I feel sad,’ says Lady Astor, referring to OKA, the upmarket interiors retailer she founded in 1999 I feel sad,’ says Lady Astor, referring to OKA, the upmarket interiors retailer she founded in 1999. The company went into administration in the US and into a company voluntary arrangement in the UK this summer. Lady Astor…
Inheritance tax rise will cheat our children, say entrepreneurs By Anne Ashworth Updated: 09:45 BST, 7 October 2024 A flat-rate lump sum levy that falls due each year could be the solution to the mounting challenges facing Chancellor Rachel Reeves in her Autumn Budget plan to squeeze more tax from ‘non-doms’. These are people whose…
CLSA believes that China presents the most significant self-help opportunity among emerging markets. (AI image) India vs China stock markets: The Chinese government’s aggressive measures to revive its markets and economy have captured the attention of foreign investors. Global brokerage firm CLSA has increased its exposure to China, reducing its overweight position in Indian equities…
An education technology company dubbed the “Spotify for textbooks” will this week announce a $20m fundraising led by Sir Terry Leahy, the former Tesco boss. Sky News has learnt that Perlego, a subscription-based digital library providing unlimited access to academic titles, will unveil its latest capital injection on Tuesday. New funding is also being committed…
By Jessica Clark Updated: 07:35 BST, 7 October 2024 Major British retailers including Tesco, Sainsbury’s and Marks & Spencer have urged Rachel Reeves to slash business rates by a fifth. More than 70 high street bosses called on the Chancellor to cut retail property taxes amid fears of shop closures. In a letter to Reeves…
These secret recordings by the BBC captured food establishments lying about their hygiene ratings Businesses have been displaying inaccurate food hygiene ratings, with many lying about them when challenged, an undercover BBC investigation has revealed. Secret recording captured businesses from small local restaurants to the supermarket chain Sainsbury’s misleading customers with inaccurate Food Standards Agency…
KUALA LUMPUR: Foreign investors continued to dispose of equities on Bursa Malaysia last week, with net selling at an 18-week high of RM1.10 billion, according to MIDF Amanah Investment Bank Bhd (MIDF). In its fund flow report for the week ended Oct 4, 2024, MIDF said foreign investors net sold every day and have been…
NEW DELHI: The industry is buoyed by policy continuity as the CII Business Confidence Index soared to a two-quarter high of 68.2 for the July-September period this fiscal, the lobby grouping said in its first survey after the Lok Sabha polls. The 128th round of the CII Business Outlook Survey was conducted in September 2024,…
KUALA LUMPUR: The ringgit opened marginally higher on Monday amid weak sentiment as traders reassessed their stance on the United States Federal Reserve (US Fed) possibly taking more time to reduce interest rates, an economist said. At 8 am, the local note stood at 4.2150/2240 against the US dollar compared to last Friday’s close of…
PA Housebuilders say they have thousands of affordable homes ready to be built but no buyers England has a housing crisis – more than one million families and individuals are on the waiting list for a social home. Experts think 90,000 of these homes need to be built every year for a decade to house…
