Hunt rejects OBR forecasts of Brexit hit to UK economy

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City AM

By Stefan Boscia Forecasts of the economic hit caused by Brexit from the UK’s budgetary watchdog are wrong, according to chancellor Jeremy Hunt. Hunt today said he doesn’t “accept” predictions by the Office for Budget Responsibility (OBR) that the UK’s economy will be 4 per cent smaller in the medium-term due to Brexit. Hunt told Sky News that policies he recently announced on regulatory divergence from Brussels, including on ditching the EU’s Solvency II directive on the insurance industry, will help boost the UK’s economic prospects long-term. Brexit has come back into focus over the past fe… Read More “Hunt rejects OBR forecasts of Brexit hit to UK economy”

Keir Starmer’s brand of blue collar progressivism is coming into focus

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City AM

By Stefan Boscia It’s been a good 12 months for Labour. Sir Keir Starmer’s party began 2022 with a small polling lead over the Tories and will finish it looking like a government-in-waiting, thanks largely to the risible collapse of two Prime Ministers and economically crippling stagflation. Pressure will now come onto the opposition leader to give away more of himself and to show the public how he will govern if he wins the 2024 election. Anyone wanting a preview need only look at his speech at the CBI’s annual conference this week. Starmer slaughtered another of the party’s sacred cows on Tu… Read More “Keir Starmer’s brand of blue collar progressivism is coming into focus”

Why better business planning can help us save the

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City AM

By Kimberly Butler The recent COP27 summit in Egypt has further reinforced the urgency of the climate threat. As countries, as organisations, and as individuals, we need to do far more to combat climate change, and act much faster than we’re acting today. I believe that finance professionals can play a crucial role in the collective effort to halt climate change and help accelerate the transition to a more sustainable future. To fulfil this role, however, they will need to evolve and expand their core skillsets and many need to rethink their approach to planning, budgeting and forecasting. Bro… Read More “Why better business planning can help us save the

Bitcoin steadies the ship as industry market cap steers a course towards $850 billion

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City AM

By Darren Parkin Bitcoin’s price change over the last week is steady at 0% this morning – a welcome respite from the volatility of the last few weeks. The original cryptocurrency continues posting higher highs and higher lows in the last few days, trading for $16,594 today. Ethereum is also clawing back ground, trading 3% higher over the last day at $1,202. The market cap of the entire crypto industry has inched higher to $837 billion from yesterday’s $827 billion. The third-generation cryptocurrencies seem to be benefitting from the flickers of positive sentiment. Solana has added another 8% … Read More “Bitcoin steadies the ship as industry market cap steers a course towards $850 billion”

Patrick Beverley Ejected For Shoving Deandre Ayton In The Back

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uSports.org

Toward the end of a game between the Los Angeles Lakers and Phoenix Suns Tuesday night, Lakers guard Patrick Beverley was ejected for shoving Suns center Deandre Ayton to the floor for standing over teammate Austin Reaves. Beverley stood by his actions after the game, claiming that Ayton had fouled Reaves hard and was taunting afterwards. “Got a person on the ground, two people looking over mean-mugging and puffing their chest out and referees don’t get into it to kind of separate it, control the game, so I’m going to stand up for my teammate,” Beverley said after the game. In a game the Laker… Read More “Patrick Beverley Ejected For Shoving Deandre Ayton In The Back”

The View’s Whoopi Goldberg & Joy Behar Slam COVID Testing Critics: ‘You Could Die’

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OK Magazine

Whoopi Goldberg and Joy Behar got heated on the Wednesday, November 23, episode of The View, after Internet users slammed Dr. Anthony Fauci and doubted the dangers of COVID-19. The public outcry came after Fauci announced he would be stepping down from his role as the Chief Medical Advisor to the President of United States, noting that it’s his belief that people should continue to get vaccinated and boosted, as well as testing regularly for the virus before attending holiday gatherings. “Now that suggestion set — people’s heads exploded from outrage,” Goldberg explained on Wednesday morning. … Read More “The View’s Whoopi Goldberg & Joy Behar Slam COVID Testing Critics: ‘You Could Die’”