Britain Financial News
03.10 / 16:17
Reuters
Action
Remark
country
reports
strain
Indian
'No criminality established', says Scotland Police post Indian envoy's heckling row at Glasgow gurdwara
India Today. Earlier on 29 September, the Indian High Commissioner to the UK had to leave the gurdwara, situated in the Albert Drive area of Glasgow, after he was denied entry.
03.10 / 15:43
Provident
Amazon
Microsoft
Google
reports
recommendations
Ofcom
UK media regulator Ofcom to push for antitrust probe into Amazon, Microsoft cloud dominance
LONDON : British media regulator Ofcom will this week push for an antitrust investigation into Amazon and Microsoft's dominance of the UK's cloud computing market, according to two sources familiar with the matter. The recommendation, first issued by Ofcom in April, will remain in the body's final report on the matter, set to be published on Thursday, one of the sources said.
03.10 / 15:17
03.10 / 14:19
Wealth managers
People moves
Tyndall IM hires two investment directors from Walker Crips
Edward Baring (left) and Ed Harvey (right) have joined from Walker Crips Investment Management.
03.10 / 14:19
CEO
Barclays
People moves
Martin Currie names Jen Mair CEO
Jen Mair (pictured) joined Martin Currie in 2015 as chief of staff and general counsel.
03.10 / 14:19
People moves
Redwheel
Business roles
distribution
Redwheel sales head Gary Tuffield resurfaces at Goodhart Partners
Gary Tuffield, who has resurfaced at Goodhart Partners after his departure from Redwheel in March 2023
03.10 / 14:19
03.10 / 14:19
BlackRock
ETFs
Lloyds Bank and BlackRock partner to offer retail access to select ETFs
'Delivering investments online and through mobile banking brings the simplicity and affordability of ETFs to more people.'
03.10 / 13:37
Lowe's
economy
Yellow
DXY
show
testing
Gold: Dollar Looks Fearsome, But Yellow Metal May Have Drawn Its Own Red Line
The world’s supposedly preferred “safe-haven” is not being treated as such as the global economy shudders from the possibility of more inflationary and rate hike pain. Its nemesis instead wears the crown, sitting atop the current market upheaval.
03.10 / 12:39
UPS
Provident
Death
Healthcare
country
prevention
Type 2 diabetes diagnosis at 30 may cut life expectancy by 14 years: Lancet study
type 2 diabetes at the age of 30 could see their life expectancy fall by as much as 14 years, according to a study published in The Lancet Diabetes & Endocrinology. The analysis of data from 19 high-income countries found that even people who do develop the condition at the age of 50 could see their life expectancy fall by up to six years. The findings highlight the urgent need to develop and implement interventions that prevent or delay onset of diabetes, especially as the prevalence of diabetes among younger adults is rising globally, the researchers said.
03.10 / 12:20
COST
VISA
country
consequences
recommendations
UK migration advisor tells Sunak government to scrap special visa rules for shortage occupations
The MAC conducted a review of the Shortage Occupation List (SOL) and expressed concerns that making it easier to recruit low-wage workers could increase the risk of exploitation. Currently, employers can hire migrant workers at 80% of the standard «going rate» for specific occupations listed on the SOL. This includes roles like bricklayers and care workers. Being on the SOL allows employers to bypass the general minimum salary threshold for a skilled worker visa, which is £26,200. Consequently, sectors with wages below this threshold have particularly benefited from inclusion on the list. The MAC's recommendation stems from concerns that low-wage migrants may result in a net fiscal cost for the UK, and the administrative burden of the scheme can be uneconomical for many businesses. The committee believes that abolishing the SOL would be a preferable approach to addressing labor shortages in low-wage sectors. The MAC suggested that no employer should be allowed to pay below the going rate, as this would help protect resident workers from wage undercutting and reduce the potential exploitation of migrant workers. The Home Office has not provided an immediate response to the report.
03.10 / 12:13
UPS
show
social
information
reports
Banks behind 70% jump in greenwashing incidents in 2023 -report
LONDON (Reuters) -The number of instances of greenwashing by banks and financial services companies around the world rose 70% in the past 12 months from the previous 12 months, a report on Tuesday showed.
03.10 / 11:35
Action
VIX
exclusive
information
travelers
Time
Arsenal
Arsenal faces Lens in crucial Champions League match: Time, streaming, and lineup details
Champions League away game of the season, as Mikel Arteta's side travels to Lens on October 3. After a stellar 4-0 home victory against Dutch giants PSV Eindhoven last month, the Gunners aim to continue their impressive form in Europe's premier club competition. However, the busy match schedule poses a challenge for Arteta, as he strives to maintain a balanced squad for various competitions. Here's what you need to know ahead of this crucial match. Kickoff Time and Viewing Information The Lens vs. Arsenal clash will take place at the Stade Bollaert-Delelis in Lens, France, and is scheduled to kick off on Tuesday, October 3, at 9:00 p.m. local time. For viewers around the world, here are the corresponding kickoff times:
03.10 / 11:27
Lowe's
FIVE
CEO
Strategy
With its demerger, Vedanta is going for broke
Anil Agarwal’s Vedanta Group is demerging the natural-resources conglomerate Vedanta Ltd (Vedl), which is listed in India, into six separate companies. The group has said it aims to complete the reorganisation by September 2025 and list at least five of the new entities by March 25. Since the group also controls Hindustan Zinc its share price is sure to be affected, too.
03.10 / 10:37
COST
UPS
Browser
show
information
recommendations
Time
fall
UK food prices fall in September for first time in two years, figures show
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03.10 / 10:37
UPS
BBC
Browser
Inside
information
recommendations
tax cuts
Jeremy Hunt says no short-cuts on UK tax cuts
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03.10 / 10:33
People moves
Business roles
distribution
Franklin Templeton makes raft of senior promotions within global distribution team
Matt Harrison, Sandeep Singh, Julian Ide and Tariq Ahmad have all been promoted.
03.10 / 09:23
UK
HL
shortlist
HL drops Aviva Investors UK Listed Equity Income from Wealth Shortlist over manager leave
Chris Murphy, co-manager of the UK Listed Equity Income, is on a temporary leave of absence from Aviva Investors.
03.10 / 09:23
BlackRock
UK
Investment trusts
People moves
liontrust
James de Uphaugh to retire after 36-year career
Manager of the Edinburgh investment trust James de Uphaugh, who is set to retire in February 2024
03.10 / 09:23
inflation
UK
Cost of Living
BRC
Food Prices
Time
fall
Food prices fall for first time in two years
Lower grocery inflation will be welcomed by households, where budgets remain under pressure.
03.10 / 09:23
economics
inflation
UK
Interest rates
monetary policy
Monetary Policy Committee
Bank of England rate setter Catherine Mann breaks ranks with gloomy inflation prediction
Catherine Mann is a member of the Bank of England's Monetary Policy Committee
what's happening in Britain
What is the current situation in Britain?
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