Category: Business

Mini-budget: What is trickle-down economics? Has it ever worked? | City & Business | Finance

Mini-budget: What is trickle-down economics? Has it ever worked? | City & Business | Finance

Targeted tax reductions aim to accomplish this, traditionally settling on capital gains and savings. In his mini-budget today, the Chancellor…

Liz Truss news: ‘Encouraging’ mini-budget shows ‘willingness to take unpopular decisions’ | City & Business | Finance

Liz Truss news: ‘Encouraging’ mini-budget shows ‘willingness to take unpopular decisions’ | City & Business | Finance

Mini-Budget: Kwarteng announces cut to basic rate income tax Liz Truss has been praised for her willingness to take “unpopular…

Pound ‘falling off cliff’ against dollar in ‘tragic year for sterling’ after crisis budget | City & Business | Finance

Pound ‘falling off cliff’ against dollar in ‘tragic year for sterling’ after crisis budget | City & Business | Finance

The pound nosedived by nearly a full percent to $1.110 after the Chancellor gave his statement to the House of…

BoE confirms UK economy has plunged into recession after 0.5% rise | City & Business | Finance

BoE confirms UK economy has plunged into recession after 0.5% rise | City & Business | Finance

Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown, said: “The starting whistle has been blown on the economic tug…

Struggling shoppers spend £400m less in supermarkets | City & Business | Finance

Struggling shoppers spend £400m less in supermarkets | City & Business | Finance

Shoppers are also focusing on buying little but more often to help manage rising food bills, said analysts NielsenIQ. It…

Romco’s metals recycling forges a new value chain for Africa | City & Business | Finance

Romco’s metals recycling forges a new value chain for Africa | City & Business | Finance

Founded by heating expert Raymond Onovwigun and based in London, the clean tech group is in the vanguard of a…

Mike Ashley: Sports Direct founder to step down from board after 40 years in retail | City & Business | Finance

Mike Ashley: Sports Direct founder to step down from board after 40 years in retail | City & Business | Finance

In 2018, Mr Ashley bought department store House of Fraser for £90m after the brand was put into administration. The…

Ocushield’s online test to help employees’ screen weary eyes | City & Business | Finance

Ocushield’s online test to help employees’ screen weary eyes | City & Business | Finance

Aimed at those who spend hours peering at screens, the early intervention technology developed by the ophthalmic telemedicine specialist works…

City trading ceases as world markets honour the Queen | City & Business | Finance

City trading ceases as world markets honour the Queen | City & Business | Finance

The London Stock Exchange is closed to mark the monarch’s funeral – and markets in other Commonwealth countries will follow…

TUC survey ‘proves’ Truss must keep workers’ rights | City & Business | Finance

TUC survey ‘proves’ Truss must keep workers’ rights | City & Business | Finance

The TUC said its survey of 3,000 people showed 75 percent wanted the practice of “fire and rehire” stopped. And…