More than 10,000 millionaires have left Britain in a year – this is where they’re all going Personal Finance More than 10,000 millionaires left Britain last year, partly to avoid higher taxes – with many quitting for more glamorous destinations. In total Britain lost a net 10,800 millionaires in 2024, according to the New World Wealth (NWW) analytics firm, more than any other country except China. That is a rise of 157 per cent [...]
London coaxes bankers back from political chaos in Europe Banking Political chaos across Europe is pushing bankers to stay in London rather than follow through on plans to move to the continent. Following Brexit, many bankS began shifting certain roles across the channel, sometimes due to requests from European regulators, and sometimes to stay better connected to the continent. A senior banking source told the [...]
ECB cuts interest rates again as inflation continues to fall Economics The move means the main interest rate was reduced by 25 basis points to 3.25 per cent, down from a peak of four per cent which was reached last September.
Emery wants Villa victory for Shaw as pubs get set to cash in on Champions League September 17, 2024 Unai Emery has called upon his Aston Villa side to win their first top flight European tie since 1983 in honour of Gary Shaw, who won the cup with the Midlands outfit. Shaw, who was a key part of the victorious 1982 European Cup team, died on Monday at the age of 63. Aston Villa [...]
Sigmaroc’s revenue surges ahead of expectations as expansion plan pays off September 9, 2024 London-listed raw materials group Sigmaroc has seen its revenue surge past expectations following a push to diversify its strategy, it said today. The company, which is headquartered in London, grew its revenue by 60 per cent in six months ending June 30, 2024, hitting £468.8m from £290m in the same period last year. Sigmaroc said this [...]
Meet the fund managers: Euro bond hunting with conviction September 9, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Neil Mehta, manager of the RBC BlueBay Investment Grade Euro Aggregate Bond Fund. How does your fund stand out from others in the same market? We embrace a truly active mindset unlike many [...]
UK-EU trade has ‘flatlined’ but hopes for ‘reset’, MPs told September 6, 2024 UK trade with the European Union (EU) has “essentially flatlined”, MPs were told, but the new government hopes to “reset our relationship” with the neighbouring bloc. Business minister Douglas Alexander told the House of Commons: “Overall trade since 2018 has essentially flatlined. “As a government, we’re determined to reset our relationship with the EU more [...]
Champions League: When is the draw and what is the new format? August 28, 2024 The Champions League draw has always been a much-anticipated event for fans of the qualified sides, and even more so this time with the advent of a new “league phase”. Football devotees are eager to discover which European giants they will be facing and which historic cities they can look forward to visiting, meaning that [...]
Starmer to pledge fresh focus on border security as part of reset with Europe July 18, 2024 Sir Keir Starmer will pledge to reset the UK's relationship with Europe, vowing to put a fresh emphasis on border security at the heart of ties with the continent.
Keegan Bradley: Full list of former USA Ryder Cup captains July 8, 2024 Keegan Bradley was on Monday confirmed as the Ryder Cup captain for Team USA ahead of the 2025 tournament at Bethpage Black. It comes as Tiger Woods reportedly rejected the opportunity to lead the USA in the famous intercontinental golf competition in New York. “I am incredibly honoured to accept this opportunity to Captain the [...]