Fans will grow weary if player burnout continues in sport October 21, 2024 With demands on players like nothing seen previously, is potential player burnout also going to have an impact on fans too? It’s a surprising thing that during a cost-of-living crisis, with households struggling and economies straining, I find myself sympathising with Rodrigo Hernández Cascante. The £200,000-a-week Manchester City midfielder, better known as Rodri, last month [...]
A Budget for tax simplification would make Britain a better place for business October 21, 2024 There’s more to competitiveness than headline rates, Rachel Reeves should use the Autumn Budget to make taxes simpler and rules easier to comply with, says Colin Graham Chancellor Rachel Reeves has been clear that the current state of government finances will only improve with economic growth. For this to work, there will need to be [...]
Rachel Reeves could borrow £80bn over next five years, lenders say October 20, 2024 Rachel Reeves could borrow an extra £80bn to fund the government's ambitious spending plans for infrastructure and green energy, according to lenders.
Government should consider Post Office mutualisation, ex-minister says October 20, 2024 The government should consider plans to turn the Post Office into a John Lewis-style mutual, a former business minister has said, amid reports Whitehall is looking at the viability. Conservative shadow business secretary Kevin Hollinrake has said he would support a proposal to transform the Post Office’s business structure into a mutual in which customers [...]
UK needs ‘more diplomacy’ with China, says Lammy October 19, 2024 The UK approach to China needs “more diplomacy, not less”, the Foreign Secretary has said on his first official visit to the country. David Lammy said the Government would bring “consistency” to relations with China, adding there had not been “sufficient contact” between London and Beijing under his predecessors, particularly on human rights issues. His [...]
Why do economists think public investment is good for growth? October 19, 2024 As the Budget approaches it seems clear that the government is preparing to ramp up public investment.
Inflation, interest rates and tax: What happened in the economy this week? October 18, 2024 The health of the UK economy is attracting more and more attention as the Budget draws nearer, and there was plenty for commentators to digest this week. Here’s a brief recap: What to make of this week’s news? First, the danger of inflationary persistence seems to be diminishing, with noticeable progress on both wage growth [...]
Netflix: Password-sharing crackdown helps streaming giant ‘under-promise and over-deliver’ October 18, 2024 Netflix’s password sharing crackdown seemed to have minimal effec, as beat third-quarter earnings predictions, consolidating its position as the streaming market leader. The firm reported revenue growth of 15 per cent year-on-year to £7.5bn, with a net income of £1.7bn and earnings per share of £3.88, all surpassing analyst predictions. Operating margins also improved to [...]
Future shares drop after boss announces exit October 18, 2024 Future shares dropped as much as 10 per cent in early deals this morning after the company announced that its boss would be leaving the business after only a year and a half at the helm. The publisher, which owns titles including Country Life, Marie Claire and T3, said chief executive John Steinberg would step down [...]
Boohoo shares drop as firm mulls break up and boss heads for the exit October 18, 2024 Boohoo has revealed that its CEO is stepping down after five years, kick-starting a search for the fast fashion's next chief executive