Finance

UAE announces ministerial reshuffle

UAE announces ministerial reshuffle POLITICS | MIDDLE-EAST | GCC | UAE FACT BOX: December 1971, the UAE became a federation of six emirates – Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al-Quwain, and Fujairah, the seventh emirate, Ras Al Khaimah, joined the federation in 1972. The capital city is Abu Dhabi,…


Tax rises for the UK

UK’s Boris Johnson is breaking his own election manifesto promises by hiking UK tax rises ECONOMICS | FINANCE | TAX | UK Next week will see UK Prime Minister Boris Johnson announce that he is breaking his own election manifesto promises by hiking taxes. The UK has been hit by…



Coronavirus COVID19: Sir Richard Branson’s Virgin Atlantic puts liquidators on standby as empire teeters on collapse

Coronavirus COVID19: Sir Richard Branson’s Virgin Atlantic puts liquidators on standby as empire teeters on collapse Sir Richard Branson’s Virgin Atlantic has put A&M administrators on standby Sir Richard Branson, who resides on his own private island in the Caribbean’s British Virgin Islands, has not escaped the financial destruction that…


UK Mortgage market goes into lockdown

Financial Markets – UK Mortgage market goes into lockdown UK Mortgage market goes into lockdown Financial Markets Rents and asking prices across the UK are falling and you may be tempted to move on the lower markets to take out a mortgage, something you may find a lot more difficult than…


Trump threatens UK with 25 per cent post-Brexit tariffs unless it backs US against Iran

Trump threatens the UK with 25% post-Brexit trade tariffs unless it backs the US against Iran Trump threatens the UK with 25% post-Brexit trade tariffs unless it backs the US against Iran Tehran accuses Britain, France and Germany of succumbing to ‘high school bully’ tactics from the US. Donald Trump has threatened…