Central London Alliance calls for government to cut VAT for hospitality, tourism and leisure January 23, 2024 | City Talk Central London Alliance (CLA) calls on the Government to address the UK’s lack of competitiveness on the global tourism market, beginning with a cut to VAT for the hospitality, tourism and leisure industries. Figures from the Office of National Statistics (ONS) show that visits to the UK increased 112 per cent year-on-year, generating £30 billion [...]
Will lower inflation deliver the windfall the Chancellor Hunt is hoping for? January 23, 2024 But hang on. It was not that long ago that borrowing was coming in lower than expected because inflation was higher.
Falling inflation helps government borrow much less than expected in boost for tax cut hopes January 23, 2024 The latest round of figures come as the government lines up its latest round of tax cuts, which are likely to be announced in the Spring Budget.
The Notebook: The future of work, from bees to smart offices January 23, 2024 Where the City’s movers and shakers have their say. Today, Dan Drogman, CEO and co-founder of Smart Spaces with the Notebook pen. The new tech-driven transformation of London’s work spaces Working in the City of London has changed hugely in the last five years – with one of the big post-pandemic changes being the rise [...]
We mustn’t become bored of the stock exchange’s problems January 23, 2024 One of the perils of daily news is that you can occasionally find yourself repeating the same thing. Another day, another seemingly well-performing UK company bemoaning the state of the stock market for its limited liquidity and the level at which it is trading, particularly compared to peers abroad. Today it’s Benchmark Holdings; last week, [...]
FTSE 100 today: London markets poised to follow global uptrend January 23, 2024 Asian stocks mirror Wall Street's rally; Nikkei surges on BOJ's dovish tone, while China lags behind. All eyes on Netflix, Johnson & Johnson, and Procter & Gamble earnings, shaping a day of market anticipation.
Market spotlight on today’s earnings: Netflix, Johnson & Johnson, and Procter & Gamble take center stage January 23, 2024 Investors are eagerly awaiting earnings reports, particularly from Netflix, and expectations are generally positive.
Why Rolls-Royce has bucked London Stock Exchange trend after value more than trebles January 22, 2024 Rolls-Royce's valued more than trebled in 2023 and its shares have now recovered to their pre-pandemic level. But how has the iconic brand achieved this success and what could its future hold?
Moving markets today: What’s shaping the FTSE 100 this morning January 22, 2024 Japan's Nikkei hits a 34-year high, while China keeps lending rates steady. Earnings and central bank policy decisions are set to drive global stocks this week.
China keeps loan rates steady despite sluggish economy; economists expect reserve ratio cut January 22, 2024 The People's Bank of China (PBoC) kept its loan prime rates unchanged on Monday, despite concerns about a potential downturn in the property sector, a slowing economy, and subdued investor sentiment.