Chancellor to launch £7.3bn national wealth fund to ‘unlock investment’ July 9, 2024 Chancellor Rachel Reeves will launch a national wealth fund with £7.3bn of state funding to “unlock investment” in UK growth industries.
Tulip Siddiq appointed City minister to lead Labour’s financial services policy July 9, 2024 Tulip Siddiq has been appointed to the role of City minister where she will be tasked with leading the new government’s policy on financial services, City PM understands.
Sir Nicholas Lyons to host secret pension summit in push to unlock £75bn investment July 9, 2024 Some of Britain’s biggest pension firms are set for a secret summit in the Square Mile this week to discuss how to pump billions of pounds of retirement cash into the country’s start-ups, City PM can reveal.
FTSE 100 today: London markets set for muted open amid sparse economic calendar July 9, 2024 Asian markets mirrored Wall Street's rise, with gold prices edging up. All eyes are on Federal Reserve Chair Jerome Powell's testimony.
Starmer: Nationalising debt-laden Thames Water ‘not consistent’ with our fiscal rules July 8, 2024 Nationalising Thames Water would “not be consistent” with Labour’s fiscal rules, the Prime Minister’s spokesman has said.
Chancellor Rachel Reeves unveils planning reforms to ‘get Britain building again’ July 8, 2024 Chancellor Rachel Reeves has unveiled a raft of planning reforms in a bid to “get Britain building again” in her first major speech at the Treasury.
City ‘stands ready’ to work with new Labour government on growth July 8, 2024 Business lobby groups and Canada have said the sector “stands ready” to work with Keir Starmer’s new Labour government on realising growth.
What is waiting in business secretary Jonathan Reynolds’ in-tray? July 8, 2024 Jonathan Reynolds’ in-tray is already piling up with urgent issues. We take a look at a few of the day one problems facing the new business secretary.
FTSE 100 today: London markets brace for caution amid French election deadlock July 8, 2024 Asian markets mixed, euro fell amid France election gridlock. Focus on UK GDP, Wall Street earnings, Fed Chair Powell's testimony, and US CPI.
EU would give ‘fair hearing’ to plans to improve relationship, Irish PM says July 7, 2024 EU leaders would give Keir Starmer a “fair hearing” on plans for “ironing out practical issues” between the UK and Europe, the Irish Prime Minister said.
