Nvidia sinks as Chinese AI startup Deepseek spooks global markets Nvidia shares and other US tech giants tumbled on Monday as Chinese artificial intelligence (AI)…
Browsing: Business insights this week
Billionaire Sir Leonard Blavatnik injects £630m to prop up Netflix-rival DAZN as losses mount Billionaire Sir Leonard Blavatnik has injected a further $827m (£630m) into…
Bank of England: Goldman Sachs expects deep interest rate cuts Markets are significantly underestimating the chance that the Bank of England will have to step…
UK ranked second-best investment target by global CEOs The UK has been ranked as the second most attractive country to invest in by global CEOs,…
‘Student Tax’ to hit graduates on minimum wage by April Thousands of graduates will find themselves stranded in their home town, unable to root out…
Millionaires leave Britain in record numbers since Labour took power Millionaires have left Britain in record numbers since the new Labour government took power amid…
Pound sterling continues to suffer as traders pare bets on Fed rate cuts Sterling suffered again on Monday, falling to a 14-month low against the…
Pound sterling continues to sink as UK economy ‘clearly on very shaky ground’ Pound sterling has continued to sell off this morning, and UK government…
UK fintech funding races ahead of Europe According to new figures, the UK’s fintech sector was beaten by only the US on total investment last…
UK inflation increases as cigarettes and petrol drive price rises The rate of price rises in the UK increased to 2.6 per cent in November,…
UK companies cut jobs at fastest rate in nearly 4 years The private sector cut jobs at the fastest rate for nearly 4 years in…
London Stock Exchange suffers biggest exodus in 15 years as former boss sounds alarm The former head of the London Stock Exchange Group has warned…
UK start-ups still at the forefront of global innovation Despite the “doom and gloom” narrative and post-Budget fears looming over the UK’s start-up ecosystem, the country still…
Cabinet minister pledges to make government more ‘start up’ A cabinet minister is set to pledge that the government will become “more like a start…
Job vacancies collapse as Budget tax raid puts firms off hiring, survey shows The number of job vacancies in the UK fell at its fastest…
Costain wins major HS2 contract It has been announced that engineering firm Costain has been awarded a contract by HS2 worth upwards of £400m. The…
Budget could wipe out 125,000 jobs in family businesses The government’s move to limit inheritance tax relief for family-owned businesses could cost Britain roughly 125,000…
Don’t expect Budget rethink, Rachel Reeves implies Rachel Reeves has implied she won’t rethink her Budget measures in the wake of backlash from business, saying:…
Unemployment hotspots to get more NHS funding under new back to work plan Places with the highest levels of joblessness will get extra NHS support…
Jobs market gets Christmas boost from seasonal hiring The jobs market is benefiting from a pre-Christmas boost, according to new research from Adzuna. In October,…
Barclays fined over ‘reckless’ failure to disclose Qatar links The Financial Conduct Authority (FCA) has hit Barclays with a £40m fine today for failing to…
GKN Aerospace owner Melrose holds outlook despite supply chain challenges Melrose Industries said it is on track to hit looming profit targets despite the industry-wide…
Tesla, bitcoin and dollar jump as investors pile into ‘Trump trades’ Bitcoin hit a fresh record, the US dollar rose to a four-month high and…
China, after decades of mostly export-based growth, must now deal with massive problems of industrial overcapacity. The country is now trying to encourage more domestic consumption and to diversify its trading partners.
In very traditional Republican terms, he’s talking about tax breaks and reduced regulation. In terms of some of his specific pledges on the economy, he’s talking about getting rid of income taxation on tips and overtime. These things combined have the potential to be quite domestically inflationary, I would say.