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...At a time when many countries were suspicious of global multinational corporations, Lee welcomed them with low taxes and subsidies, marrying capitalism with a welfare state that protected citizens and provided...
...UK charities are urging ministers to scrap plans to tighten eligibility for sickness benefits, warning they could cause severe hardship without clear benefits to the economy or public finances....
...Paying for welfare and reskilling laid-off workers are not just economic downsides: they signal the kinds of societal shifts that easily lead to political unrest....
...HS2 may have been approved on paper on the basis of a projection of the economic returns to be derived from user willingness to pay for it....
...The chancellor also announced the publication of a white paper on disability benefits and unveiled a voluntary employment scheme for disabled people....
...By reforming the welfare system, reducing workless households and tackling low pay we have helped lift 1.7 million people out of absolute poverty since 2010 because a central part of our plan for growth...
...A striking example of this is President Joe Biden’s green subsidy plan, the Inflation Reduction Act, passed last year....
...She came to public prominence as a 27-year-old with a now famous paper in 2017 about the monopolistic risks posed by Amazon....
...He plans to slash state spending and dollarise the economy. Both plans have merits. But ditching the bombed-out peso could cause economic and social turmoil....
...At the same moment, global corporations and investors are making an analogous turn to India....
...Finally, as defined benefit plans collapsed, the public was pushed into defined contribution plans that impose too much risk for individuals to manage easily....
...losing their welfare benefits....
...So to allow investors to benefit from them, land clearance was needed “much more quickly than was originally envisaged”, the corporation said in board papers....
...on its responsibilities to serve its customers and communities well and benefit the environment,” he said in a statement....
...The new rules, which were proposed by the US Federal Reserve, Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation, would apply to banks with more than $100bn in assets...
...Brevan Howard has hired Ares Management Corporation’s Oualid Lahsini to lead its Middle East business in Abu Dhabi....
...With the corporation tax rate rising from 19 per cent to 25 per cent in April, Hunt is under pressure to show he has a plan for growth....
...The human welfare impact of vision correction, of course, should be reason enough to do it....
...On paper, this would reduce projected deficits over the next decade by an average of 0.4-0.5% of GDP. That said, the actual spending cut is likely to be much smaller, for two reasons....
...Here’s how Jeremy Hunt sold his plans in the House of Commons today....
...But debt is still high and the years ahead will involve tight spending plans, with health, welfare and defence demands mounting....
...Corporation tax is a tax on investment not on shareholders, corporation tax revenue should be reduced to zero....
...Some Conservatives argue that Labour’s charm offensive is a PR exercise to paper over the fact that Starmer, if elected prime minister, would not act in the interests of business....
...Gartner predicts that by 2025, 30 per cent of large corporations’ marketing messages will be generated by AI....
...And that just means, do you agree that the foundational question in antitrust cases should be the consumer’s welfare? Today, consumers’ welfare means price or quality....
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