UK turning away from EU ‘socialism’ would spur Trump on trade deal – adviser November 16, 2024 Donald Trump would be more willing to clinch a free trade agreement with the UK if it turns away from the EU’s “socialism” and towards a US model, a senior economic advisor to the president-elect has said. Stephen Moore, who is advising Trump as he prepares for office, said the UK “has to choose” between [...]
Former MP describes ‘enormous guilt’ over Westminster honeypot scandal November 16, 2024 Former MP William Wragg has described the feeling of “enormous guilt” that washed over him as he realised he had fallen victim to a sophisticated scam designed to target politicians in Westminster. A police probe began in April earlier this year after it was suggested at least 12 men with links to Westminster had received [...]
Reeves ‘not satisfied’ as economic growth slows in third quarter November 16, 2024 Rachel Reeves has said she is “not satisfied” after official figures showed economic growth slowed in the months after Labour won the election, and even contracted in September. The UK economy grew by 0.1 per cent between July and September, versus 0.5 per cent growth in the previous quarter, the Office for National Statistics (ONS) [...]
Retailers reassess how to reel in cash-strapped Brits for Black Friday November 16, 2024 As Brits’ loyalty to brands continues to erode and their commitment to seeking value continues to rise, retailers are optimising their digital presence in hopes of a bumper festive season. With online spending reaching ever-higher levels, and brand loyalty going down thanks to the increasing ease of switching between products on the internet, it’s become [...]
Budget tax hike could destroy 100,000 jobs, Deutsche Bank estimates November 15, 2024 The hike to employers' national insurance in last month's Budget could end up costing the economy over 100,000 jobs, according to research from Deutsche Bank.
Is Brexit back on the agenda after Mansion House? November 15, 2024 Reeves said that the economy faced "structural challenges" as a result of Brexit, which simply added to an already long list of obstacles to economic growth.
Brahms could be Miles better than the rest at Sha Tin November 15, 2024 WITH Tropical Cyclone Toraji having finally passed over Hong Kong – which caused the abandonment of the last three races at Happy Valley in midweek – the weather is set to be fair for the weekend with just a few showers on the horizon, suggesting the track should ride in perfect condition. The BOCHK Boc [...]
Ka Ying can Rise to the occasion once again November 15, 2024 IT IS D-Day for many of Hong Kong’s finest gallopers on Sunday when Sha Tin hosts an 11-race programme, including three informative Group Two races sponsored by BOCHK Private Banking. They are the Jockey Club Sprint (7.30am) over six furlongs, Jockey Club Mile (8.05am), and Jockey Cub Cup (8.40am), over 10 furlongs. These three contests [...]
Meet the Trinidad-born entrepreneur shaking up a UK rum renaissance November 15, 2024 How this entrepreneur plans to introduce authentic Caribbean culture to the UK premium drinks market.
Has London’s commercial property market finally recovered from the pandemic? November 15, 2024 High-quality office space in London has “continued and sustained appeal” in London, with property take-up finally exceeding pre-pandemic levels, while retail vacancy rates have similarly dipped to their lowest level since 2019. Cushman & Wakefield and Savills have both reported that the central London property market has begun to stabilise, while British property investment trust [...]
