Budget 2016: Chancellor George Osborne missed a trick and his Budget will be disappointing to the housing market March 16, 2016 George Osborne delivered a thoroughly disappointing Budget for the housing market today with scant reference to initiatives to assist the supply of new build properties. In previous speeches too, the chancellor has waxed lyrical about purchase initiatives such as help to buy (1 and 2) and help to buy ISAs etc however, today, nothing was laid [...]
Budget 2016: A tax on house purchase is a tax on house building too – which will not help the UK’s housing crisis March 16, 2016 A tax on house purchase is a tax on house building too and could perversely worsen the housing crisis in the long term. Raising taxes is a tried and tested way to discourage activity that the government thinks is bad for us and right now it seems the target is buy to let. Unfortunately the [...]
What George Osborne’s Budget means for you: Five case studies including an entrepreneur, an apprentice and a chief exec March 16, 2016 Accountants from BDO ran the numbers for City A.M. to see the effect George Osborne's 2016 Budget will have on people with a variety of different incomes, living situations and responsibilities. THE BUSINESS WOMAN Catherine Gannon, chief executive at Gannons Commercial Law Gannons Commercial Law continues to perform well as profits and earnings increase on last year. [...]
City Moves for 16 March 2016 | Who’s switching jobs March 16, 2016 Weetabix Gavin Loftus has joined Weetabix Food Company to take up the new position of head of brand of Weetabix On The Go. Gavin joins from Jordans and Ryvita, where he held the position of cereals marketing controller. Before joining Jordans and Ryvita, Gavin was at Reckitt Benckiser, Diageo and Nestle Waters, giving him more than [...]
Budget 2016: Deficit poses a threat to Chancellor George Osborne’s ambitions March 16, 2016 "Education, education, education,” preached former Prime Minister Tony Blair, nearly two decades ago. The same sentiment, if not the same soundbite, will be borrowed today by a man who very much hopes to become a future inhabitant of Number 10. Alongside the usual fiscal tinkering, George Osborne will use the Budget to stress the importance [...]
More needs to be done for mums to go to Iceland March 16, 2016 As the challenger discount supermarkets continue to expand their market share, more established rivals are reacting in differing ways in their attempts to recoup lost ground. Iceland, known for its inexpensive frozen produce, has been trying to reposition itself. By improving the quality of its offering, it is aiming to broaden its appeal in the [...]
US Presidential Election: Marco Rubio suspends campaign as Hillary Clinton and Donald Trump hope for big wins in Florida, Illinois, Missouri, North Carolina and Ohio March 16, 2016 In a big night for the US Presidential campaign, Florida has been called for Donald Trump,with 45 per cent, while Hillary Clinton led the Democratic race with 65 per cent. Clinton's nearest rival Bernie Sanders has 32 per cent, while Marco Rubio trailed Trump with 28 per cent. Trump's win proved a fatal blow to Rubio's campaign. [...]
President Obama rejects plans for offshore oil drilling on Atlantic coast of the US March 15, 2016 The US government has decided to abandon plans to allow new offshore oil drilling on the south east coast of the US, citing local opposition, current market dynamics, and conflicts with competing commercial and military ocean uses. The US Interior Department said in a statement today that it had "heard from many corners that now [...]
Chipotle share price loses its spice as company reports dip in sales due to food-safety issues March 15, 2016 Shares in Chipotle Mexican Grill have fallen by over three per cent in after hours trading, after the company revealed a 26.1 per cent decline in sales at established restaurants in February. The group, which owns hundreds of restaurants throughout the US, and also several locations in the UK, said it expects to report a loss [...]
US marijuana industry could be worth $44bn by 2020 if legalisation and business trends continue March 15, 2016 The US marijuana industry could be adding as much as $44bn (£35bn) to the country's economy by 2020, according to a new study from Marijuana Business Daily. Figures in the 2016 Marijuana Business Factbook show that the cannabis industry's value could more than triple from 2016 projections of $14-$17bn, if current business and legalisation trends [...]
