Breadcrumb Trail Links PMN Business Author of the article: Article content LONDON — Rishi Sunak will be Britain’s next prime minister after his rivals quit the race, following one of the most turbulent periods in British political history. Following are latest events, comments and context: Financial Post Top Stories Sign up to receive the daily […]
Breadcrumb Trail Links PMN Business Author of the article: Publishing date: Oct 24, 2022 • 10 minutes ago • 3 minute read • Join the conversation Article content LONDON — Former British finance minister Rishi Sunak will be Britain’s next prime minister after his rivals quit the race, keeping a volatile pound under pressure against the […]
Online fashion retailer Asos is poised to confirm that the billionaire retailer Mike Ashley has built up a stake of more than 5% in the company. Asos’s statement to investors could come as soon as Monday morning, before the London Stock Exchange reopens after the weekend. Ashley’s fashion and sportswear retailer Frasers Group informed Asos […]
Average earners, rather than the wealthy, will be required to pay significantly higher taxes to finance higher public spending in the UK, the former governor of the Bank of England said on Sunday. Mervyn King said there “isn’t enough money there amongst the rich to get it back” to fund the “strong case” for some […]
Hundreds of dock workers at one of the UK’s largest container ports are beginning a fresh two-week strike in a dispute over pay, which could further disrupt the country’s supply chains. Nearly 600 members of the Unite union at the Port of Liverpool, which is owned by Peel Ports, will strike again from Monday, after […]
Rishi Sunak’s £520 million scheme to improve the productivity of Britain’s small companies faces the chop as part of a review of business support in Whitehall to find cost savings. The former chancellor launched the initiative in March 2021 to train the leaders of 30,000 businesses on 12-week courses run by business schools over the […]