Thea Coates Finance Reporter, Author at London Business News | Londonlovesbusiness.com https://londonlovesbusiness.com/author/theacoates/ Business News Thu, 23 Jan 2025 17:01:04 +0000 en-GB hourly 1 https://londonlovesbusiness.com/wp-content/uploads/2020/07/LLB-favicon.jpg Thea Coates Finance Reporter, Author at London Business News | Londonlovesbusiness.com https://londonlovesbusiness.com/author/theacoates/ 32 32 Former Dragon’s Den star reveals common pitching mistake candidates make https://londonlovesbusiness.com/former-dragons-den-star-reveals-common-pitching-mistake-candidates-make/ Fri, 24 Jan 2025 06:33:32 +0000 https://londonlovesbusiness.com/?p=189315

Millions of TV viewers are enjoying the new series of the hit BBC show Dragons’ Den. Former judge Piers Linney knows better than most just how high the stakes are…

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Homelessness costs ‘pushing boroughs to brink’ https://londonlovesbusiness.com/homelessness-costs-pushing-boroughs-to-brink/ Fri, 24 Jan 2025 06:18:35 +0000 https://londonlovesbusiness.com/?p=189317

London Councils warns that skyrocketing homelessness in the capital is “pushing boroughs to the brink”, with unsustainable pressure on local services and budgets. The cross-party group has welcomed a new…

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Chancellor’s attempt to salvage Non-Dom confidence ‘lands with a thud’ https://londonlovesbusiness.com/chancellors-attempt-to-salvage-non-dom-confidence-lands-with-a-thud/ Thu, 23 Jan 2025 15:58:43 +0000 https://londonlovesbusiness.com/?p=189300

UK Chancellor Rachel Reeves’ announcement of potential tweaks to the controversial non-dom reforms announced at Davos “has landed with a thud” among global investors and High Net Worth Individuals, says…

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VAT on private school fees will put more strain on Special Educational Needs system already at ‘crisis point’ https://londonlovesbusiness.com/vat-on-private-school-fees-will-put-more-strain-on-special-educational-needs-system-already-at-crisis-point/ Thu, 23 Jan 2025 12:57:25 +0000 https://londonlovesbusiness.com/?p=189267

The Government’s introduction of VAT on private education will put further strain on the resources of state schools and local councils and negatively impact students who need support for Special…

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Trump presidency could spark $33 billion in Chinese investment for the UK https://londonlovesbusiness.com/trump-presidency-could-spark-33-billion-in-chinese-investment-for-the-uk/ Thu, 23 Jan 2025 09:23:02 +0000 https://londonlovesbusiness.com/?p=189215

Following Donald Trump’s inauguration, Fuel Ventures, a leading UK-based venture capital firm, has shared predictions on its impact on the UK market and foreign investment, stating that the UK will benefit…

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Lightyear launches ISAs to shake up competition in the UK https://londonlovesbusiness.com/lightyear-launches-isas-to-shake-up-competition-in-the-uk/ Thu, 23 Jan 2025 08:04:13 +0000 https://londonlovesbusiness.com/?p=189224

Today, investment company Lightyear enters the UK’s ISA market with the launch of a 4.75% Cash Individual Savings Account (ISA) and a Stocks & Shares ISA. Lightyear’s launch is to…

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Pension-finding platform Raindrop reunites customers with £251 million in lost pension pots last year https://londonlovesbusiness.com/pension-finding-platform-raindrop-reunites-customers-with-251-million-in-lost-pension-pots-last-year/ Thu, 23 Jan 2025 07:11:42 +0000 https://londonlovesbusiness.com/?p=189227

Pension-finding platform, Raindrop reveals a year of strong growth with £251m recovered in lost pension pots for customers in 2024. This marks a 61% increase in the number of lost…

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European VC raised $31 billion in 2024, as European founders set high ambitions for new year https://londonlovesbusiness.com/european-vc-raised-31-billion-in-2024-as-european-founders-set-high-ambitions-for-new-year/ Thu, 23 Jan 2025 06:21:30 +0000 https://londonlovesbusiness.com/?p=189233

Venture capital funding in Europe is now 4.2x the $12.6bn raised across the entire region in 2014, and unicorn creation has climbed 10x (from 59 to 579), demonstrating how far…

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HMRC’s customer service quality declining year on year according to latest report https://londonlovesbusiness.com/hmrcs-customer-service-quality-declining-year-on-year-according-to-latest-report/ Wed, 22 Jan 2025 14:14:36 +0000 https://londonlovesbusiness.com/?p=189179

HMRC must stop ignoring negative feedback on its customer services that it has been receiving from taxpayers, advisors and the Public Accounts Committee (PAC), say leading audit, tax and business…

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Borrowing at its highest level in four years, but Reeves insists finances ‘now in order’ https://londonlovesbusiness.com/borrowing-at-its-highest-level-in-four-years-but-reeves-insists-finances-now-in-order/ Wed, 22 Jan 2025 10:59:08 +0000 https://londonlovesbusiness.com/?p=189144

The Chancellor is under more pressure as official figures shows government borrowing in December is at its highest level in four years. The Office for National Statistics (ONS) said in…

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