Is the Crypto Bull Market Over? March 3, 2021 Bitcoin has lost -26.3% and Ethereum -36.5% from peak-to-trough in the current correction prompting some to suggest the bull market is over.
Budget 2021: As it happened March 3, 2021 Live updates and links to all our coverage, reactions and analyses as the Chancellor of the Exchequer delivers the government’s Budget later today – at 12.30pm. Please also visit our dedicated Budget 2021 Hub. Wrap-up of the main Budget announcements Here’s a wrap-up of the main announcements made by the chancellor in his spring Budget: [...]
Budget 2021: UK tech sector ‘delighted’ with spending plans March 3, 2021 The UK’s thriving tech sector has hailed Rishi Sunak’s spending plans in the Budget today, saying the chancellor was “backing tech in a big way”. Announcing the Budget this afternoon, Sunak unveiled a raft of new measures aimed at boosting both startups and established tech firms. “This government should be applauded for committing heavily to [...]
Best of travel: The luxury yacht with more toys than Hamleys March 3, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. Today we revisit Adam Hay-Nicholls’ stay on what might be the best pound-for-pound yacht in the world. ••• Luxury journalism: It won’t make me a billionaire, but I do get to act like one on occasion. The [...]
Charm offensive: Hiscox prepares to woo customers following pandemic ‘brand damage’ March 3, 2021 Insurance giant intends to build back its reputation “one policy at a time”, after the Covid-19 pandemic and subsequent court case left the business facing “brand damage”. Earlier this year Hiscox came under fire after customers complained they were not being granted payouts on claims made on their business interruption insurance. In a landmark case [...]
Budget 2021: What to expect from Rishi Sunak’s three-point plan tomorrow afternoon March 2, 2021 Rishi Sunak has hinted that he will extend a wide range of government support schemes in tomorrow’s Budget, as he again pledged to do “whatever it takes” to restore the British economy from the impact of the coronavirus crisis. It may be only Sunak’s second Budget as chancellor, but it comes after delivering almost a [...]
Rishi Sunak’s choices: The taxes that may define this year’s Budget March 1, 2021 It is becoming increasingly clear tax hikes are firmly on the Chancellor’s agenda this week, as Rishi Sunak has hinted that he will raise some in the Budget on Wednesday. He is reportedly keen to “level” with people about the fiscal challenges to come. The Chancellor’s primary objective will continue for to be supporting the [...]
FinTech revolution was borne out of 2008 crash, Rishi Sunak must nurture a post-crisis environment for innovation March 1, 2021 It was from the devastation of the global financial crisis the FinTech revolution emerged. The pandemic will spur a new era of innovation too, and it has the potential to be bigger and even more explosive than the past decade – if we get it right. Who knew that while we all watched on as [...]
20 taxes to scrap: Britain’s growth needs a simpler tax system March 1, 2021 This week, Chancellor Rishi Sunak will present possibly the most consequential Budget in half a century. UK PLC is simultaneously struggling to cope with both the ongoing catastrophic impact of the Covid pandemic and the unanswered questions of what post-Brexit Britain will look like. According to the OBR, this year’s expected budget deficit will likely [...]
Rishi Sunak should axe 20 UK taxes in Budget, says think tank March 1, 2021 The UK should axe inheritance tax, stamp duty, the TV licence fee and 18 other taxes to simplify the UK’s taxation regime post-Covid, according to a free market think tank. The Institute for Economic Affairs’ (IEA) pre-Budget release has called for Rishi Sunak to “simplify the tax system, reduce the overall burden of taxation, and [...]