UK election impact on pound , ‘likely to be muted’

UK election impact on pound , ‘likely to be muted’

The UK election’s influence on the pound is likely to be limited amid widespread expectation of a Labour victory, according to the CEO of a leading independent financial advisory and fintech. The prediction from Nigel Green, deVere Group chief executive, comes as Britain heads to the polls on Thursday, July 4, with the current opposition Labour Party … Read more

Next UK government will face significant challenges

Next UK government will face significant challenges

Analysis: Morningstar DBRS Just a day to the UK general election on 4th July and a change in government looks imminent. The Labour party has continued to lead in the voting intention polls and if polls prove right, Labour will form the next government. After 14 years of a Conservative-led government, a change to Labour … Read more

Türkiye Says Aims to Rein in Tax Breaks, Target Avoidance in Reform Plan

Türkiye Says Aims to Rein in Tax Breaks, Target Avoidance in Reform Plan

A drive by Türkiye ‘s government to modernize the country’s tax system will seek to boost revenue by tackling tax avoidance and scrapping incentives that are no longer needed rather than raising the overall burden, the finance minister said on Monday. Mehmet Simsek said, however, that preliminary draft proposals being discussed within the government envisioned … Read more

New debate rules helped Trump, treat big nonprofits like business and other commentary

New debate rules helped Trump, treat big nonprofits like business and other commentary

Debate beat: New Rules Helped Trump “Staged by CNN in an audience-free soundstage in which even competing reporters were banned, the Biden-Trump debate had more ground rules than an Ultimate Fighting match,” grumbles Politico’s Jack Shafer. In advance of the debate, “many assumed that these new rules would hurt Trump” given that “he feeds off live … Read more

Kenya Bond Tax Seen as New Hurdle for Tiny Corporate Debt Market

Kenya Bond Tax Seen as New Hurdle for Tiny Corporate Debt Market

Bloomberg | Jun 26, 2024 04:09 PM IST Share Via Copy Link Already haunted by a history of company collapses, Kenya’s moribund corporate bond market risks a fresh setback from authorities plans for a withholding tax on green bonds. Already haunted by a history of company collapses, Kenya’s moribund corporate bond market risks a fresh … Read more

Red light traffic fines to be reduced

Red light traffic fines to be reduced

Parliament has passed a bill reducing the fine for red-light violations in Cyprus, if a car has marginally exceeded the pedestrian crossing, while maintaining a hefty fine for passing the crossing at traffic lights. The House plenary session passed the bill, proposed by DIPA MP Marinos Moushoutas, which now regulates the fine according to how … Read more

Budget 2024: A look at what corporate India expects from FM Nirmala Sitharaman

Budget 2024: A look at what corporate India expects from FM Nirmala Sitharaman

Union Budget 2024: Industry leaders requested a host of considerations in the upcoming full Union Budget 2024 during their pre-Budget meeting with Finance Minister Nirmala Sitharaman on June 20. Expectations listed by India Inc. during the two-hour interaction include a reduction in the income tax burden for the common man, an increase in capital expenditure, … Read more

Neither was there a revolution nor did you become anti-establishment

Neither was there a revolution nor did you become anti-establishment

Since Sunday evening, we have all been reading a great deal about the electoral success of a young man who managed to secure one of the six seats in the European Parliament. Some have described it as a punishment for the political system, while others have called it a form of ‘revolution’ by the electorate. … Read more

South African parties hold crunch talks to decide who will govern

South African parties hold crunch talks to decide who will govern

The African National Congress (ANC) was holding last-minute talks with other parties on Thursday to thrash out a deal to form South Africa’s next government, as its secretary-general said it aimed to work with as many parties as possible. The broad parameters of a deal need to be agreed in time for the first convening … Read more

Government refuses to disclose cost of new tax measures

Government refuses to disclose cost of new tax measures

What’s at stake in the EU elections? Together with Aurélie Pugnet – political editor at Brussels-based media outlet Euractiv – journalist Tracy Heindrichs looks at some of the key issues that will matter during the European Parliament elections in June.