The government is expected to push ahead with a contentious plan to limit the amount of money that savers can put into cash Isas each year as part of efforts to revive Britain’s troubled stock market, Ben Martin writes. There has been speculation for months that Rachel Reeves, the chancellor, will reform the rules governing…
As tariffs push the price of goods in the US higher, the secondhand clothing industry could reap the benefits. President Donald Trump first imposed a 10% tariff on Chinese goods in February. Since then, both countries have been stacking up retaliatory levies on each other. As it stands, the US tariff on goods imported from…
Barclays slashed its S&P 500 target to the lowest among the major banks, predicting that the index will end the year at 5,900. Before Wednesday, the firm held a 6,600 target but cut its outlook amid deteriorating economic data and tariff disruptions, which have paralyzed markets so far this year. RBC and Goldman Sachs have…
Hong Kong has slashed the liquor tax on spirits with over 30 per cent alcohol content and an import price above HK$200 (US$26) after Chief Executive John Lee Ka-chiu unveiled the move in his latest policy address. The cut aims to boost the high-end spirits market, with hopes that it will also benefit the tourism…