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      From pensions to healthcare: UK state spending on old age surges

      OBR chiefs told the Treasury Select Committee that a higher tax burden could stifle growth.

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By: Harry Banks

All 5 Articles
  • Brussels told to extend EU firms’ access to City’s derivative market

    Clearing

    A host of influential European banking groups have called for continued access to London’s lucrative derivatives market – weakening Brussels’ hand in negotiations over post-Brexit financial services. The European Union has so far only allowed temporary access to London for companies housed within the bloc, but over the weekend a letter emerged from groups including [...]

    Official figures confirmed today that the bloc stagnated in the final three months of last year, which was an improvement on the 0.1 per cent contraction expected by economists.
  • Kylie-backed music outfit launches new smart TV app in bid to capitalise on post-lockdown habits

    Kylie-backed music outfit launches new smart TV app

    A BRITISH music streaming firm backed by Kylie Minogue and Robbie Williams is attempting to capitalise on the rise in home-based entertainment with a new TV app. ROXi, which the firm’s boss describes as ‘Netflix for music,’ is hoping to capitalise on a deal with a host of international record labels to bring music streaming [...]

    Global Citizen Live - London
  • HS2 blamed for shortage in construction industry’s key concrete supplies

    HS2 blamed for shortage in construction industry's key concrete supplies

    Builders have blamed HS2 for hoovering up key construction supplies before ordinary customers can get to them, resulting in industry-wide concrete shortages and rising prices. The UK’s flagship rail project is exacerbating global supply chain issues caused by a HGV driver shortage and international shipping delays, construction firms have warned. As a results, builders working [...]

    Construction work on controversial rail project HS2 has been given the green light to begin despite the current coronavirus lockdown restrictions.
  • Klarna launches ‘pay now’ feature for UK shoppers

    October 18, 2021

    Buy now pay later (BNPL) fintech Klarna has branched out from its main service and launched a “pay now” immediate payment service in the UK. From today onwards, British online shoppers will be able to choose to pay immediately and in full using Klarna, with the same payment experience as if they were to choose [...]

  • End of an era: Unilever trading in Amsterdam for the last time today

    November 27, 2020

    Unilever’s Dutch shares will trade in Amsterdam for the last time today, before a unification of the group’s dual-headed structure that aims to put the consumer goods maker on a better footing to cope with an uncertain future. The merger over the weekend of Unilever’s Dutch and British corporate arms into one legal entity based [...]

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