Hints and tips:
...EU summit: Emmanuel Macron will urge EU leaders in Brussels today to embrace radical plans to boost defence spending....
...To improve the balance between retailers and suppliers, the report urges that “the GSCOP must be refreshed to embed the 7 Golden Rules identified by the GCA”....
...But some from Hong Kong urge the UK to toughen action precisely because of that special relationship....
...” nightmare dealing with the UK’s immigration system....
...Global Blue, the tax-free shopping refund agency, compared the behaviour of Gulf state tourists in the EU in 2019 with their shopping habits last year....
...Former Siemens UK CEO Jürgen Maier has taken up a role chairing a new expert review of UK rail and transport infrastructure for the Labour party. BNY Mellon has named 44 managing directors....
...Private equity proposes a remedy for the NHS The UK’s vaunted NHS is in crisis....
...Xi’s absence is certainly a disappointment, not least for European leaders, including Rishi Sunak, the UK prime minister, who were hoping for rare facetime with the Chinese president....
...Need to know: UK and Europe economy UK business groups are urging Prime Minister Rishi Sunak to rethink a planned increase in visa fees for migrant workers, arguing it will harm competitiveness and hamper...
...Brands such as Chinese-owned Elf Bar sell brightly-coloured disposable products in a variety of flavours including “blue razz lemonade”, “strawberry banana” and “cotton candy ice”, deemed to be attractive...
...And Chinese tech is still in demand in some quarters: the EU for example continues to fund Huawei to run research on next-generation communications systems despite several member states banning the tech...
...Need to know: Global economy Chinese president Xi Jinping’s feared corruption investigators have turned the focus on themselves....
...Global investors are betting big on China’s reopening, snapping up a record $21bn of Chinese equities since the start of the year....
...But they accounted for 32 per cent of all tax-free shopping, according to data from Global Blue, a tourism shopping tax refund company....
...The retailer has alternatives to China through a twin-track supply chain....
...The World of Work A record number of UK companies are setting up employee-ownership trusts (similar to the model of retailer John Lewis) as alternative ways to reward staff while benefiting from a tax break...
...“We urge you to pair the military and economic support the United States has provided to Ukraine with a proactive diplomatic push, redoubling efforts to seek a realistic framework for a ceasefire,” the group...
...In 2019, Chinese tourists accounted for just 4 per cent of non-EU visitors to the UK, but were responsible for 26 per cent of spending on tax-free shopping, according to Swiss payments company Global Blue...
...The country has the world’s biggest electric car market, accounting for nearly 60 per cent of global sales....
...US officials — as well as hundreds of Chinese companies and global investors that own about $1.4tn of their shares — are hoping that Beijing’s rare concession is for real....
...Latest news Environment Secretary George Eustice says UK will bring forward another 10,000 visas for seasonal workers and expand scheme to cover poultry (Press Association) EU agency sees risk of Covid...
...Ricardo Fort, a consultant who previously ran global sponsorship at Coca-Cola and Visa, says sponsors know what they are signing up for. Some events are better than others, some easier than others....
...His solo short pick was UK electronics retailer AO World, which he rightly predicted would continue to struggle with high UK inflation....
...Latest news UK puts plan for windfall levy on electricity generators on hold Erdoğan urges Putin to agree to UN plan for safe passage of Ukrainian grain OECD sets deadline for key part of global tax deal...
...Such arguments should not tar the importance of the case for cash. Cash, in the UK at least, is a part of the government’s plans....
International Edition