Hints and tips:
Related Special Reports
...EY’s plan ultimately fell apart last year because of disagreements over how to divide tax partners between the two halves of the business....
...Jess Ralston, head of energy at the Energy and Climate Intelligence Unit, said a CBAM could help reinstate some green investor confidence that was “shaken” by Sunak’s net zero U-turns in September....
...home to billionaires even as global wealth falls Indonesia, Malaysia consumer boycotts hit McDonald’s, Starbucks and others Number of China’s wealthy falls amid property crisis, Hurun finds With Xi in U.S...
...The party would retain a “floor” introduced by the government where the levy would cease to apply if oil and gas prices fell below a certain level....
...The committee also said it had “low confidence” that the UK would meet its target of reducing emissions by 68 per cent over the same period after Prime Minister Rishi Sunak U-turned on key green measures...
...Exclusive: PwC plans to reverse a controversial restructuring of its tax practice in the US after just three years, in a U-turn under its incoming senior partner Paul Griggs....
...Among the items in the producer prices index, building materials and non-metals prices fell 6 per cent while ferrous metal materials fell 5.6 per cent....
...A jaunty “Stars Fell on Alabama” is sandwiched between a blistering version of Coltrane’s “Alabama”, inspired by racist violence....
...“It is as though America fell asleep and suddenly awoke in Leonid Brezhnev’s Soviet Union,” I write....
...In Europe in 2023, the rate fell in “Hungary, Germany, Iceland, Ireland, all the ones who were really high or were paraded as examples . . ....
...The British public has U-turned on immigration compared to 13 years ago, according to research from the Policy Institute at King’s College London....
...Last week’s newsletter highlighted how central bankers hate a U-turn. This delays action. Low costs of waiting....
...The Case-Shiller Composite index is forecast to report that home prices across 20 cities fell 1.6 per cent in March on an annual basis....
...The CPI was unchanged year on year while producer prices fell 2.5 per cent....
...Government data around FDI projects supported by the business department showed that their economic impact fell 18 per cent year-on-year....
...But the prospect of new or expanded initiatives is looking shakier after the government U-turned on a number of green targets....
...The 30-year gilt yield fell 0.17 percentage points to 4.37 per cent....
...The pound fell slightly as Truss spoke, deepening earlier losses to trade 1.1 per cent lower against the dollar at $1.1206....
...Timing the market Policy U-turns often signal market turnarounds. Healey’s move to put British capitalism back on its feet should have ended the bear market....
...China’s population fell in 2022 for the first time in 60 years, as deaths outstripped births and left the overall headcount at 1.41bn, according to Beijing’s calculations....
...UK government debt prices rose after chancellor Kwasi Kwarteng announced his tax U-turn, pushing yields lower....
...The 30-year yield ended the day at 4.81 per cent, up 0.27 percentage points, having earlier sunk as low as 4.24 per cent amid expectations of a U-turn....
...But the multiple crises into which the EU fell in the first two decades of the 21st century threatened to halt and even reverse elements of this project....
...Before, yields fell in response to short-term BoE mitigation of the opposite expectation....
...That fell to just $60-80bn in the 2010s, and even in today’s torrid rate environment it has only climbed back to $110bn in 2023 — or about 0.5 per cent of bank assets....
International Edition