Hints and tips:
...“As long as the government hasn’t figured out how [the €60bn in lost revenue] can be offset, this is normal procedure under the federal budget code,” he added....
...“It’s a net negative for the airlines but there are some offsets,” he said....
...Gains for defence firms, which climbed higher following Friday’s terror attack in Moscow, were offset by drops for consumer stocks and technology groups....
...Given Germany contributes about a quarter of the EPF’s funding, other member states oppose this offset demand because it would significantly reduce its liquidity....
...Kishida’s shift in defence policy came days before Christmas....
...priorities until the next government-wide spending review, expected in 2024, and that the MoD was considering using an extra £1.95bn allocated for boosting ammunition stockpiles in this year’s spring Budget to offset...
...reflects the 2021 increase in the rate of corporation tax and the multiyear freeze in most personal tax thresholds, as well as changes in the underlying economy that have boosted the tax take — only partly offset...
...Following the EU’s decision this month to deliver an additional €50bn in aid to Ukraine, attendees have discussed what steps European countries could take to offset the loss of US support....
...To offset that collective shiver of vulnerability, boards treated the guidelines as an encouragement to build takeover defences against the interests of ordinary shareholders....
...Serco said growth in its immigration and defence sectors had “more than offset” the loss of Covid-related work this year....
...The Dassault family, which owns a major defence company, holds Le Figaro newspaper....
...Zelenskyy’s team is now racing to offset that criticism — and Washington is trying to offer support, mindful that this will be less politically controversial than direct aid....
...Given the need to shelter priority areas including health and defence, unprotected departments will face real terms cuts of 2.3 per cent per year, said the OBR....
...were: Household energy price cap extended by three months Plans to raise the rate of fuel tax on petrol and diesel scrapped Government capital expenditure frozen in real terms beyond the next election Defence...
...That’s an issue as EU countries face strained budgets and huge investment needs, from defence to climate change. Repeated attempts to create an EU Capital Markets Union have so far failed....
...BAE’s upfront $5.6bn spend will be partly offset by tax savings. Factoring that in, the acquisition price falls to $4.8bn....
...This includes building infrastructure such as flood and fire defences, developing crops that can cope with new climatic conditions, and exploring new ways of cooling buildings....
...China’s central bank has stepped up defence of its currency as concerns mount over the health of the world’s second-largest economy....
...She said the bloc’s defence industry should ramp up production and promote consolidation, and that the EU is working on incentives to make that happen....
...Previously low-tax jurisdictions such as Ireland that raise their rate will initially receive revenue windfalls — though offset, over time, by the loss of their tax advantage....
...“We are strengthening social cohesion and we are standing by Ukraine’s side in its defence against Russia . . ....
...The gap in supply was partly offset by a drop in overall industrial consumption compared with prewar times, as bombed factories were shut down....
...The €1.3bn annual deficit will be offset against future profits for the first time in its history....
...Much of this is imported: more than half of all but two of 12 key critical minerals for the US aerospace and defence industry, reckons the Aerospace Industries Association....
...He cites factors including soaring debt levels, increased defence spending, the green transition and populist demands for income redistribution....
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