Donald Trump’s proposals to impose hefty tariffs on goods entering the United States could deliver a £20 billion blow to the British economy, analysts have warned. The President-elect’s plan to levy a 60% tariff on Chinese products sold to American businesses, alongside a 20% tariff on all other imports, “poses challenges” for the UK government, […]
Begbies Traynor, one of Britain’s leading corporate restructuring firms, anticipates a rise in the number of businesses facing financial distress in the coming months due to the recent budget changes. The company expects that the Chancellor’s decision to increase employers’ National Insurance contributions will exacerbate cost pressures on businesses already grappling with economic headwinds. While […]
Begbies Traynor, one of Britain’s leading corporate restructuring firms, anticipates a rise in the number of businesses facing financial distress in the coming months due to the recent budget changes. The company expects that the Chancellor’s decision to increase employers’ National Insurance contributions will exacerbate cost pressures on businesses already grappling with economic headwinds. While […]
Claims for multibillion-pound business tax incentives are more likely to be non-compliant when submitted with the assistance of specialist agents, according to an official review by HM Revenue & Customs (HMRC). An inquiry into research and development (R&D) tax credits—schemes intended to encourage innovation but undermined by fraud and error—found that behaviour among some agents […]
London-based tech firm Goodstack has secured £22 million in venture capital funding, positioning it to facilitate £2.4 billion in employee donations to good causes this year. The company, whose platform is utilised by major corporations such as HSBC, LinkedIn, and design software firm Canva, has been quietly investing the capital raised from San Francisco-based General […]
Article content (Bloomberg) — Turkey denied permission for Israeli President Isaac Herzog’s plane to fly through its airspace to Azerbaijan to attend the COP29 climate summit, which he skipped, according to a person familiar with the situation. Turkish President Recep Tayyip Erdogan’s administration closed the shortest and safest route for Herzog to travel to the […]
On Tuesday, I’ll be joining a Westminster protest for the first time in my life. Yes, me—a man more comfortable behind a laptop than in front of a megaphone, who once thought the height of rural activism was separating the recycling correctly. But something has stirred me into action: the plight of British farmers under […]
Article content (Bloomberg) — French dealmaker Erik Maris has agreed to join boutique advisory firm Perella Weinberg Partners LP to strengthen its coverage of French and European clients across sectors. Maris, 60, is taking on a senior role and will be working closely with Perella’s partners including David Azema in Paris and Dietrich Becker in […]
Article content ABUJA, Nigeria (AP) — The leaders of Nigeria and India pledged stronger ties in maritime security and counterterrorism during a meeting on Sunday where they also agreed on more support for Global South nations. In his first visit to Nigeria, Indian Prime Minister Narendra Modi was hosted by President Bola Tinubu in capital […]
Breadcrumb Trail Links PMN Business Weeks after the start of her government, Mexican President Claudia Sheinbaum is giving signs that she’ll come down on the side of the US over China, if she’s forced to choose. Author of the article: Bloomberg News Maya Averbuch Published Nov 17, 2024 • 6 minute read Mexican President Claudia […]