Governments expected to come down hard on tax enforcement in coming years February 23, 2021 Business leaders have predicted greater tax enforcement in the next three years, as governments look to balance their books following pandemic pressures. More than half (53%) of business leaders in tax expected greater tax enforcement in the near future, according to research carried out by EY. They anticipated a far more diverse tax risk environment [...]
FTSE insurer Aviva confirms sale of French unit for €3.2bn to Aema Groupe February 23, 2021 Aviva confirms sale of French unit for €3.2bn to Aema Groupe
A trade deal with Australia would give the UK the green light to join the CPTPP February 23, 2021 There was a time in British politics last year when the term ‘Australia-style’ was deeply fashionable. As Prime Minister Boris Johnson sought to navigate the UK’s departure from the European Union and secure a Brexit deal, the prospect of trading with the EU on WTO terms – akin to that of Australia’s trading relationship with [...]
Texas blackouts: how a state celebrated for independence went into deep freeze February 23, 2021 Temperatures plunged to below freezing plate on Valentine’s Day in Texas, and much of the state was soon covered with four to six inches of powdery snow that many Texans had never seen before. The snow looked so out of place in my parents’ garden just south of Austin, piled on the cacti and agave. [...]
Best of travel: Cowgirl fantasies in the Palm Springs desert February 23, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. Today we revisit Laura Millar’s jaunt to the kitsch Californian town of Palm Springs. ••• The wooden sign swinging in the breeze proclaims I’m at Smoketree Stables, just a short drive south of Palm Springs. Beyond the [...]
UK-Japan trade deal settled post-Brexit nerves, says Honda February 23, 2021 The UK’s trade deal with Japan helped lead to a smoother Brexit transition for Honda this year and ensured greater confidence, according to one of the carmakers’ European bosses. Ian Howell, senior vice president at Honda Motor Europe, told MPs today that the trade deal “settled a lot of nerves” among Japanese companies. Honda’s manufacturing [...]
City A.M. TV: Daily Market Snapshot (video) February 23, 2021 Following false breakouts in markets last week, downside momentum continued to build yesterday.
Retail, wholesale and motor trade employment falls at sharpest rate in 35 years February 23, 2021 Employment levels across the retail, wholesale and motor trades fell at a record pace in the year to February as the coronavirus pandemic continued to wreak havoc on the economy. The latest research showed that job losses in the distributive sector spiked last month, with employment levels falling at the steepest rate since records began [...]
US tech sell-off continues as markets tumble for a second day February 23, 2021 Markets in the United States tumbled today, as a tech stocks in the US were hammered by a sell-off. The Dow Jones Industrial Average fell 0.06 per cent at the open, the S&P 500 fell 0.5 per cent and the Nasdaq Composite took the biggest hit, dropping two per cent. Large companies like Apple, Amazon [...]
What is the Global Travel Taskforce and what can we expect from its report? February 23, 2021 Possibly the most widely cheered of the announcements in yesterday’s roadmap out of lockdown was the suggestion that international travel could begin again on 17 May. Although Boris Johnson cautioned that this would be subject to a number of conditions, airlines, travel firms, and holidaymakers alike rejoiced at the prospect of a full summer holiday [...]
