After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
‘Largest business tax cut in modern British history’: Hunt makes full expensing permanent November 22, 2023 Jeremy Hunt has confirmed British firms are set to benefit from “the largest business tax cut in modern British history” as he announced full expensing would be made permanent.
Autumn Statement: Five things to look out for, from rabbits and taxes to pubs and cuts November 22, 2023 Chancellor Jeremy Hunt will today unveil the Autumn Statement. City A.M. has broken down our top five things to watch out for.
The massive cost of decommissioning the UK’s oil and gas fields November 22, 2023 Decommissioning costs for the North Sea oil and gas fields could overtake UK capital expenditure within the next 16 years, according to a new report from the sector’s largest trade group. Offshore Energies UK’s (OEUK) 2023 Decommissioning Insight Report, published today, estimates that the process will account for one quarter of the UK’s total oil [...]
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. [...]
Sluggish global growth cannot be an excuse for Britain ignoring opportunities November 22, 2023 An industrial strategy will not go amiss, but we must look at far more to fix Britain's growth problem, writes Paul Ormerod
Westfield exec makes fresh calls to scrap tourist tax ahead of Autumn Statement November 21, 2023 The chief operating officer of Westfield Group, has said reinstating the tourist tax would have a “ripple effect” on London’s economy.
Hunt should ‘urgently’ announce UK response to US green deal, investors warn November 21, 2023 Chancellor Jeremy Hunt should “urgently” announce the UK’s response to the US green subsidy package to support business confidence, investors have warned.
UK borrows more than expected ahead of Autumn Statement as tax cuts mooted November 21, 2023 The government borrowed more than expected in October, providing a “timely reminder” about the state of the UK’s fiscal position ahead of the Autumn Statement. According to figures from the Office for National Statistics, the government borrowed £14.9bn in October, £1.2bn more than had been pencilled in by the Office for Budget Responsibility (OBR). This [...]
Scrap ‘punitive’ stamp duty and shake-up ISAs: What the City wants from the autumn statement November 21, 2023 The City’s eyes will be trained on the Chancellor on Wednesday as he prepares to lay out the government’s spending plans in the autumn statement.
UK and South Korea to sign new agreement during state visit November 21, 2023 The UK and South Korea are set to sign a new long-term agreement covering defence and technology co-operation as President Yoon Suk Yeol arrives for a three-day state visit.