Andrew Bailey said that the economic outlook is the worst of all times, and Britain is struggling to increase low levels in growth. The Bank of England Governor expressed concern
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The CEO of the largest bank in the world compared the $9 trillion of cash released during the pandemic with heroin. He also suggested that the US Economy was addicted
Germany will suspend its constitutional cap on new borrowings for the fourth consecutive year as it rushes in order to deal with fallout following a ruling from the country’s highest
Chancellor Jeremy Hunt cut personal and business taxes by £20bn as part of his Autumn Statement aimed to boost growth. However, the UK’s Budget Watchdog warned that taxes in general
The European Central Bank warned that bank losses in the Eurozone will continue to rise as high rates of interest hit households, businesses and companies. ECB Vice-President Luis de Guindos stated
Guy Hands is one of Britain’s most well-known investors. He has admitted that he regrets leaving the UK and becoming a tax exile. However, he warns others to not follow
According to economists, Brexit has increased wage growth for UK as predicted by the Leave campaign. Senior City analysts stated that the near-record wage growth was partially driven by a crackdown against
Jeremy Hunt said on Sunday that he would put Britain “on a pathway to a lower tax economy” during this week’s autumn statement, which has fueled expectations among Conservative MPs.
Insiders in the government have confirmed that the Cyprus Police force is investigating an oligarch’s attempt to transfer a £1bn share of a public company, on a day when he was
The scale of the interest rate hikes has not yet been fully felt, so optimism may be short lived. The British economy seems to have escaped a bullet. is not
JP Morgan says that Jeremy Hunt can cut taxes by up to £10bn in the Autumn Statement next week, as the outlook of the economy improves while inflation slows down.
At the COP28 summit, the US will be leading a push to triple installed nuclear power capacities globally by 2050. This is a significant turn-around for this controversial technology in
Hedge funds have profited from a series well-timed bets on wind energy stocks. Some are betting that the sector will continue to suffer. Marshall Wace, Qube Research & Technologies and
