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Top News In கிஂக்டம் அதிபர் ரிஷி சுனக் Today - Breaking & Trending Today

UK: Equities to benefit amid a successful immunisation programme – HSBC

Mar 5, 2021 09:52 GMTFXStreet News
UK Chancellor Sunak has announced an increase in corporation tax to 25% in 2023 from 19% currently, but has also extended important income support measures. Overall, following the policies announced in the Budget economists at HSBC maintain that the UK is well placed to generate a strong economic recovery from Q2 2021 and believe an overweight view on UK equities remains justified, although are cognisant of potentially subdued returns.
Key quotes
“UK Chancellor Rishi Sunak announced that levels of taxation would rise in the coming years in order to close a gap in the public finances created by the Covid-19 pandemic. In particular, the rate of corporation tax will rise to 25% in 2023 from 19% currently, and income tax thresholds will be frozen from 2022 until 2026. Importantly, however, income support measures remain in place. The UK Job Retention Scheme has been extended until September, protecting household finances as pandemic-rel ....

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UK retail footfall decline eases but lockdown continues to hurt sector

UK retail footfall decline eases but lockdown continues to hurt sector
Fri, 5th Mar 2021 05:04
(Alliance News) - The annual decline in UK retail footfall eased in February, numbers on Friday showed, though the drop was still steep as the country remained in lockdown.
According to the latest British Retail Consortium-Sensormatic monitor, UK retail footfall dropped 74% in February. This was a lesser decline than January s 82% drop, but was the second-worst fall since May.
In high streets, footfall dropped 68% year-on-year in February. This was a worse showing than the average three-month decline of 61%.
In retail parks, footfall dropped 35% annually in February, compared to the three-month average drop of 29%. ....

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Market Talk – March 3, 2021 | Armstrong Economics

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ASIA:
The Chinese government is set to kick off an annual parliamentary meeting this week for approving national priorities for 2021. The “Two Sessions” parliamentary meeting is slated to begin Thursday with the opening of the Chinese People’s Political Consultative Conference, an advisory body. The National People’s Congress legislature is scheduled to kick off its annual gathering on Friday. Authorities are expected to lay out details on topics ranging from employment targets to management of the semi-autonomous region of Hong Kong.
India is ready to offer incentives to ensure Tesla Inc’s cost of production would be less than in China if the carmaker commits to making its electric vehicles in the south Asian country, Reuters reported. Tesla registered a company in India in a step towards entering the country, possibly as soon as mid-2021. Sources familiar with the matter have said Tesla plans to start by importing and selling its Model 3 ele ....

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The majority of towns benefitting from new £1bn funding are Conservative constituencies

The majority of towns benefitting from new £1bn funding are Conservative constituencies
wigantoday.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wigantoday.net Daily Mail and Mail on Sunday newspapers.

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Lockdown fatigue, virus roadmap boosts UK retail footfall in February

Lockdown fatigue, virus roadmap boosts UK retail footfall in February
lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.

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