At time of writing, the UK’s FTSE 100 index of leading shares is at 6,882 – up 7% on where it ended 2020. In the US the Dow Jones index is up 11% for the year at 33,821 with other major markets around the world also making significant gains in the first four months of …
Last month Elon Musk, the world’s richest man and boss of carmaker Tesla, announced that his firm had bought $1.5bn (£1.1bn) of the cryptocurrency Bitcoin and expects to start accepting it as payment in the future. The announcement caused the price of Bitcoin to jump to $44,220 (£32,072) – a rise of 17% and a record …
Back in 2018 Mike Ashley, owner of Sports Direct and other high street brands, famously declared that ‘the British high street will be dead by 2030.’ The targets of his anger were MPs in general and the then-Chancellor Philip Hammond in particular. Any more taxes on the high street, Ashley argued, and it would collapse …
Alongside the obvious contenders of online retail giants and pharmaceutical companies, there are plenty of industries who can expect to see opportunities for growth as the world adapts to the challenges of 2020. With digital transformation at the forefront of much of the conversation of growing industries, it can be expected that the industries and …
Introduction On Wednesday, November 25th Chancellor Rishi Sunak delivered his Spending Review for next year to the House of Commons. In the absence of an Autumn Budget, the statement to the Commons set out the Government’s spending commitments for 2021/22. The Chancellor had announced some time ago that there would not be a formal Budget …
