Trade tensions between the US and Europe over subsidies to Boeing and Airbus eased. The US and the EU agreed to a four-month suspension of tariffs they imposed on each other, while the US will temporarily lift punitive tariffs on £550m worth of UK exports such as Scotch whisky and Stilton cheese.
The FTSE 100 rallied 2.3% over the week.
Chancellor Rishi Sunak’s second budget extended the furlough scheme and said he would spend £65bn over the next two years supporting jobs and investment. While the chancellor acknowledged that taxes would have to rise in the longer term, he said now was not the time. However, he did announce that corporation tax would rise to 25% in 2023 and that personal tax allowances would be frozen until 2026.
Amid signs that the UK is considering relaxing its onerous listing requirements, Deliveroo announced it would list in London – the company is targeting a $10bn valuation which will make it one of the UK’s largest tech companies. The Hill review will seek to make the UK more attractive in competition for IPOs and with tighter focus on Spacs (special purpose acquisition companies that raise money from investors and list on a stock market, then look for an acquisition target to take public). [READ MORE…]
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Let’s mix up the font and use itals to bring it to life. Property picture if we have one or use iStock.
Strategy Manager, RSA.
“We have retained many of the major global PR agencies in the past. However, FWD was the only PR firm which really understood us. They just got what we stood for and what we wanted to achieve.”
Leading global proptech CEO
MEMPHIS, Tenn., 4 March 2021 – Sedgwick, a leading global provider of technology-enabled risk, benefits and integrated business solutions published their European state of the nation recall index report, explaining the principal cross-industry market trends of 2020 and revealing predictions for 2021.
This industry leading research and analysis were designed and delivered by Sedgwick’s experts in best practice recall, remediation and retention solutions. Sedgwick works in partnership with clients across all industries to manage the risks and minimize the impacts of in-market business and product crises.
Highlights include a look back at 2020 and predictions for 2021. [READ MORE…]
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