CashNews.co Sir Nigel Wilson: report ‘is aligned with Labour’s growth plans’ (PA Media) The “slow lane” British economy needs a £1 trillion investment turbo-charge over the next decade if is to have a chance to getting back to higher growth rates of around 3%, a major new report concludes today. The Capital Markets of Tomorrow […]
CashNews.co LONDON (Reuters) – British house prices rose last month at the fastest annual pace since late 2022, data from mortgage lender Halifax showed on Friday, adding to signs of renewed momentum in the property market after a recent fall in interest rates. House prices increased by 4.3% in August, the biggest annual gain since […]
CashNews.co Image source: Getty Images Banks like Lloyds Banking Group (LSE:LLOY) can be excellent shares to buy for a solid passive income. The interest from their lending activities provides a consistent and significant flow of cash that they can then distribute to their shareholders. This can be done through a large and growing dividend as […]
CashNews.co The move comes as India and the UK negotiate the proposed FTA, which has been in the making for over 15 years Eight projects, including Delhi-Meerut Regional Rapid Transit System, highways and a few related to green hydrogen and renewables, have been identified for support and funding under the UK-India Infrastructure Financing Bridge, representatives […]
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CashNews.co HMRC has reversed its position from last year in allowing fractional shares in Individual Savings Accounts (ISAs). The move from the UK tax authority now means that investors can hold portions of shares in these tax-free accounts, channelling more money into the stock market. It comes as the new Labour government prepares to update […]
CashNews.co LONDON (Reuters) – Britain needs an additional one trillion pounds ($1.3 trillion) in investment in the next decade to grow the economy, a report said on Friday. New British Prime Minister Keir Starmer said he wanted the economy to achieve annual growth of 2.5% when campaigning in the run-up to July 4’s election – […]
CashNews.co Rightmove (RMV.L) Shares in the UK’s largest online property portal Rightmove have surged after Australian real estate website REA Group said it was considering buying the British firm. Rightmove’s shares were up 24% on Monday morning, taking its market value up to £5.42bn ($7.1bn). Meanwhile, shares in REA Group (RPGRY) dipped 5%. REA, which […]
CashNews.co (Reuters) -British companies expect to raise selling prices by the smallest amount in nearly three years but wage growth shows no sign of cooling, a survey showed on Thursday in mixed news for Bank of England officials gauging inflation pressures. The BoE’s Decision Maker Panel, which is closely watched by members of the Monetary […]
CashNews.co United Kingdom universities are grappling with severe financial difficulties due to recent restrictions on visas for international students. On Thursday, university leaders called for an urgent increase in domestic tuition fees to help offset significant deficits, as reported by AFP. The President of Universities UK, Sally Mapstone, which represents 141 higher education institutions, warned […]