Confidence sinks to three-year low among London businesses January 8, 2019 Confidence among London business owners has plummeted to its lowest point in three years as sales and cashflows dry up. A poll of 500 businesses in the capital showed companies are less optimistic about the city’s economy than at any time since the survey began in 2016. However the study, commissioned by the London Chamber [...]
Yet more sugar-taxes will leave consumers with a bitter taste January 7, 2019 It's been claimed that Brexit has taken up so much political energy that the government has lost its focus on other areas of policy. But fear not – the slack is being taken up by an army of bureaucrats and campaigners who seek to exert ever more control over our lives. With relentless energy the [...]
Forex 2019: Dollar rally to fade? January 7, 2019 | City Talk The course of 2018 saw a firming in the US dollar against just about every other currency. But the factors that contributed to this steady rise may be starting to diminish. The big question facing the FX markets this year is whether the dollar can continue to push higher or whether the softening in December [...]
From sugar to saving, this government is treating us like a nation of children January 4, 2019 The morning I turned eight, I woke up and told my father that I was “halfway there”. This, in my home state of Connecticut, was in reference to getting my driving licence, a process I could start on my sixteenth birthday. As a kid, this was the milestone that I was most excited to reach, [...]
Why 2019 will not mark the death of the high street January 2, 2019 When HMV went into administration in 2013, disgruntled employees used the retailer’s Twitter account to give live updates of the “mass execution” at the beleaguered music firm. However, ahead of last week’s announcement that the the 97-year-old business was collapsing for a second time, passwords for all its social media accounts were changed to avoid [...]
Sadiq Khan proposes council tax hike to tackle ‘brutal reality’ of violent crime December 20, 2018 London mayor Sadiq Khan has said he will increase council tax by the maximum amount possible to tackle violent crime in the capital. Khan's proposal would see his share of council tax increase by 9 per cent, or £26.28 a year in cash terms, for an average Band D council tax payer, taking the overall precept [...]
DEBATE: With student debt now blowing a hole in the government’s budget, should tuition fees be cut? December 20, 2018 With student debt now blowing a hole in the government’s budget, should tuition fees be cut? Iain Mansfield, a former senior civil servant, says YES. This week’s decision to reclassify student loans has exposed the myth that tuition fees were the only way of making mass higher education affordable – they were never affordable, just off [...]
The changes that could shake up your finances in 2019 December 19, 2018 We Brits approach 2019 with a sense of dread, waiting with bated breath to find out how (and if) the UK leaves the European Union on 29 March. There’s no doubt that Brexit will affect various corners of our finances, but perhaps the real game-changer for our money will be the ongoing push to make [...]
Theresa May’s #My100Days challenge: Prioritise business post-Brexit December 19, 2018 Earlier this year, I heard about a new Twitter initiative, known as the #My100Days challenge. The campaign encouraged everyone to think about what they could accomplish over the course of 100 days. Commitments ranged from spending more time with family and friends to getting involved in volunteering projects. With exactly this length of time left [...]
France will tax Amazon and Facebook as tech tax talks with the EU falter December 18, 2018 France expects to pull in around €500m (£450m) each year as it introduces a new tax on major technology companies such as Amazon and Apple. Speaking in Paris, finance minister Bruno Le Maire said he would push ahead with the tax plans after talks to establish an EU-wide version collapsed earlier this month, AFP reported. [...]
