Jobs threat at Meggitt following £6.3bn buy-out

UK defence supplier Meggitt faces job threats after it finalised a £6.3bn takeover deal from US rival Parker Hannifin. Board of the FTSE 250 engineering company that operates in the aerospace, defence and energy markets has unanimously recommended...

End of furlough scheme to increase job losses by 150,000

A leading think tank believes the end of the UK government's furlough scheme will lead to an increase in job losses in the country. The National Institute of Economic and Social Research (Niesr) said it had revised up its 2021 growth forecast...

Tatas buy TejasNetworks to push enterprise telecom play

Tata Sons is buying Tejas Networks, a publicly listed company offering data networking products to telecom operators and internet service providers for £292.3 million, to bolster its enterprise telecom play. According to the contours of the...

Adani joins petrochemicals business to take on Ambani

Gautam Adani took a small step to enter the petrochemicals business by forming a wholly-owned unit under Adani Enterprises Ltd. Sources tracking the company said this is in response to Mukesh Ambani’s announcement in June that Reliance Industries...

US Supreme Court partially okays Trump's travel ban

The US Supreme Court has partially reinstated President Donald Trump's controversial travel ban targeting citizens from six predominantly Muslim countries, before examining the case in full this autumn

Arun Jaitley raises H-1B concerns with US treasury secy

India's Finance Minister Arun Jaitley raised the issue of tightening of the H1B visa regime with US counterpart treasury secretary Steven Mnuchin during their first meeting, highlighting the contribution of Indian firms and professionals to...

US asks public schools to let transgender access to bathrooms

The US administration has issued guidance directing public schools to let transgender students to use bathrooms and locker rooms matching their gender identity.

Will ‘Teflon’ President Zuma survive the latest scandal?

Former US President Ronald Reagan was called by his detractors “the Teflon president”. The nickname was coined by Patricia Schroeder, a Congresswoman, and reflected on how a plethora of scandals surrounding his presidency seemed to have no effect...

The UK’s Economic Firepower

I’d like to share my interview with Adi Raj, which he did for his school newsletter. He’s applying to Oxford so wish him well!

Dear Financial Voice Reader,

"You own it, you better never let it goYou only get one shot, do not miss your chance to blowThis opportunity comes once in a lifetime "

Bank of England cut growth forecast

Brexit negotiations initially got off to a shaky start as it seemed that British cabinet ministers were unable to reach an agreement on the best course of actions and the government also seemed at war with itself over the divorce terms.

Brexit deal in tatters

The ongoing and tense negotiations have led to a broad agreement by the UK to a gross financial settlement of £89bn on leaving the bloc, although the British expect the final net bill to be half as much. The news brings the two sides close to agreement on a key obstacle to opening talks on a future free trade pact.

Picking the cherry

A recent Hometrack survey shows that 373,000 property transactions have been stalled as a consequence of the current lockdown, worth about £82bn

Sow & Reap

Interesting times.  Currently, we are being fed information regarding something we cannot see or have a grip off.  Therefore, we are lapping up all we are fed.  Even the official narrative does not make sense, even within its own narrative.

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