SEC chief tells UK to set a firm deadline for T+1 trading settlement transition
The head of the US Securities and Exchange Commission (SEC) has told the UK to set a firm deadline on when it will transition to a new share-trading settlement regime.
UK economy has slowest private sector growth since November as manufacturing at 26-month high
The Flash UK Manufacturing Output Index was at 54.2 in June, compared to May: 53.4 in May, which was a. 26-month high.
Top pension funds: FCA listing overhaul will make life harder for UK firms
A group of the UK’s top pension funds have sounded the alarm on planned changes to the UK’s listing rules today in a bid to derail efforts to strip back regulation from the City.
Octopus to repay £3bn of Bulb nationalisation costs after supplier’s collapse
Octopus Energy will pay the UK government an early £3bn windfall after the company promised to reimburse all the public funds it received to take over the collapsed energy supplier Bulb.
Lord Alan Sugar invests in The Apprentice star’s business
Lord Alan Sugar has formally invested in the company run by a star of the latest series of The Apprentice.
M&C Saatchi drafts in former Reach and McColl’s veteran as new finance chief
Advertising giant M&C Saatchi has hired Simon Fuller as its new chief financial officer, the firm announced today.
Shares in Robinsons squash maker jump as Britvic rejects £3bn takeover bid from Carlsberg
Britvic, the company behind brands such as Robinsons squash, has rejected a second takeover offer from Carlsberg worth around £3bn.
Election 2024: Firms have ‘nothing to worry about’ on workers’ rights, Reeves says
Rachel Reeves has told businesses they have “nothing to worry about” from Labour’s workers' rights reforms at The Times CEO Summit.
UK borrowing totalled £15bn last month as debt nears 100 per cent of GDP
In fresh figures from the ONS, public sector net debt, excluding public sector banks, was just under 100 per cent of total GDP.
Rolls-Royce now worth over £40bn thanks to ‘Turbo Tufan’
Rolls-Royce has cemented its status as a darling of the London Stock Exchange after its value passed £40bn for the first time ever.