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Economics

  • Google launches $2m fund to help bridge funding gap for Black tech founders

    March 2, 2021

    Google For Start Ups launches fund to tackle lack of black talent in tech

  • Budget 2021: Philip Hammond tells Boris Johnson to ditch big infrastructure projects

    March 2, 2021

    Former chancellor Lord Philip Hammond has told Boris Johnson to ditch his plans for big infrastructure projects in the North, with the UK facing its largest ever Budget deficit. Hammond said today that a better way to enact Johnson’s “levelling up” agenda was for more devolution to regions, while also calling for tax rises and [...]

  • G20 nations including UK agree to raise IMF funds

    March 2, 2021

    The G20 agrees to inflate IMF funds as a gesture to poorer countries to help them recover from pandemic.

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

    March 2, 2021  |  City Talk

    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 [...]

  • UK small businesses donated £6bn in cash and gifts during the Covid pandemic

    March 2, 2021

    UK small businesses donated £18bn during the Covid pandemic

  • Chancellor urged to keep London economy competitive through tax measures in Budget

    March 1, 2021

    Chancellor urged to keep London economy competitive through tax measures in budget

  • Elizabeth Warren’s proposed billionaire’s wealth tax would rake in ‘$78bn from just 100 people’

    March 1, 2021

    US Wealth tax bill aims to reverse economic downturn caused by Covid-19

  • Brits head back to the high street as roadmap out of lockdown boosts shopper numbers

    March 1, 2021

    The number of shoppers on the high street jumped last week, as Brits learned the details of the Prime Minister's roadmap out of lockdown.

  • UK consumer credit slumped in January as lockdown took hold

    March 1, 2021

    Consumer borrowing in January fell at its fastest pace since May last year as the country returned to lockdown, Bank of England data showed on Monday. Unsecured lending to consumers tumbled by £2.4bn, the biggest drop since last May’s £4.5bn hit. This takes the year-on-year fall to 8.9 per cent, the biggest decline since monthly [...]

  • Rishi Sunak should axe 20 UK taxes in Budget, says think tank

    March 1, 2021

    The UK should axe inheritance tax, stamp duty, the TV licence fee and 18 other taxes to simplify the UK’s taxation regime post-Covid, according to a free market think tank. The Institute for Economic Affairs’ (IEA) pre-Budget release has called for Rishi Sunak to “simplify the tax system, reduce the overall burden of taxation, and [...]

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