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Evening Standard
Property prices increase despite Government mini-budget fallout
First-time buyers are pausing their plans to move house following September’s mini budget, while those with deals agreed are rushing to complete, research from Rightmove has revealed.Former chancellor Kwasi Kwarteng’s Commons statement on September 23 sent the pound tumbling and caused mortgage rates to soar, shattering buyers’ confidence.Faced with this financial uncertainty, many first-time buyers …
Business
Business Live
ADVERTORIAL: The benefits of fleet management for your business
If you’re running a business using commercial vehicles, your fleet is the lifeblood of your operation. But managing a commercial fleet can be a challenge. It takes a lot of work to ensure vehicles are kept operational, stay compliant and that your drivers stay on track. But is your time better spent elsewhere than managing …
Business
Evening Standard
Hargreaves boss to stand down amid wider market turmoil
CHRIS Hill today said he would quit asset manager Hargreaves Lansdown, a move that comes amid wider turmoil in the sector.His arch rival Andy Bell is stepping down from the board of the AJ Bellbroker he founded – HL’s most direct competitor.Abrdn, the wealth manager that lately bought interactive investor, is under pressure due to …
Business
Sky News
Single fund at asset manager faced ‘knockouts’ without fall in gilt yields
Britain’s financial regulators have identified one remaining fund at an asset manager which would have faced a series of “knockouts” and potential collapse if gilt yields had risen markedly this morning.A half percentage point rise in the interest rates on government bonds would have left this fund, whose identity Sky News is protecting, having to …
Press Release
Pressat
Visible Youth™ launch is a breakthrough in skincare science
October 17 2022, London. Visible Youth™ is a revolutionary new skincare system. Discovered in medical research for skin cancer treatments, it is a remarkable serendipity of science. A pure molecule of medical grade Hyaluronic Acid (HA) delivers powerful skin regenerating biomaterial with technical precision into the deeper dermis. This complete formula of purity, power and …
Business
Sky News
Financial market pressures ease as mini-budget giveaways culled
Financial markets have reacted positively to the new chancellor’s cull of more costly measures in his predecessor’s disastrous mini-budget.Jeremy Hunt revealed in a televised statement that he would no longer be proceeding with almost all the controversial package, including the reduction in the basic rate of income tax from 20% to 19% from next April. …
Business
Sky News
Warning ‘up to a million’ workers could go on strike this winter
Unions are close to organising co-ordinated strike action “very soon” following the “horror story” of the past few weeks, a union boss has told Sky News.Sharon Graham, general secretary of Unite, accused the government of “aiding and abetting” employers earning millions in profits but not handing that to workers. She confirmed Unite, the UK’s second …
Business
Sky News
Trade unions vow to fight government over strike legislation to ‘keep Britain moving’ during strikes
The government is pressing ahead to introduce legislation which will require transport workers to run a minimum service when strikes are taking place. It comes after commuters have been plagued by months of travel chaos caused by industrial action by railway workers, who are calling for better pay, working conditions and job security. But trade …
Business
Evening Standard
Government presses on with legislation to ‘keep Britain moving’ during strikes
The Government is pressing ahead with legal moves to introduce minimum service levels during strikes by transport workers.The announcement follows months of industrial action by railway workers in bitter disputes over pay, jobs and conditions which has caused travel chaos across the country.Unions criticised the move, with many believing it would be unworkable.Legislation will be …
Business
Evening Standard
Mini-budget went ‘too far, too fast’, says new Chancellor
Jeremy Hunt said that Liz Truss’s mini-budget went “too far, too fast” as the new Chancellor effectively signalled the demise of the Prime Minister’s economic vision.Political and economic circles spent Saturday sizing up Mr Hunt after he used a series of broadcast interviews in the morning to suggest Ms Truss’s immediate economic plan is now …
Business
Evening Standard
Asos seeks £350 million credit boost to avoid financial buffers
Troubled fast fashion retailer Asos is to take urgent action to avoid the financial buffers confirming it is in talks about its £350 million credit facility with financial backers and in the “final stages” of agreeing its “future financial covenant”.The retailer that insisted it had a “strong liquidity position” issues its full year results on …
Business
Evening Standard
Speculation builds over Hunt’s plans amid reports of delay to 1p income tax cut
Speculation is growing about the direction that new Chancellor Jeremy Hunt will take the nation’s finances, amid reports that he could seek to delay plans for a 1p cut in income tax.The new Chancellor, who spoke to broadcasters on Saturday in his first full day in office, declined to be drawn into specifics of what …

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