Low tax regimes only matter as much as their longevity September 28, 2022 Ireland, of course, is an oft-cited pin up for low corporation tax. But it is an aggressive policy several decades in the making. They have been rewarded, with tech giants setting up shop there.
Starmer pledges new publicly owned energy firm as he says ‘this is a Labour moment’ September 27, 2022 Sir Keir Starmer has pledged to create a new publicly owned energy generation company if Labour wins the next election as he declares this is a “Labour moment” like 1997 and 1964. Starmer said the new company would be called Great British Energy and that it would take “advantage of the opportunities in clean British [...]
Exclusive: City insider urges retail not to make knee-jerk cuts in ad budgets September 27, 2022 Recent figures show retail is feeling the effects of the cost of living crisis. Latest figures from the Office for National Statistics show a 0.5 per cent drop in spending last month, with a 1.6 per cent decrease in food sales. As a result, many businesses are under so much pressure they have no choice but to [...]
The benefits of CBDCs, and designing a system that delivers them September 27, 2022 by Martin Hargreaves, Chief Product Officer at Quant, examines how CBDCs offer significant benefits over traditional payment mechanisms.
Exclusive: Yu Energy warns six-month business support will not be enough September 27, 2022 Market volatility will endure beyond this winter and businesses could face ultra-high energy bills well into next year, warned the boss of challenger supplier Yu Energy.
Exclusive: STV’s boss on the BBC and conquering the world as Scotland’s peaktime leader September 27, 2022 The British broadcasting sector is hit by one challenge after the next. Following the rapid rise of the likes of Netflix in recent years, the next hurdle presented itself when the pandemic struck two years ago. As a result, the advertising market is under huge pressure and many national and regional broadcasters are struggling to [...]
Sterling crash: Plenty of blame to go round but much of it falls on the Bank September 27, 2022 The British economy has been through a lot in recent years but a full-scale currency crisis still wins points for novelty. But for all the sound and fury of yesterday’s market movements and the so-called sterling crash, the panic is overdone. Much of the blame for yesterday’s excitement lies, rightly, with the government. This newspaper [...]
Mortgage lenders withdraw some products after mini-budget market turmoil September 27, 2022 By PA Banks and building societies are withdrawing some of their mortgages from sale after the Government’s mini-budget on Friday sparked massive market turmoil. Three lenders have so far withdrawn some of their products amid the uncertainty. Virgin Money said: “Given market conditions we have temporarily withdrawn Virgin Money mortgage products for new business customers. [...]
A new Tory green agenda has to be stubbornly pro-growth September 27, 2022 In 1990, Margaret Thatcher called for action on climate change, remarking that we all need to “make changes and sacrifices, so that we do not live at the expense of future generations”. The key question is whether Truss will follow in the footsteps of her idol, or take more inspiration from Thatcher’s climate sceptic Chancellor [...]
Exclusive: Entertainment and media firms hold nerve against economic instability September 27, 2022 UK entertainment and media firms are holding their nerve against a backdrop of economic turmoil, opting for digital investment over cuts. While there is short-term uncertainty in the market, confidence and growth can be seen in the long-term direction of the entertainment and media (E&M) industry, according to a new report from PwC. The big [...]