Liz Truss has u-turned on her plans to scrap the rise in corporation tax, in the controversial “mini-budget”, after she sacked Kwasi Kwarteng. Since the mini-budget was announced two weeks ago, the cost of government borrowing has soared plummeting the value of the Pound Sterling. Liz Truss told the Downing Street press conference on Friday…
Kwasi Kwarteng has been sacked after his disastrous mini-budget triggered market turmoil, despite a bailout of pension funds and rising mortgage rates, Downing Street confirmed. Prime Minister Liz Truss also signed off an array of unfunded tax cuts in the mini-budget last month, is intending to get Kwarteng to “carry the can” over her…
Back in April 2022, former prime minister Boris Johnson said he wants a free trade deal with India by November. No other nation drinks as much whisky as India which should have Scotland’s world-famous industry celebrating, as each bottle of Scotch sold in India comes with a hefty price tag attached thanks to tariffs of…
GSK shares continued to tumble despite the FSTE-listed drugs giant reporting “ truly exceptional trial results on a potential blockbuster vaccine”. GSK says its respiratory syncytial virus (RSV) vaccine candidate for people aged over 60 showed overall efficacy of 82.6 per cent with data from the late-stage clinical trial also revealing a 94.1 per cent…
EasyJet after two covid affected years saw losses of over £1manbn in 2020 and 2021 and in 2022 will lose £190 million as the customers remain cautious. As it is heavily exposed to Pound, as many of its costs are denominated in dollars. But EasyJet says it has enjoyed a record bounceback from Covid lows…
With the advent of Covid-19 which inspired working from home, as many as 300 Wipro employees’ were fired for moonlighting, as they took advantage of working from home and worked parallelly with another company. Digital India has the means to expose the culprits. Wipro’s motto is “everything starts with an ambition” but when this becomes…
Kapil Dev former Indian cricketer, Indian cricket captain, fast-medium bowler, and hard-hitting middle-order batsman, who was named by Wisden as the Indian Cricketer of the Century in 2002, during a conversation at the “chat with Champions” event, explained how one should not play cricket if they felt too pressurised. One should play cricket because one…
Dame Angela Lansbury, three-time Oscar nominee with a career spanning eight decades and star of the US TV crime series Murder She Wrote had died in her sleep five days before her 97th birthday. Born in London, in 1925, Dame Angela Lansbury, moved to New York and attended the foreign School of Dramatic Art, was…
Monday 10th October is World Mental Health Day every year recognised World Health Organisation by making mental health and wellbeing for all a global priority. Mental health problems exist in our lives, families, workplaces, and communities, impacting everyone, and more importantly to talk about things and get help if you are struggling. The green…
Under pressure from its MPs, the government has been forced into a series of embarrassing U-turns since the mini-budgets, including climbing down on a plan to scrap the top rate of income tax. Experts believe that chancellor Kwasi Kwarteng will have to row back on more of his tax cuts or drastically cut public…