Recessionary threads begin to weave through present economic landscape March 29, 2022 This week, Bank of England governor Andrew Bailey warned this year’s energy shock will be bigger than any seen during the 1970s. The ripple effects on consumers from soaring energy bills has sparked a wave of economists to slash this year’s growth forecasts on concerns spending will be knocked by a steep fall in living [...]
Women and money making: What’s your business model? March 29, 2022 What do women around the world think is the most important component to their personal business model? Last year, I interviewed 53 accomplished women for my research paper “Smart Women: How Do They Make Money?” released on 8 March 2022. In celebration of International Women’s Day 2022, I thought I’d share some examples of how women [...]
Colourful, hip Copenhagen is a city that’s always changing March 28, 2022 THE WEEKEND: The original Scandi city break, Copenhagen is straight out of a fairy-tale. Royal palaces, looming church spires, cobbled streets and higgledy-piggledy rainbow-bright houses punctuate the serene canals. Yet there’s nothing old-fashioned about the Danish capital, which is always changing. This hip, seafront city is as contemporary as they come, with futuristic architecture, a [...]
As tourism returns, we say: ‘Good morning Vietnam!’ March 28, 2022 Like much of the world, Vietnam was on its knees these last few years. Around 18 million foreign tourists visited in 2019 compared to a paltry 3,500 in 2021. But now visitors are flocking back. What’s more, there’s never been a better time to go: some high-end resorts are offering 25 per cent discounts on [...]
Soaring energy bills to drag on UK economy, new forecasts reveal March 28, 2022 Swelling energy bills are set to drag on the UK economy this year by sending a chill through household spending, reveals new research published today. Household energy bills will almost double in October even after rebates are handed out, according to new forecasts published by the EY Item Club today. The downbeat assessment adds to [...]
All eyes on Fujitsu as Post Office Horizon scandal leaves taxpayer with hefty compensation bill March 27, 2022 Pressure continues to mount on the Japanese IT giant Fujitsu to pay its share of compensation amid the ongoing Post Office public inquiry.
Rapper Kano is the mastermind behind The Duppy Share’s new rum March 26, 2022 Last week the latest season of the gritty London crime drama Top Boy dropped on Netflix, and as you settle in to binge the series, its star – actor and MOBO-winning grime pioneer Kano – has you covered for drinks. He’s the driving force behind the flavourful Duppy White Jamaican rum, part of The Duppy [...]
Letters: A return to the City streets March 25, 2022 [Re: £5bn investment turnover for central London office market since start of 2022] Post-Omicron optimism has helped refuel confidence in London’s office market to the tune of £5bn since the turn of the year – and rightly so. Investors have correctly identified the underlying fundamentals of the City. The offices that will continue to attract [...]
The City View: More Spring Statement analysis, and The Macallan’s Master Whisky Maker distills her craft March 24, 2022 Today Andy Silvester chats to Economics and Markets reporter Jack Barnett — they look back on yesterday’s Spring Statement; go through dire IFS figures; and discuss lack of growth in the UK economy. Andy also takes us through the business news: P&O are in even more hot water; and the CEO of convenience store operator [...]
Sunak’s decision to hike national insurance while cutting income tax is ‘indefensible’ March 24, 2022 Top economic forecasters today slammed Chancellor Rishi Sunak’s decision to push ahead with the national insurance tax hike while cutting the basic rate of income tax as “indefensible”. All of the windfall households will receive from lower income tax bills will be offset by fiscal drag and a 1.25 percentage point national insurance uplift and [...]