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25.11.25 - 21:54
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Majority of Affluent Women Say Giving is a Priority, Reveals HSBC Report (Bloomberg)
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Racquel Oden, head of international wealth and private banking at HSBC US, says that giving trends vary by gender and generation, with 60% of affluent women telling HSBC that giving is a priority to them. The company's 'The Giving Shift' survey also reveals that these women care less about having their name of a building and more about charities that have an impact close to home. (Source: Bloomberg)...
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25.11.25 - 19:12
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UK accused of caving-in to British Virgin Islands over access to company register (The Guardian)
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Parliamentary group urges government to clamp down on overseas territories before flagship anti-corruption summitThe UK government has been accused of caving-in to pressure from the British Virgin Islands by allowing it to limit access to a register of company share ownership to only those deemed to have a legitimate interest.The restriction, to be discussed at talks starting on Tuesday between Foreign Office ministers and leaders of the British overseas territories (BOTs) in London, is in defiance of legislation passed by the UK government as long ago as 2008 that would make the register available to all. Continue reading......
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25.11.25 - 19:12
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B&Q owner looks fine – fears for other firms if ′softening′ retail market turns soggy (The Guardian)
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Kingfisher raises profit expectations for financial year from £480m-£540m to £540m-£570mJust what an embattled chancellor needs on the eve of a tax-raising budget: a leading retailer upping its profits forecast and singing about the joys of the UK economy.Unfortunately, only the first bit is true. Kingfisher, owner of B&Q and Screwfix (and similar businesses in France and Poland), raised its profit expectations for its current financial year from £480m-£540m to £540m-£570m. Continue reading......
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25.11.25 - 19:12
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Millions of UK workers to get pay rise as Reeves plans increased minimum wage (The Guardian)
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Chancellor says people must be 'properly rewarded for their hard work' with 16- to 21-year-olds also in line for raiseMillions of low-paid workers in the UK are to get a pay rise of 4.1% next year, as Rachel Reeves confirmed that minimum wage rates will go up as part of the government's ambition to improve living standards.The national living wage will rise from £12.21 to £12.71 an hour from April for over-21s, which the government said would increase the annual earnings of about 2.4 million workers by £900.A year in Westminster: John Crace, Marina Hyde and Pippa Crerar. On Tuesday 2 December, join Crace, Hyde and Crerar as they look back with special guests at another extraordinary year, live at the Barbican in London and livestreamed globally. Book tickets here Continue reading......
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