Budget 2021: Sunak eyes tax on online deliveries and freelance workers February 28, 2021 Rishi Sunak is reportedly preparing to announce new taxes on online deliveries and freelance workers in Wednesday’s Budget to help pay off the UK’s Covid spending. The tax would likely target online firms like Amazon and Asos who have seen profits soar over the past year, after people spent much of 2020 in lockdown. It [...]
Budget 2021: Rishi Sunak hints at tax rises next week February 28, 2021 Rishi Sunak has hinted that he will raise taxes in the Budget on Wednesday, saying that he wanted to “level” with people about the fiscal challenges to come. He also suggested that he would extend Covid support schemes in his Budget, as expected, saying “we went big, we went early and there’s more to come”. [...]
City PM TV: Daily Market Snapshot (video) February 26, 2021 There was a sharp shift in tone in markets yesterday, with the back-up in bond yields causing significant disruption in the equity market. Of note, that disruption spread beyond the tech and growth sectors – with weakness in all 11 S&P500 sectors, all 24 S&P500 industry groups, and all the key US headline equity indices [...]
A catch-up strategy? How Government can give young Brits a boost in Budget 2021 February 26, 2021 A catch-up strategy? How Government can give young Brits a boost in Budget 2021
Twitter mulling subscription services and tipping features February 25, 2021 Twitter mulls over introducing new subscription features to provide monetary incentives to influencers
Ireland’s Aer Lingus appoints IAG Cargo head as new CEO February 25, 2021 Aer Lingus secures IAG Cargo head as it's new CEO after fighting for survival during the pandemic
Moderna expects $18.4bn in Covid-19 vaccine sales this year February 25, 2021 US based Moderna is expecting $18.4bn in sales after vaccine deals are successful with countries
David Cameron tells Sunak not to raise taxes in Budget next week February 25, 2021 Former Prime Minister David Cameron has urged Rishi Sunak not to hike taxes in next week’s Budget amid speculation he is set to increase corporation tax to help pay off the UK’s Covid spending. Cameron said increasing corporation tax “wouldn’t make any sense at all” before the UK’s economic recovery is further advanced and compared [...]
City PM TV: Daily Market Snapshot (video) February 25, 2021 City PM TV: Daily Market Snapshot (video)
Govt should step back and let free markets drive pandemic recovery, says CPS February 24, 2021 Centre for Policy Studies report argues for less government intervention by spending less.
