Investment

Investment regime is vital to boost UK’s growth:

The ‘worst’ of the spending cuts have been pushed back well into the next election cycle, the tax raids will begin sooner rather than later – be that on energy generators or on aspirational Londoners. Projections of the UK’s economic performance over the coming years signed off by the Treasury watchdog seem to us more than a tad optimistic. The CBI are right to question whether the Government is paying attention to the ‘growth’ bit of George Osborne’s famed ‘sharing the proceeds of growth’ mantra. Billingsgate will move from Canary Wharf, and Smithfield from Farringdon, to

Investment

Qatar reviews investment in London after TfL ads are banned

TfL has banned the Gulf state's tourism over the countries anti-gay laws. The ban has reportedly angered Qatari authorities, who have faced strong criticism in the run-up to and during the World Cup including the criminalisation of homosexual relationships. The state’s $450bn (£372bn) sovereign wealth fund, the Qatar Investment Authority (QIA), is one of the capital’s largest property owners, with Harrods, the Shard and the prestigious Savoy and Grosvenor House hotels among the iconic buildings on its portfolio. It is also a co-owner of Canary Wharf and has a 20 per cent s

Investment

When is the UK inflation and how could it affect GBPUSD?

Given the recently released unimpressive jobless benefits claims and sky-rocketing uncertainty ahead of the Autumn Statement first under the leadership of UK Prime Minister Rishi Sunak, today’s data will be watched closely by the GBPUSD traders.  Regarding the monthly figures, the CPI is expected to escalate vigorously to 1.7% against 0.5% reported earlier. PPI Core Output YoY is seen as stable at 14% on a non-seasonally adjusted basis whereas the monthly prints could shift higher to 1.3% versus 0.7% the prior release. Technically, the cable is displaying a balanced auctio

Investment

UK has claimed £65 million for clean technology:

  U.K. unboxes £65 million for clean technology investment at COP27. This new funding aim to make clean tech accessible and affordable to developing countries. Grant Schnapps speaking at COP27 said: "Green means growth, and with our existing talents in clean technologies, UK businesses could be world leaders in an industry that will only expand, creating jobs for generations to come while also protecting our precious planet." The world will work in an energy efficient way, making it sustainable and greener for the future. ______________________ Will this benefit the com

Investment

Twitter: a good long term investment?

Greenlight capital, recently released its third quarter 2022 investor letter. In the third quarter, Greenlight Capital funds returned 4.0% net of fees and expenses compared to a 4.9% decline for the S&P 500 index. For the nine months ended September 2022, the fund delivered a 17.7% return net of fees and expenses compared to a 23.9% decline for the S&P 500 index. In its, third quarter it discussed twitter which was 16.07% and its shares lost 19.75% of their value over the last 52 weeks. However, time and time again the big hedge fund investors return to investment

Investment

UK crisis is forcing businesses to halt investment:

British company owners are having to pull investments as the economic crisis has hiked up borrowing costs and even ability. This has shaken the confidence of the Brits, the same economy which was once known as the "haven of stability," by many. In the last month, business leaders have had to contend with radical changes to tax, a collapse in the pound and a surge in borrowing costs that forced the appointment of a new finance minister to reverse the tax cuts and slash spending instead. A two-year scheme to help homes and businesses with high energy costs has been cut to si

Investment

Truss’ ‘investment zones’ cancelled!

Liz Truss 'investment zones' are hit by efforts to reduce tax breaks and in fear of creating an 'open ended cheque book'. The creation of scores of new low-tax, low-regulation business areas was one of the key “supply-side” economic reforms that the prime minister announced last month. While new chancellor Jeremy Hunt on Monday scrapped many of the measures in the “mini” Budget to help calm financial markets, he said supply-side reforms, including the new investment zones, would be kept. Under the current plans, companies in designated areas will benefit from full business

Investment

NHS investment boosts wider UK economy!

Each £1 spent on health generates £4 of growth for the wider economy as there has been increasing workforce numbers after the post-pandemic drop in GDP. The health services are battling rising inflation, high energy costs and the prospect of further spending reduction as the government have enforced the "fiscal discipline" due to the setting of Kwarteng's mini budget. Post the era of high sickness levels causing absences great investment in the NHS is needed to reduce the treatment backlog but also the allowing an increase in people able to work. From the 2015-2020 data co

Investment

Financial scams ‘now a threat to UK’s security’

Financial fraud should be treated as a national security threat, experts have said. An industry trade body warned criminal gangs were now bypassing banks' advanced security systems and targeting customers directly. UK Finance said £90.5million of APP scams was due to criminals impersonating people such as bank staff or police. The number of individuals being scammed are increasing exponentially and are not being saved, leaving them helpless. _____________________________ How can technology be improved to combat this ever growing issue?

Investment

Renewables companies warn UK revenue cap could deter investment:

Renewable energy companies will tell UK ministers this week that a planned cap on the revenues they generate from sky-high wholesale power prices must not be more punitive than a similar EU policy — or they risk an investment exodus to Europe. Energy industry officials involved in discussions with the UK government say negotiations over the level of a cap will continue this week, with a meeting expected as early as Monday. The proposals could affect companies including EDF Energy, RWE, Octopus Energy, ScottishPower and SSE. This could effect lots of students in student hou