Chacellor Kwasi unveils tax cuts

Chancellor Kwasi Kwarteng has unveiled the biggest package of tax cuts in 50 years, as he hailed a "new era" for the UK economy. Income tax and the stamp duty on home purchases will be cut and planned rises in business taxes have been scrapped.

Liz Truss looking to ease cost of living in mini-budget

New PM Liz Truss will go ahead and announce her tax slashing mini budget within weeks despite the death of the Queen. She has vowed to scrap the rise in National Insurance contributions in a “fiscal event” later this month.

Tata Sons to consolidate its airline business

The 150-year-old Tata group is bringing its multiple airlines -Air Asia and Vistara -under Air India, a company it launched decades ago and was later nationalised. Last year, Tata Sons re-acquired Air India from the Indian government.

Adani added £160 mn to his fortune every day in a year

Adani Group founder Gautam Adani has overtaken Reliance Industries chairman Mukesh Ambani to become the richest man in India for the first time with a wealth of £109 billion (nearly $140 billion), according to the IIFL Wealth Hurun India Rich...

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...

Alpesh Patel’s Political Sketchbook: Ask What You Can Do

Forgive my self-indulgence. But I hope my story will inspire others. I this week received my OBE for Services to the Economy and International Trade.

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!

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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