CashNews.co Published : 21 hours agoon 27/11/2024 Amsterdam, 12 November 2024 – Small country, big numbers: The Netherlands has become a global hotspot for holding companies. Recent data from BoldData shows that the country hosts over 527,000 holding companies, the highest concentration worldwide. The USA ranks second with 375,079 holdings, followed by France with 240,673. […]
Finance Magnates9 in 10 UK and US Firms Overhaul FX Hedging Plans Following Donald Trump’s Election WinThe results of the 2024 US presidential election sparked a significant shift in corporate foreign exchange (FX) hedging strategies in the global market..11 hours ago #UKFinance
CashNews.co Finance Magnates9 in 10 UK and US Firms Overhaul FX Hedging Plans Following Donald Trump’s Election WinThe results of the 2024 US presidential election sparked a significant shift in corporate foreign exchange (FX) hedging strategies in the global market..11 hours ago Read More #cashnews #UK #finance
Google needs ‘right conditions’ to build more AI infrastructure in UK #UKFinance
CashNews.co Google is interested in building more AI infrastructure in the UK but needs the “right conditions”, the company’s UK boss has said. Debbie Weinstein, the technology company’s UK and Ireland managing director, said Google was “engaged actively” with the Government regarding future infrastructure and investments during a visit to the new AI Campus in […]
Dealmaking should thrive in Trump’s second term. Here’s why. #UKFinance
CashNews.co BGL Managing Director and Head of Services and Infrastructure Effram Kaplan joins Market Domination Overtime to discuss dealmaking activity projected for 2025. “From an administrative perspective, we’re quite optimistic about the market,” Kaplan tells Yahoo Finance, referring to President-elect Donald Trump’s incoming administration. Kaplan highlights several positive factors: First, he notes that the regulatory […]
UK house prices became slightly more affordable in 2024, Halifax says #UKFinance
CashNews.co By David Milliken LONDON (Reuters) – Buying a new home in Britain became a little more affordable this year as average wages rose faster than house prices and mortgage costs, the country’s largest mortgage lender said on Thursday. Halifax, part of Lloyds Banking Group, said the average house in the third quarter of 2024 […]
UK Financial and Diplomatic Developments: Key Updates #UKFinance
CashNews.co In a series of significant updates reported by the Financial Times, UK car insurer Direct Line has turned down a £3.3 billion acquisition proposal by Aviva. The company deemed the offer as ‘highly opportunistic’ and significantly undervaluing their business. Meanwhile, Mauritius expresses disquiet over the UK’s intentions to relinquish sovereignty over the Chagos […]
UK ready for ‘all eventualities’ if Trump launches trade war, says Reynolds #UKFinance
CashNews.co The UK is prepared for “all eventualities” if Donald Trump slaps import tariffs on goods from Britain, Trade Secretary Jonathan Reynolds said. The US president-elect has already announced plans to hit China, Canada and Mexico with tariffs as part of his efforts to crack down on illegal immigration and drugs. But he has indicated […]
Watchdog refuses to sign off UK public sector accounts over unreliable data | Public finance #UKFinance
CashNews.co The government’s entire public sector financial accounts are not fit for purpose, the official audit watchdog has said after the collapse of the “red flag” system that scrutinises billions of pounds of spending in local government. The National Audit Office (NAO) said it was impossible to sign off the government’s latest public spending figures […]
Inheritance tax loophole could save millions of Brits from 40% death duty | Personal Finance | Finance #UKFinance
CashNews.co Rachel Reeves’ Budget has left millions of UK residents questioning whether to make the move to retire abroad. Well, a certain change to non-dom rules may now be the push they need to take the plunge if they want to avoid paying inheritance tax (IHT). The Autumn Budget saw a major change to Brits […]
Electric vehicle targets not working as intended, says Business Secretary #UKFinance
CashNews.co Plans for boosting the number of electric vehicles in the UK are not working as intended, the Business Secretary has said on the day Vauxhall’s owner announced it would close its factory in Luton. Jonathan Reynolds told car manufacturers on Tuesday night he was “profoundly concerned” about how policies meant to phase out new […]