Katherine Griffiths

The UK’s wealthy are relieved that the new Labour government did not hit them as hard as expected in its first budget, but were less reassured about tax raises that could yet come.

The writer and presenter says 15 per cent of her brain is always wanting bouncy sweet potato noodles.

(Bloomberg) -- The UK's wealthy are relieved that the new Labour government did not hit them as hard as expected in its first budget, but were less reassured about tax raises that could yet come.

The Labour party was pummeled with arguments from wealthy groups seeking to avoid harsh treatment in its first budget. This week the government made its choices clear: private equity executives were largely let off the hook, but non-doms will pay billions of pounds more.

Chancellor of the Exchequer Rachel Reeves believes the UK’s crackdown on banks in the wake of the global financial crisis has gone too far and vowed to give the country’s watchdogs new marching orders to ensure they’re focused on growing the economy.

Lord Mayor of Sydney, Clover Moore AO said the proposals would make it easier and cheaper for venues to trade later, while balancing the sound management needs of businesses and residents.

New research shows that the path for women to become CEO remains “unbelievably narrow” across British corporations.

A top UK financial regulator warned that a new directive to help the government improve the country’s global standing might prove difficult to pull off in some areas.

(Bloomberg) -- A chorus of top bankers said they are feeling positive about the prospects for the US economy under President-Elect Donald Trump and think his tariff threats will be manageable.

December 10, 2024 A chorus of top bankers said they are feeling positive about the prospects for the US economy under President-Elect Donald Trump and think his tariff threats will be manageable.