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  • Budget 2021: Rishi Sunak to unveil £400m boost for culture and arts

    March 2, 2021

    Chancellor Rishi Sunak will this week provide additional support for Britain’s ailing arts and culture sector as businesses prepare for reopenings in the coming months. In his Budget tomorrow, the chancellor will pledge £408m for museums, theatres and galleries to help them survive until the end of lockdown. Under the government’s plan for lifting coronavirus [...]

  • Boohoo unaware of potential US import ban over slave labour links

    March 2, 2021

    Boohoo today said it had not been contacted by US customs authorities, following reports that America could block the fast fashion retailer’s imports over modern slavery allegations. The e-commerce giant said it had not “received any correspondence from, nor is it aware of any investigation by, US Customs and Border Protection”. It said it “will [...]

  • May the forest be with you! Putting a price on nature

    March 2, 2021

    Natural resources are often seen as free inputs that any company may use to produce an output. The exploitation cost alone is how firms assess a natural asset’s monetary value. In this way, natural resources tend to be seen as infinite: there is no clear sense of how overexploitation can destroy surrounding ecosystems. Today, many [...]

  • 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 [...]

  • London must be a launchpad for Britain’s global Fintech success

    March 1, 2021

    The continuing impact of technology and the unprecedented changes it has had on our lives has only been accelerated by the Covid-19 pandemic. Over the past year, technology has been critical to our lifestyles. It has kept us connected with family and friends, enabled us to work from home, and to carry out those once [...]

  • Budget 2021: Sadiq Khan calls for funding guarantees for new police officers

    March 1, 2021

    Sadiq Khan has called for Wednesday’s Budget to include specific support for London’s boroughs and a guarantee the capital will see funding for 6,000 new police officers. The mayor of London also asked the chancellor in a letter seen by City A.M. to extend a range of Covid support schemes – including the furlough scheme, [...]

  • Citi report says Bitcoin could be the future of finance

    March 1, 2021

    Investment bank Citi has suggested Bitcoin could become the currency of choice for international trade if it overcomes its "tipping point".

  • Corporations buy Bitcoin’s dip, JPMorgan says investors can allocate 1% of portfolios to BTC

    March 1, 2021

    Corporations move to buy the dip as JPMorgan says investors can allocate 1% of portfolios to Bitcoin.

  • Want to boost UK exports? Help ignored service providers

    March 1, 2021

    As the UK economy seeks to recover from the twin disruptions of the COVID-19 pandemic and a new trading relationship with Europe – making sure that we have a robust return of UK trade flows will be a crucial element of this. There are easy wins that the Government and Department for International Trade can secure. Ensuring [...]

  • The Week Ahead: March kicks off with the Budget, Aviva, Zoom and Vroom

    March 1, 2021

    March has arrived and City A.M. looks at what the first week of this month has in store. First of all, of course, there is the Budget this Wednesday. It’s the most important week of the year for Chancellor Rishi Sunak as he outlines the outlook for the UK economy over the next few months. He [...]

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