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UK economy grew slightly in August ahead of key Budget
Posted onNick Edserbusiness reporter Getty Images The UK economy grew slightly in August, official figures show, as focus intensifies on what measures the government might unveil in next month’s Budget. An increase in manufacturing output helped the economy expand by 0.1%, the Office for National Statistics (ONS) said, but the figure for July was revised down…
Leon to close stores and cut jobs in restructure
Posted onLeon has announced it will close several of its restaurants and cut jobs as part of a major restructure of the High Street food chain. The company has appointed Quantuma as administrators after Leon’s original co-founder John Vincent reacquired the company last month from Asda. The move places the future of the worst performing of…
Goldman pitches hedge funds on strategies to bet against corporate loans
Posted onTo read this article for free Register now Once registered, you can: • Read free articles • Get our Editor’s Digest and other newsletters • Follow topics and set up personalised events • Access Alphaville: our popular markets and finance blog
Budget 2026: India pushes local industry as global tensions rise
Posted on“Coming on top of last year’s hike, this is likely to raise impact costs for traders, hedgers and arbitrageurs. This could cool derivative activity and lead to a reduction in volumes,” said Shripal Shah, managing director and CEO of Kotak Securities.
Rachel Reeves suggests family benefit limits will be lifted
Posted onPaul SeddonPolitical reporter Rachel Reeves: I don’t think it’s right that a child is penalised for being in a bigger family Rachel Reeves has suggested she favours removing limits on benefits linked to family size at next month’s Budget. The chancellor told the BBC it was not right that children in bigger families were “penalised”…
