The Debate: Should we install The Sphere? November 22, 2023 City A.M.’s new weekly feature takes the fiercest water-cooler debates and pits two candidates head to head before delivering The Judge’s ultimate verdict.
Sunak is right, Labour spending plans are stuck in a bind without tax hikes November 22, 2023 The ghost of Liz Truss risks haunting both parties at the next election. For the Tories, the damage her short-lived premiership did to their economic credibility is obvious. The threat to Labour is, admittedly, less intuitive. On Monday, Rishi Sunak argued that Truss and Rachel Reeves were two sides of the same fiscally irresponsible coin. [...]
How well we spend our money is just as crucial as how big our ‘fiscal headroom’ is November 22, 2023 Later today, the Chancellor will stand at the dispatch box to deliver his autumn statement – likely the penultimate fiscal statement before a general election, making the stakes particularly high. As ever, attention will be on what Hunt does with the £20bn of ‘headroom’, and any rabbits he may pull from his famous red box. [...]
Everyone hates inheritance tax. But what are the best arguments against it? November 21, 2023 Nothing boils the blood of Britons like inheritance tax, often dubbed the “most hated tax”. The paradox is that only four per cent of deceased people are actually affected ( more will be impacted by the death of someone).
Business budget: Hunt vows to cut taxes and boost investment by £20bn a year by 2030 November 21, 2023 Jeremy Hunt has vowed to boost business investment by £20bn a year by 2030 ahead of the Autumn Statement.
Former Binance CEO Changpeng ‘CZ’ Zhao: “I made mistakes” November 21, 2023 Binance's former CEO Changpeng 'CZ' Zhao has admitted to making mistakes as he steps down from his role as CEO.
Kraken charged by SEC November 21, 2023 Cryptocurrency exchange Kraken has been charged by the US Securities and Exchange Commission.
Changpeng ‘CZ’ Zhao to plead guilty in money laundering case before quitting Binance with $4.3 BILLION fine November 21, 2023 Binance CEO Changpeng 'CZ' Zhao will sensationally quit his role after agreeing a $4.3 billion deal with the US Department of Justice.
Green light for £500m Bishopsgate tower and Victorian bath house restoration November 21, 2023 The green light has been given to erect a new 23 storey tower in Bishopsgate, alongside the restoration of a historic Victorian Bath House, in the latest boost for the City’s skyline. As part of the development, which is being spearheaded by Landsec, the building at 55-56 Old Broad Street will be refurbished to create [...]
NHS: US tech giant Palantir handed £330M data contract amid safety concerns November 21, 2023 Companies, led by Palantir Technologies UK, will provide a new shared software system known as the NHS Federated Data Platform