Breadcrumb Trail Links Federal Election News Economy Are Canada’s lowest-income filers being left out of the benefits? Published Mar 25, 2025 • 5 minute read While both candidates’ tax cut plans no doubt appealed to each party’s taxpayer base, do the parties needed to help higher-income Canadians, too? Photo by Adrian Wyld/The Canadian Press/Postmedia files […]
Retailers across the UK have reported another sharp drop in sales this month, as fragile consumer confidence continues to weigh on spending, according to the Confederation of British Industry (CBI). The business group’s latest Distributive Trades Survey, released just a day ahead of Rachel Reeves’s spring statement, shows retail sales volumes fell year-on-year in March […]
Institutional investors have offloaded the pound at the fastest pace since 2023 in anticipation of this week’s spring statement, where Chancellor Rachel Reeves is expected to unveil £15 billion in spending cuts as part of efforts to restore fiscal discipline. According to Bank of America, the past three weeks have seen the sharpest outflows from […]
Chinese electric vehicle manufacturer BYD has overtaken Tesla in global revenue, cementing its position as a serious contender for dominance in the electric vehicle (EV) market. The Shenzhen-based company reported a 29 per cent surge in global revenues for 2024, reaching 777 billion yuan (£84 billion / $107 billion), crossing the $100 billion milestone for […]
Breadcrumb Trail Links Investor News While strategists see a period of calm ahead, they’ve avoided giving clients a resounding all clear to pile into U.S. equities Author of the article: Bloomberg News Alexandra Semenova Published Mar 24, 2025 • 3 minute read The selloff has left Wall Street conflicted about whether the time has come […]
Genetic testing giant 23andMe has filed for bankruptcy protection in the US as it seeks to sell off its business — placing the personal genetic data of millions of customers in a precarious position. The San Francisco-based company, which rose to prominence with its consumer DNA testing kits, announced on Sunday that it had initiated […]
British manufacturers are facing fresh uncertainty as Donald Trump’s sweeping new steel and aluminium tariffs threaten more than £2.7 billion ($3.43bn) worth of UK exports to the United States — a move that is already prompting order cancellations, price hikes, and long-term strategic questions for exporters. The tariffs, reinstated by executive order as part of […]
The UK’s life sciences sector is falling behind international competitors, missing out on an estimated £15 billion a year over the past decade due to declining foreign investment, falling export share and a drop in clinical trials. This is according to a new report by LEK Consulting for the Society of Chemical Industry (SCI). Despite […]
More than 200,000 jobs in family-run businesses and farms could be lost as a result of upcoming changes to inheritance tax rules, according to new research that warns of a substantial hit to investment, employment and long-term economic growth. A nationwide survey of 4,200 family-owned firms and agricultural businesses — commissioned by lobby group Family […]
Breadcrumb Trail Links News Economy Carney requested the dissolution of Parliament Sunday, triggering the election campaign Author of the article: Bloomberg News Thomas Seal, Brian Platt and Randy Thanthong-Knight Published Mar 23, 2025 • Last updated 0 minutes ago • 5 minute read Liberal Leader Mark Carney, NDP Leader Jagmeet Singh and Conservative Leader Pierre Poilievre. […]