After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
2026 average earnings forecast to be no higher than 2008 level March 4, 2021 Average earnings in 2026 are estimated to be no higher than their 2008 level according to forecasts by the Institute of Fiscal Studies. The findings came as part of the think tank’s response to Rishi Sunak’s budget delivered on Wednesday. As part of his plans, the Chancellor froze the personal allowance on income tax implying [...]
So much for Singapore on Thames: UK corporation tax will be higher than France and Germany March 4, 2021 Yesterday, it was announced that corporation tax will rise from 19 per cent to 25 per cent by 2023 for UK companies with annual profits of £250,000 or higher. Although a new “super deduction” will see companies wipe out their tax bills by investing in property, plant and equipment for the next two years, the [...]
Clean air: City Corporation to become first UK authority to run fully electric refuse truck fleet March 4, 2021 The City of London Corporation will become the first UK governing body to run a full fleet of Electric Refuse Collection Vehicles (ERCVs) following recent successful trials of the new technology. The first of the fleet of five new environmentally friendly trucks have arrived at Guildhall today [4 March] – the City Corporation’s HQ. The vehicles [...]
Is this pendulous bull market swinging close to a knife edge? March 4, 2021 Bitcoin closed at over $50,000 last night for the first time in 10 days, marking another small step down the road in the recovery from last week’s losses.
UK PMIs: Construction activity bounces back as paused projects get green light March 4, 2021 UK construction activity bounced back in February as businesses gave the go ahead to projects that had been forced to be suspended due to the pandemic. The IHS Markit/Cips purchasing managers (PMI) index for construction scored 53.2 in February, with any score above the 50-mark indicating growth. That’s markedly ahead of analyst expectations of a score of [...]
Before the Bell: Sunak’s Budget aims to boost GDP, the pain comes later March 4, 2021 Although yesterday’s UK Budget was generally well received in the international markets, with the fiscal taps to be left fully open until December, the British Pound did rally. With the major decisions pre-announced earlier this week, a big equity market reaction to the Budget speech was unlikely anyway. In addition to the extension of Covid-19 specific support, [...]
Budget 2021: Main points in Rishi Sunak’s announcement March 4, 2021 The chancellor unveiled the contents of his Budget in the Commons this afternoon, announcing a raft of new support measures alongside plans to shore up Britain’s finances in the wake of the coronavirus pandemic. Rishi Sunak doubled down on his commitment to do “whatever it takes” to protect lives and livelihoods as he set out [...]
Budget 2021: Public support Sunak’s measures, according to YouGov poll March 3, 2021 Budget 2021: Public support Sunak's measures, according to YouGov poll
Budget 2021: Which expected policies were not announced? March 3, 2021 Rishi Sunak’s Budget was a tale of two halves, with the chancellor spending big over the next two years before implementing a series of tax rises in the years after. Many of the policies announced were already leaked days or weeks in advance, with the corporation tax rise to 25 per cent for the UK’s [...]
Balance sheets to the streets: the DiverCity Podcast dives into corporate Pride March 3, 2021 DiverCity® Podcast · The Corporatisation of PRIDE February was LGBT history month – a time to reflect and recognise those who have empowered change before us and champion the collective pride of LGBT individuals and their allies. Each year, LGBT history month provides us with time to acknowledge how far we have come since the [...]