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...Wright said that in North Kesteven the council had retained an additional £400,000 last year on post-discount sales of £1.5mn as result of not having to hand money back to the Treasury....
...There is also the matter of prohibitive foreign ownership laws, which often require a local business partner....
...It highlighted audio production, which has had just 1 per cent of its budget moved outside London since March 2020....
...Taiwan equities and bond ETFs investing overseas accounted for more than 80 per cent of the net NT$1.23tn in inflows into the local fund market, as more than 1mn new beneficiaries rushed into onshore bond...
...Local banks already have a strong local retail investor base that relies on bank dividends as a source of stable income....
...And full-year GDP growth of 1.5 per cent was triple that of the eurozone....
...by daily local newspapers....
...The council has sold off assets to pay down a £1.4bn debt mountain and was granted £635mn in capitalisation directions, enabling it to help meet some revenue costs through capital resources....
...Thurrock council in Essex is among the most indebted in the UK, with borrowings of £1.3bn. In 2022, it said it faced losses of £275mn of public money from its investments, mostly in solar energy....
...The LGA has warned of a £2.4bn funding gap in local authority finances this year and £1.6bn in 2024-25....
...We’ll discuss the fallout from the May 2 local and mayoral elections — including whether Sir Keir Starmer’s Labour party has lived up to expectations, and whether Prime Minister Rishi Sunak will face a leadership...
...Its analysis found that the average benchmark mean value (or “band D”) property in Greater London will rise by £105.57 to £1,894, while in the North East it will go up by £112.14 to £2,315....
...The law allows the government to close Al Jazeera’s local offices and confiscate its equipment, while banning local cable and satellite TV companies from carrying the channel and blocking its website in...
...Just 1 per cent of UK primary schoolteachers believe the majority of their pupils possess an “adequate” level of financial literacy, according to a study that will add to pressures on the government to ensure...
...Hunt said the local housing allowance would increase to the 30th percentile of local market rent, an average increase of £800 for 1.6mn households. The UK has faced record rent increases this year....
...comments on Pilita Clark’s Business Life column about Prime Minister Rishi Sunak’s decision to scale back the UK’s net zero commitments (“Britain’s quiet green business success story”, Business Life, April 1)...
...When López Obrador launched his attack on them in 2022, they were quick to point out that they were consuming less than 1 per cent of the local water supply....
...The Financial Reporting Council said on Wednesday the probe related to the Conservative-led local authority’s activities for the financial years ending March 2018 to March 2022....
...However, the Labour candidate remains by far the bookmakers’ favourite to win in May, with William Hill offering bets on his victory at 1:33 odds-on....
...The rules, which took effect on January 1, bar the 12 areas from launching many types of new projects, such as building highways or government buildings, and call for a suspension of some early-stage schemes...
...Following the remarks, the won pared some losses, closing local trade at 1,395 per dollar....
...Ukraine has carried out its longest-range drone strikes in Russia more than two years into Moscow’s full-scale invasion of the country, attacking an industrial facility and a refinery more than 1,300km behind...
...But there is an opportunity for local pharma groups. Nomura reckons they could take a fifth of the market by 2033. Currently there are more than 100 GLP-1 pipeline drugs under development....
...Total assets in Taiwan equities ETFs grew 8 per cent in two months to NT$1.52tn by end of February from NT$1.41tn by end-2023, according to data from the FSC....
...The unprecedented spike in the use of temporary accommodation (TA), at a cost of £1.7bn last year, is driving a coach and horses through many local budgets....
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