7 h. ago Looser bonus rules and tax breaks needed to save London stock market, says CBI

Industry lobby group draws up 20-point plan to stop London ‘drifting into irrelevance’Nils Pratley: London’s stock exchange needs a shot in the arm from the TreasuryThe London stock market risks “drifting into irrelevance” without government and regulatory reforms, ranging from tax breaks for stock market listings to looser bonus rules for directors, a lobbying group has said.The 20 recommendation put forward by the Confederation of British Industry (CBI), which lobbies on behalf of UK businesses, suggest financial incentives, marketing campaigns and boardroom pay are central to guaranteeing the future success of the London Stock Exchange, which has been losing stock market listings and floats to foreign rivals. Continue reading...

Economics

17 h. ago UK high street chaos as Kate Middleton favourite sacks staff as it enters administration

Seraphine founded in 2002 by Cecile Reinaud and was floated on the stock market in 2021 with a £150m valuation, and went under the ticker identification of 'BUMP'

Politics

18 h. ago Trump promises there will be ‘no change’ to his August 1 tariffs start

Donald Trump has repeatedly backed off from imposing the sweeping import taxes after stock and bond market downturns

Politics

19 h. ago Macron warns against Europe’s excessive dependency on US, China – Europe live

French president Emmanuel Macron is in the UK for a state visitDanish prime minister Mette Frederiksen is now giving a major speech in the European parliament, outlining Denmark’s priorities for the EU as it takes the rotating presidency of the Council of the European Union.Opening, she warns that “Europe is facing the greatest challenges since the 1940s,” as she lists a growing lists of urgent issues, with Russia’s aggression on Ukraine, migration, the Middle East, trade, and terrorism.“The threats may be many, and they are indeed serious, but I have trust in Europe.Trust that we can move our continent forward, build a more secure Europe, a greener and more competitive Europe, a new Europe of tomorrow with possibilities and welfare for our citizens, but only if we remember what we are capable of, what our societies are built upon, and who we really are as Europeans.” Continue reading...

Events

20 h. ago Marseille airport suspends flights due to wildfire as residents warned to clear the streets – Europe live

Local authorities warned residents to stay inside and leave streets clear as they said the wildfire was moving towards the cityDanish prime minister Mette Frederiksen is now giving a major speech in the European parliament, outlining Denmark’s priorities for the EU as it takes the rotating presidency of the Council of the European Union.Opening, she warns that “Europe is facing the greatest challenges since the 1940s,” as she lists a growing lists of urgent issues, with Russia’s aggression on Ukraine, migration, the Middle East, trade, and terrorism.“The threats may be many, and they are indeed serious, but I have trust in Europe.Trust that we can move our continent forward, build a more secure Europe, a greener and more competitive Europe, a new Europe of tomorrow with possibilities and welfare for our citizens, but only if we remember what we are capable of, what our societies are built upon, and who we really are as Europeans.” Continue reading...

Events

23 h. ago Macron says state visit to UK ‘significant for Europe’ as he meets royals – Europe live

State visit will involve events with pageantry but is also scheduled to include an Anglo-French summit and other meetings with Keir StarmerDanish prime minister Mette Frederiksen is now giving a major speech in the European parliament, outlining Denmark’s priorities for the EU as it takes the rotating presidency of the Council of the European Union.Opening, she warns that “Europe is facing the greatest challenges since the 1940s,” as she lists a growing lists of urgent issues, with Russia’s aggression on Ukraine, migration, the Middle East, trade, and terrorism.“The threats may be many, and they are indeed serious, but I have trust in Europe.Trust that we can move our continent forward, build a more secure Europe, a greener and more competitive Europe, a new Europe of tomorrow with possibilities and welfare for our citizens, but only if we remember what we are capable of, what our societies are built upon, and who we really are as Europeans.” Continue reading...

Politics

25 h. ago Berlin summons Chinese ambassador over military use of laser targeting German aircraft – Europe live

‘The endangerment of German personnel and disruption of the operation are completely unacceptable,’ foreign ministry saidDanish prime minister Mette Frederiksen is now giving a major speech in the European parliament, outlining Denmark’s priorities for the EU as it takes the rotating presidency of the Council of the European Union.Opening, she warns that “Europe is facing the greatest challenges since the 1940s,” as she lists a growing lists of urgent issues, with Russia’s aggression on Ukraine, migration, the Middle East, trade, and terrorism.“The threats may be many, and they are indeed serious, but I have trust in Europe.Trust that we can move our continent forward, build a more secure Europe, a greener and more competitive Europe, a new Europe of tomorrow with possibilities and welfare for our citizens, but only if we remember what we are capable of, what our societies are built upon, and who we really are as Europeans.” Continue reading...

Events

28 h. ago What is going on with Trump’s tariffs? All you need to know as trade deal deadline delayed again

Stock market volatility and costs to small businesses are just two of the knock-on effects from the tariffs

Economics

50 h. ago Tesla shares dive as investors fear new Elon Musk political party will damage brand

Fall of 7% in premarket trading would wipe $70bn off firm’s value as market frets CEO’s foray into politics will distract from roleShares in Tesla are heading for a sharp fall in the US as investors fear Elon Musk’s launch of a new political party will present further problems for the electric carmaker.Tesla stock was down more than 7% in pre-market trading on Monday, threatening to wipe approximately $70bn (£51bn) off the company’s value when Wall Street opens. Continue reading...

Economics

6 d. ago What AstraZeneca could cost London stock market if it moves to US

What AstraZeneca could cost London stock market if it moves to US  The Independent

Economics

6 d. ago London stock market could weather its biggest blow yet if AstraZeneca exits

London stock market could weather its biggest blow yet if AstraZeneca exits  CNBC

Politics

6 d. ago London stock market could face its biggest blow yet if AstraZeneca exits

London stock market could face its biggest blow yet if AstraZeneca exits  CNBC

Politics

6 d. ago What AstraZeneca could cost London’s stock market if it moves to US

What AstraZeneca could cost London’s stock market if it moves to US  The Independent

Economics

7 d. ago Brits reveal top behaviours that boost confidence in investing and saving

Brits’ financial confidence has grown in the last 12 months – despite economic uncertainty, recent volatility in the stock market and falling interest rates.

Economics

7 d. ago £160bn fear for London’s stock market as UK’s biggest firm considers US move

£160bn fear for London’s stock market as UK’s biggest firm considers US move  The Independent

Economics

7 d. ago Fears over £160bn blow to London’s stock market as AstraZeneca considers listing move to US

CEO Pascal Soriot has not hidden his annoyance at taxes and regulations the pharmaceutical firm have to navigate

Economics

7 d. ago AstraZeneca boss ‘wants to shift stock market listing to US’

Report claims CEO Pascal Soriot talked in private about moving UK’s most valuable listed company and considered shifting its domicileAstraZeneca’s chief executive, Pascal Soriot, has reportedly said that he would like to shift the company’s stock market listing from the UK to the US.The boss of Britain’s most valuable listed company has spoken privately about a preference to move the listing to New York, the Times reported. It added that he had also considered moving the company’s domicile. Continue reading...

Economics

7 d. ago Fed chair Jerome Powell blames Trump tariffs for failure to cut US interest rates this year – business live

Rolling coverage of the latest economic and financial newsUS dollar has worst first half in more than 50 years amid Trump tariffsSainsbury’s has recorded its strongest growth since last summer after its Argos chain recorded a big step up in sales as shoppers sought out paddling pools and fans during recent hot weather.The retail group said Argos, its catalogue shop, was able to achieve growth of 4.4% in the three months to 21 June, up from 1.9% in the previous quarter. Comparable group sales, excluding fuel, rose 4.7% on a year earlier.Companies have now expanded production slightly for the fourth month in a row, order intake has ceased to fall, and slightly longer delivery times also indicate that demand is picking up a bit.Against the backdrop of numerous uncertainties - US tariffs, the crisis in the Middle East, and Russia’s ongoing war against Ukraine - this can certainly be seen as a sign of resilience. Continue reading...

Politics

8 d. ago UK house prices fell in June; London stock market celebrates best first half to a year since 2021 – business live

UK house prices fell in June; London stock market celebrates best first half to a year since 2021 – business live  The Guardian

Economics

8 d. ago England vs India: Jofra Archer to wait for comeback with hosts unchanged for second Test

Fast bowler missed training at Edgbaston due to a family emergency but should rejoin squad on Tuesday

Politics