IFS: Tax hikes not enough to fix broken social care system September 7, 2021 A leading economic think tank has warned hikes to national insurance and dividend taxes announced by prime minister Boris Johnson today will not be enough to tackle chronic problems in the UK’s social care system. The Institute for Fiscal Studies warned the increase in funding for social care will fall short of reversing deep cuts [...]
PM hikes National Insurance and dividends tax by 1.25 per cent to pay for NHS and social care reform September 7, 2021 Britons will be hit with £12bn-a-year tax rises to pay for increases in NHS and social care spending, with National Insurance and dividends tax in Boris Johnson’s crosshairs. A new Health and Social Care Levy will effectively hike National Insurance Contributions for employees and employers by 1.25 per cent from April 2022, while taxes on [...]
Beerfest-Lite set to light up Guildhall Yard September 7, 2021 Cooling beers and fabulous food will be on offer later this week at Guildhall Yard as visitors take a breather from this week’s mini heatwave. The fun-packed event, called Beerfest-Lite, will take place from noon to 9pm on Thursday (September 9). Beers on offer will be supplied by Meantime, Windsor and Eaton, Hook Norton and [...]
UK active funds outsprint passive rivals amid market flux September 7, 2021 Active fund managers outperformed index trackers for nine out of the last ten months, as British investors put their faith in a human touch to navigate volatile markets and ever-popular ESG investments. UK equity funds managed by stock pickers saw inflows rise to £1.3bn in August, staving off the threat of passive trackers, who raked [...]
Mayfair revival: Mortons private members’ club sold out of administration September 7, 2021 A Mayfair club once populated by celebrities including Lindsay Lohan and Pippa Middleton has been sold out of administration with plans to reopen next year. Administrators for Berkeley Square’s Mortons Club have sold the building, fixtures and goodwill out of administration after the company ceased to trade in 2020. Graham Bushby and Nick Edwards of [...]
Science Group escalates tactics in TP Group takeover battle September 7, 2021 Science Group, which has seen multiple offers to purchase TP Group rejected, has ordered a General Meeting in a bid to replace the company’s directors. Spurned suitor Science Group has bought up 24.1 per cent of TP Group’s issued voting capital and has called a shareholder meeting to replace two of the company’s non-executive directors [...]
Brokers and investment platforms plummet on dividend tax hike September 7, 2021 Shares in investment platforms and brokers plummeted today after prime minister Boris Johnson announced a hike to dividend taxes. Broker, TP Icap, had 9.14 per cent shaved off its share price, plummeting to 179.04p from a day high of 196.60p. Investment platforms AJ Bell and Hargreaves Lansdown both suffered heavy losses, down 2.07 per cent [...]
Hong Kong Racing Tips: Chau can shine once again aboard Star September 7, 2021 TRAINER Francis Lui looks to have found an ideal opportunity for highly-progressive four-year-old SUNNY STAR to defy top-weight, in the feature race of the day, the Community Chest Cup Handicap (2.50pm) over the extended mile. The eye-catching booking of excellent 5lb claimer Jerry Chau tilts the weights in favour of this dual course and distance winner, who improved 20lbs in [...]
Hong Kong Racing Tips: Resolute to get Millard and Moreira off the mark at the Valley September 7, 2021 REIGNING champion jockey Joao Moreira made a quiet start to the current campaign at Sha Tin over the weekend, having to wait until the finale, aboard Californiadeepshot, to get on the scoresheet. It can only be a matter of time however, before Moreira starts weaving his magic wand again and sending his many thousands of adoring [...]
Hong Kong Racing Tips: Infinity has boundless potential on second start for Hayes September 7, 2021 BANK on legendary trainer David Hayes to be the headline act once again, when Happy Valley in Hong Kong hosts its seasonal start to the season, with a typical competitive and entertaining eight-race programme. Former two-time HK champion trainer Hayes earned all the plaudits on the seasonal opening at Sha Tin last Sunday with a stunning treble, [...]
