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Ian Smith
Nationwide deal shows UK mutuals are back on the front foot
...Such groups might have the benefit of a trailing wind from policymakers: Labour aims to double the size of the UK’s co-operative and mutual financial services sector, according to its financial services...
March 18, 2024
UK immigration
Axing graduate visa route risks ‘severe’ damage to university sector
...A UK government move to restrict student immigration would cause “significant” financial damage to the university sector, the head of the Russell Group of leading research institutions has warned....
May 11, 2024
FT Live
The Impact Of Gen AI On The Legal Sector
How are law firms leveraging technology to transform services and operations?
Tuesday, 11 JuneDigital Conference
UK politics
Protests should be banned near UK defence and energy sites, review concludes
...Kevin Craven, chief executive of trade body ADS Group, said the aerospace, defence and security sectors were “vital contributors to UK prosperity”....
May 9, 2024
UK local government finance
Warrington Council refused to hand over key information to auditor
...The council added that Grant Thornton had “requested” to step down as its auditor and that the relevant public sector body had “provisionally appointed a new auditor”....
May 10, 2024
Inheritance
Probate delays threaten vital services, UK charities warn
...Leading UK charities have warned that hold-ups in probate grants are putting vital services and research in jeopardy, as grieving families face crippling delays obtaining legal authority to release funds...
March 7, 2024
UK economy
UK economy returns to growth in January
...The UK economy returned to growth in January helped by the expansion of the services sector, following a technical recession in the second half of 2023....
March 13, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
News updates from May 3: US adds 175,000 jobs in April; Trump Media auditor barred
US services sector contracts for first time since December 2022
...Activity in the US services sector unexpectedly contracted in April, the first time since December 2022, as business activity slowed and new orders softened....
May 3, 2024
UK labour disputes
UK train passengers face fresh wave of disruption as drivers strike
...service continues, amid fears such a move would further inflame the dispute....
May 6, 2024
UK GDP
UK economy rebounds in November
...The UK economy rebounded more than expected in November driven by growth in the services sector, according to official figures that ease fears of a technical recession....
January 12, 2024
UK economy
London accounts for almost half of booming UK services exports
...Both sectors registered stronger exports growth than financial services, which grew by 8 per cent per year....
January 23, 2024
News updates from March 5: China targets 5% GDP growth in 2024, Gold and Bitcoin hit record highs
Chinese services sector growth slows from previous month
...China’s services sector grew less than forecast last month, a private survey of businesses showed....
March 5, 2024
News updates from April 3: Iger defeats Peltz in Disney proxy war; Eurozone inflation falls to 2.4%
Slowdown in US services sector stirs hope for inflation respite
...The association’s index tracking the services sector fell to 51.4 last month from 52.6 in February, missing economists’ forecasts for a reading of 52.7....
April 3, 2024
News in-depthNHS England
Does going private hurt the NHS?
...Demand for private healthcare has soared in the UK as patients despair of long NHS waiting lists, but experts warn the shift could overstretch staffing in the struggling public service and create a “two-tier...
May 10, 2024
Letter
Letter: Financial services has a class ceiling problem
...Research we have done at Progress Together, a membership body focusing on progression, retention and socio-economic diversity in the financial services sector, has found that socio-economic background is...
April 26, 2024
News in-depthNorthern Ireland
Cash crisis waits for Northern Ireland’s restored executive
...Top of the Northern Ireland executive’s mountainous in-tray is public sector pay, notwithstanding £600mn earmarked for this year’s awards in the UK government package....
February 5, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Law
Legal aid cuts risk shifting costs to other public services, says UK watchdog
...The watchdog said there was evidence to suggest the cuts were increasing workloads for other parts of the public sector....
February 9, 2024
UK house prices
UK house sales rise 12% in April
...UK mortgage approvals rose to a 17-month high in February. Mortgage rates have fallen from their peak last summer....
April 29, 2024
Global inflation
Persistent price pressures in services could delay rate cuts, says BIS
...The rate of services price growth increased in the UK to 6.5 per cent in January and declined at a slower pace than overall inflation in the US in January and the eurozone in February....
March 4, 2024
Rail
Investment in rail freight imperilled by government and Labour plans
...Neither of the big UK political parties plans to nationalise the operators and the sector depends on private capital for new facilities, locomotives and other investments....
May 6, 2024
Financial & markets regulation
Finance hurdles for SMEs threaten to stymie UK growth, say MPs
...The service, which costs more than £40mn to run had only settled 58 cases so far, the committee noted....
May 7, 2024
UK financial regulation
FCA surprised by criticism over ‘name and shame’ proposal, says chair
...But frankly, there’s more than enough fraud in the traditional financial services sector,” the minister said....
May 8, 2024
Special ReportUK’s Leading Management Consultants
UK’s Leading Management Consultants 2024: the ratings
...) among all awarded companies in each sector and service area received a gold rating...
February 29, 2024
Ministry of Defence UK
UK probes ‘potential failings’ at military contractor over suspected China hack
...It claims to have delivered £750mn in savings to the public sector over the past decade. The cabinet office sold its 25 per cent stake in SSCL to Sopra Steria last year....
May 7, 2024
Technology regulation
Ofcom adds pressure on tech industry to protect children online
...The UK media regulator has set out its expectations for technology companies to protect underage users from harmful content online as stringent new legislation comes into effect....
May 7, 2024
News updates from April 22: Huw Edwards resigns from BBC; Head of Israeli military intelligence to resign
UK services exports extend dominance over goods exports, ONS data shows
...UK export growth has become increasingly dominated by services, which rose 63 per cent since 2010 compared with just 7 per cent for goods, according to official statistics....
April 22, 2024

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