Category : Business News

BUSINESS / Business News - 2 months ago

Trump proposes corporate tax cuts of 20%

US President Donald Trump’s administration has unveiled plans for a drastic overhaul of the country’s tax system, including reducing corporate tax to 15%. Treasury secretary Stephen Mnuchin presented the plan to the media on Wednesday and said that...

BUSINESS / Business News - 2 months ago

UK business bosses tackle Brexit challenges

What happens when a Leave-backing hedge fund manager gets together with a pro-Remain former EU Commissioner? The answer is Prosperity UK, a conference that has been taking place in London today, billing itself with the slogan "coming together to mak...

BUSINESS / Business News - 2 months ago

Invesco eyes $500m fund manager Source

The asset management giant which operates in the UK under the Invesco Perpetual brand is plotting a $500m takeover of Source, a London-based funds provider. Sky News understands that Invesco is one of two remaining bidders for Source, which is joint...

BUSINESS / Business News - 2 months ago

Energy boss: 'get everyone on a fixed deal'

The boss of a 'big six' energy firm has joined industry criticism of Tory plans for bill caps, suggesting controversial standard tariffs be abolished instead. Keith Anderson, chief executive of ScottishPower, used the release of the supplier's first...

BUSINESS / Business News - 2 months ago

'Caution' at Santander UK as profits fall 1%

Santander UK has said there is a "degree of caution" in its outlook for the UK economy as rising inflation begins to hit consumer spending power. The lender voiced fears of an easing in credit growth to households and businesses alike while revealin...

BUSINESS / Business News - 2 months ago

Santander cools fears for UK arm from Brexit

The boss of Banco Santander has said he is now confident there will be "less direct impact" on its UK arm from Brexit than the bank originally feared. Jose Antonio Alvarez made his comments to reporters in Madrid, while outlining the group's first q...