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Passing the 10,000-point barrier is a largely symbolic milestone for the FTSE 100, but it underlines an upward trend for the index of the UK’s largest companies and offers some cautious optimism for the year ahead. Founded in 1984 with an index value of 1,000, last year was the FTSE’s best since 2009, rising 21.5%…
Rachel Reeves is “quietly hammering” workers with stealth taxes as a result of her budget last year, a think tank has said. While the chancellor did not increase income tax, national insurance contributions for employees or VAT, avoiding a manifesto breach, her November statement did see her extend a freeze on the first two until…
Britain’s biggest private hospital operator has handed prospective suitors a deadline to pursue a takeover of the company amid shareholder pressure on it to explore a sale. Sky News has learnt that advisers to Spire Healthcare have told parties including private equity firms to register their interest by 20 January. The date is not a…
The UK’s flagship stock index has had its best year since 2009 after a series of record-breaking days. The Financial Times Stock Exchange (FTSE) 100 ended the year up 21.5% compared to the start. It means the share price of the publicly traded companies making up the FTSE 100 had the greatest annual increase in…
The London-listed company behind the Revolution bars chain has set a deadline for bids next week after warning shareholders that they face being wiped out as part of a deal. Sky News understands that The Revel Collective, which also owns 22 Peach Pubs and bars trading under the Revolucion de Cuba name, has told bidders…