Category: Britains
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CBI boss warns Reeves’s farm tax raid could hobble Britain’s economy
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Rachel Reeves Plan to reduce the relief of the inheritance tax for farmers risking growth and destabilizing the broader economy, according to Rain Newton-Smith, President of the British Industry Union (CBI). In his speech to the National Farmers Union (NFU) on Tuesday, Newton Smith criticized the advisor’s decision to reduce…
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Starmer sets out new AI action plan to cement Britain’s global tech dominance
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Prime Minister Keir Starmer has set out a comprehensive vision for the UK to become the world leader in artificial intelligence, pledging a distinctively British approach to regulation while unleashing the potential of artificial intelligence to revitalize the country’s sluggish economy. Unveiling the government’s “AI Opportunities Action Plan”, Starmer pledged…
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Italy, Abu Dhabi, and Cyprus Court Britain’s Wealthy Amid Non-Dom Tax Changes
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Several countries, including Italy, Abu Dhabi and Cyprus, are actively seeking to attract wealthy individuals from the UK following the government’s decision to abolish non-resident tax status. Events are being held across London to encourage the estimated 67,000 non-UK residents – UK residents whose permanent home is outside the country…
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Italy, Abu Dhabi, and Cyprus Court Britain’s Wealthy Amid Non-Dom Tax Changes
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Several countries, including Italy, Abu Dhabi and Cyprus, are actively seeking to attract wealthy individuals from the UK following the government’s decision to abolish non-resident tax status. Events are being held across London to encourage the estimated 67,000 non-UK residents – UK residents whose permanent home is outside the country…
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Italy, Abu Dhabi, and Cyprus Court Britain’s Wealthy Amid Non-Dom Tax Changes
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Several countries, including Italy, Abu Dhabi and Cyprus, are actively seeking to attract wealthy individuals from the UK following the government’s decision to abolish non-resident tax status. Events are being held across London to encourage the estimated 67,000 non-UK residents – UK residents whose permanent home is outside the country…
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Gin and tonic surpasses tea as Britain’s favourite drink amid shifting consumer preferences
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Gin and tonic has overtaken tea as the country’s drink of choice, marking a major shift in British consumer habits. A recent study conducted as part of Bacardi’s sixth annual Cocktail Trends Report found that 44% of Britons now choose a G&T when meeting up with friends, narrowly exceeding the…
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Britain’s biggest Rolex seller urged to move primary listing to US
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Watches of Switzerland, Britain’s biggest Rolex seller, is under pressure from activist investor Gatemore to abandon its main stock market listing in London and explore options in the United States. Gatemore, which recently acquired 1.9 million shares in the London-listed company, claims Watches of Switzerland’s share price has “significantly decoupled”…
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Britain’s biggest Rolex seller urged to move primary listing to US
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Watches of Switzerland, Britain’s biggest Rolex seller, is under pressure from activist investor Gatemore to abandon its main stock market listing in London and explore options in the United States. Gatemore, which recently acquired 1.9 million shares in the London-listed company, claims Watches of Switzerland’s share price has “significantly decoupled”…
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Britain’s FTSE 100 rises as oil price jump boosts energy shares By Reuters
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Written by Shubham Batra and Khushi Singh (Reuters) – The British index rose on Monday, supported by gains in energy stocks and a weak labor market report, although losses at precious metals miners capped gains. The FTSE 100 blue-chip index rose 0.3%, while the mid-cap index fell 0.2%. Oil and…
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Britain’s FTSE 100 rises as oil price jump boosts energy shares By Reuters
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Written by Shubham Batra and Khushi Singh (Reuters) – The British index rose on Monday, supported by gains in energy stocks and a weak labor market report, although losses at precious metals miners capped gains. The FTSE 100 blue-chip index rose 0.3%, while the mid-cap index fell 0.2%. Oil and…
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Could everything you have been told about Britain’s low productivity be wrong?
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If you’ve been paying attention to the news in recent years, you’ll know that Britain has a productivity ‘problem’. August posts like Financial Timesand The Economist I will tell you that Britain’s “low productivity” is “holding us back” as a nation on the world stage. Institutions from London School of…
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Britain’s Rightmove rejects $7.3 billion takeover offer from Murdoch’s REA Group By Reuters
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By Scott Murdoch and Aditya Govindrao SYDNEY (Reuters) – Britain’s biggest property portal Rightmove has rejected its offer to buy the Australian property listings company for 5.6 billion pounds ($7.32 billion) in cash and shares, the Australian property listings company Ria Group said on Wednesday. REA, in which Rupert Murdoch’s…
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Britain’s exporters lack expertise, survey reveals
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UK exporters appear to be increasingly ill-prepared to take advantage of international opportunities, according to the latest annual research commissioned by the Department for Business and Trade. The survey of 3,000 businesses with revenues of more than £500,000 found that just 18% considered themselves export experts last year, down from…
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Britain’s battery industry could spark revival with local LFP production
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The UK battery industry, which has been in decline, could see a boost with the introduction of locally produced lithium iron phosphate (LFP), a key component in electric vehicle (EV) batteries. Behnam Hormozi, founder of Integrals Power, believes that producing a cleaner, higher-quality version of the LFP battery in the…