Insight into the pandemic shutdown

The new virus news emerging from China in December 2018, risk-averse financial markets were alert to its potential for disruption. Yet they could never have predicted the total economic collapse that would follow Covid-19’s wake, as stock markets fell faster and harder than at any time since 1929, currencies across the world plunged, investors panicked…

Spoon full of sugar could cost lot more

Nany-state scheme would cost shoppers £4.8billion a year according to John O’Connell head of the  Taxpayer’s alliance who said “ This is yet another case of middle-class meddling that will hit the poorest families hardest”. The processed food market is valued £200 billion and the food and drink service sector is close to 70 billion.…

Amazon invest $1bn in India- a key growth market

Jeff Bezos, Amazon boss has announced £770m ( $1bn) investment in India, digitising small and medium businesses allowing them to sell and operate online, saying the country is a key growth market. Speaking in New Delhi he said the 21st century is “going to be the Indian century”. The e-commerce billionaire’s three-day visit to India…

Maritime power of London amid civil war and plague

Margarette Lincoln, former deputy director of the National Maritime Museum, brings detailed account of London life -the gardens, the coffee houses, the shopping and charts the impact of national events growing citizenry with its love of pageantry, spectacle and enterprise. When the Thames froze  over and Mary Evelyn, wife of the diarist John, complained about…

US tax code has one rule for the rich and another for the rest

Seventy one per cent of Americans believe the economy is rigged in favour of the rich starting with tax code. Former BlackRock executive Morris Pearl, the millionaire chair of the Patriotic Millionaires and Erica Payne, the organization’s founder, reveals and engaging and enlightening insider’s tour of th nations tax code, explaining how “the rich” manipulate…

Budget 2021- Sunak’s support for Covid-19 totals £407bn

“Coronavirus has caused the largest and most sustained economic shocks in this country has ever faced,” Sunak said Furlough scheme extended until the end of September along with VAT cut for hardest-hit sectors to boost the hospitality and tourism industries over the summer. The government will maintain its support for the self-employed, with grants handed…

UK cruise ships scarpped in the world’s largest ship graveyard

When Maritime voyages went into administration the liquidators in a distress sale without any concerns about the environmental impact, in search of recovery sold at auction Two British cruise ships the Marco Polo, the Magellan and three other cruise ship which were impounded and sold to settle the debts in November 2020. The Marco Polo…

GameStop rage as surname goes viral, seen 40 million times

Fancy having a surname Hedges-Stocks who had been inadvertently seen 40 million times on Twitter. Zoe has been inundated with thousands of requests for financial advice and trading tips after people misinterpreted her surname. Zoah Hedges-Stocks, a 31-year-old writer from Leiston, Suffolk, stated on Twitter hers was “ not a finance account” and did “not…

How to Make Britain Great again

Respected financial journalist Alex Brummer and Brexit supporter was offering an argument for optimism in his must read book The Great British Reboot, and offers a manifesto for how to re-engineer the UK economy. Brummer’s  prescriptions align with Prime Minister Boris Johnson’s political prospectus, despite the gap between strategy and implementation remains wide apart. His analysis of…