Tag: News

Feb 27

IFS Urges Caution on Tax Cuts in Upcoming Budget

The Institute for Fiscal Studies (IFS) has cautioned against implementing tax cuts in the upcoming Budget unless the government can provide clear details on how they will be funded. The warning comes amidst hints from Chancellor Jeremy Hunt about potential tax reductions, with the possibility of this being the last Budget before a general election. […]
Feb 26

Sir Keir Starmer Advocates ‘Patriotic Economy’ with Focus on Homeownership Boost

Labour leader Sir Keir Starmer has unveiled plans for what he terms a “patriotic economy,” with a primary focus on bolstering home ownership and revitalising communities through the creation of new towns. The announcement, made during a visit to a housing development in the West Midlands, signals Labour’s commitment to reshaping economic priorities if elected. […]
Feb 26

North and Midlands to Benefit from £4.7bn Local Transport Fund Following HS2 Northern Leg Cancellation

In a strategic move to redistribute funds and prioritise local transport infrastructure, Prime Minister Rishi Sunak has unveiled plans to allocate £4.7 billion to the North and Midlands regions of England. This significant investment follows the decision to abandon the northern extension of the high-speed rail project, HS2, last year. The reallocated funds will be […]
Feb 25

Warren Buffett’s best insights in this year’s letter to shareholders

Breadcrumb Trail Links News Investor A tribute to Charlie Munger and warning about the current state of the stock market Warren Buffett released his annual letter to shareholders Saturday. Photo by AP Photo/Nati Harnik, File Article content When legendary investor Warren Buffett releases his annual letter to his 3 million shareholders, the financial world pays […]
Feb 25

FP top videos: What people are watching this week

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, Victoria Wells and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post […]
Feb 24

Canada suffers near 40% increase in suspected digital fraud attempts

Article content Suspected digital fraud attempts in Canada shot up almost 40 per cent in 2023, the third-highest increase among 19 countries, a TransUnion study says. New data analysis from the credit reporting agency found that “five per cent of all digital transactions originating from Canada were suspected to be fraudulent.” Article content Sixty per […]
Feb 24

Leeds Building Society Trials Ban on New Holiday Let Mortgages in Tourist Hotspots

Leeds Building Society, a prominent UK lender, has embarked on a trial initiative to suspend new holiday-let mortgages in select popular tourist destinations, aiming to address concerns raised by campaigners regarding housing availability in affected areas. The move comes in response to mounting pressure regarding the proliferation of short-term holiday lets, which critics argue have […]
Feb 24

Nationwide Building Society Announces Third Round of Job Cuts Amid Restructuring Plan

Nationwide Building Society, a stalwart of the UK financial landscape, has unveiled plans for a significant restructuring effort, putting over 300 jobs at risk in its latest round of cuts within the past year. This move underscores the lender’s ongoing commitment to align its operations with evolving customer needs while streamlining internal processes. According to […]