After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Why has levelling up failed? November 17, 2023 Levelling up has become a semi-religious mantra to which Labour has joined in the ubiquitous chanting. Yet the scheme has been mired in criticism – its selection process was condemned as “corrupt” and local authorities are struggling to spend their lot.
Even high-earners feeling the pinch: Over a quarter on £100K pay cheque to pay cheque November 17, 2023 Around one in four people earning a six-figure salary say they are living pay cheque to pay cheque, according to a survey. Some 26 per cent of people surveyed across the UK with an annual income of £100,000-plus said they had no money left at the end of the month, wealth manager RBC Brewin Dolphin [...]
Inheritance tax reportedly could be slashed by Sunak and Hunt at Autumn Statement November 16, 2023 Plans to slash inheritance tax at the Autumn Statement are reportedly being drawn up by No10 and the Treasury.
Worst corporate jargon of the week: Fireside chat November 16, 2023 Offender: Fireside chat What does it mean? Largely unclear but denotes some kind of informal chat. There is no fire involved. The term originated with President Roosevelt, who gave a series of evening radio addresses between 1933 and 1944 designed to provide assurance and familiarity to Americans during the fallout from the Great Depression. Its [...]
Burberry shares plunge as it blames tourist tax for luxury slowdown November 16, 2023 Burberry hit out at the government's decision to scrap the tourist tax and revealed a six per cent loss year-on-year in profit.
Let’s be honest, inflation is down and the Bank of England could create a recession November 16, 2023 The Bank of England is now at risk of overcorrecting after ignoring monetary policy for far too long, writes Matthew Lesh
From Rwanda to inflation, Sunak has tied himself to pledges he can’t control November 16, 2023 Cutting both immigration and inflation are two of Sunak’s cornerstone pledges, but the PM is struggling to wrest the former under control even as he amps up the rhetoric, writes Simon Neville
It would be senseless to delay a tax supported by greenies and the steel industry November 16, 2023 Implausible though it sounds, businesses in Britain are clamouring for a new tax this Autumn Statement. Even more unlikely, both heavy industry and environmentalists are aligned in wanting it. That’s right, the unsexily-titled carbon border adjustment mechanism (which parades around the punchy acronym CBAM) has managed a feat few thought possible: the union of greenies [...]
Rishi Sunak says he ‘won’t allow’ foreign courts to block Rwanda flights November 15, 2023 Rishi Sunak has said he “will not allow a foreign court to block” deportation flights to Rwanda as he vowed to bring emergency legislation to Parliament.
‘Election bot takeover’: Could you tell a real Rishi from a fake? November 15, 2023 The UK agency said the next UK general election in 2024 is at risk of being swayed by the ominous presence of deepfakes.