Will the world’s super wealthy still buy in London? November 7, 2024 The abolition of non-dom status and stamp duty on second homes may sound like bad news for super-prime property, but the reality is more nuanced, says Trevor Kearney The delivery of Rachel Reeves’ first Budget marks a significant shift in the UK’s fiscal landscape, especially for London’s super-prime property market. While headlines focus on the [...]
McIlroy: Smartest man Elon Musk can solve golf merger question November 6, 2024 Rory McIlroy believes “smartest man in the world” Elon Musk and US President elect Donald Trump can help solve the impasse plaguing global golf. The PGA Tour, DP World Tour and Saudi-backed LIV Golf have been negotiating a deal that could unite the major factions of the sport under one banner but those talks, which [...]
It turns out Kamala never stood a chance November 6, 2024 In the end, the race for the White House was not determined by the Democrats’ celebrity endorsements, a backlash by the Puerto Rican community, Kamala’s Gen Z army, her party’s superior ground game, her running mate’s folksy charm, Donald Trump’s vulgarity or his criminal record. These may be the issues that have dominated US network [...]
Goldman Sachs cuts UK growth forecast following Trump’s election victory November 6, 2024 The investment bank warned that Trump's proposed tariffs would have a noticeable impact on economic growth in European economies next year.
Trump’s back and the world must learn to deal with him November 6, 2024 Having won a decisive victory, Donald Trump is very unlikely to change tack when it comes to complex geopolitical issues. World leaders should show some humility and instead of criticising his views, try to find their own opportunities within them, says Michael Martins One of my strongest memories from my nearly six years working at [...]
Trump and Tesla shares soar as Republicans secure victory November 6, 2024 Shares in Trump Media & Technology Group and Tesla soared in early trading on Wednesday as investors rallied behind stocks associated with newly elected US President Donald Trump and one of his key backers, Elon Musk. Trump Media & Technology Group (TMTG), owner of the Truth Social platform, spiked as much as 35 per cent [...]
US election: Badenoch calls on Starmer to reopen US-UK trade talks November 6, 2024 Conservative leader Kemi Badenoch has urged Keir Starmer to reopen trade talks with the US, after Donald Trump swept to victory over Democrat rival Kamala Harris.
Despite Trump’s tariffs, free trade is still the future November 6, 2024 Trump will claim that tariffs can stop China ripping off Americans and bring jobs back home, but in reality they will only make his country poorer, says Harrison Griffiths Well, he’s done it again. Donald Trump is set to return to the White House after pulling off a now-characteristic upset in last night’s presidential election. [...]
UK economy at risk of higher inflation and slower growth due to Trump tariffs November 6, 2024 During the election campaign, Trump threatened to increase tariffs on foreign imports by between 10-20 per cent while also placing 60 per cent tariffs on Chinese goods.