Latest news with #InTheCity
Deccan Herald
26-06-2025
- Business
- Deccan Herald
Farage's reform would come top in UK election, YouGov finds
By Alex Farage's populist Reform UK would be the biggest party in parliament if the country held a general election today, according to a nationwide projection, underlining the political danger to Prime Minister Keir would win 271 of the 650 seats in the House of Commons, with Starmer's governing Labour party second on 178, polling firm YouGov said on Thursday. That would leave a hung parliament in which no party could govern alone. .FTA with India a smart approach to trade, says UK's new Industrial Tories, who already posted their worst ever general election result last year when they won 121 seats, would plumb new depths on just 46, while the Liberal Democrats would leapfrog them, winning 81 seats. Following Labour's landslide victory last year, another general election is not expected until poll highlights major changes in the UK's electoral landscape, as the country appears poised to move beyond the Tory-Labour duopoly that's dominated politics for a century. Amid disaffection over the state of the country's public services, Farage's right-wing outfit — which won just five seats last year — has been riding high in the polls. The Reform leader has warned he's coming for Labour after his party made huge gains in a set of local elections earlier this has emulated America's Department of Government Efficiency — DOGE — and pledged to slash waste in UK local councils. Former chairman Zia Yusuf told Bloomberg's In The City podcast this week that Britain is being held back by Labour's economic plans to increase control over Google in search .FragmentationThe YouGov survey also suggested Labour cabinet ministers including Deputy Prime Minister Angela Rayner, Home Secretary Yvette Cooper, Business Secretary Jonathan Reynolds, Defense Secretary John Healey and Education Secretary Bridget Phillipson would lose their seats if a general election was held now. Former Foreign Secretary James Cleverly, of the Conservatives, would lose his seat to Reform, YouGov and the Tories combined would win just 41% of votes, according to YouGov. That's half the level of their joint share as recently as 2017.'That a clear majority would now vote for someone other than the two established main parties of British politics is a striking marker of just how far the fragmentation of the voting public has gone over the past decade,' YouGov poll also sees the Scottish National Party, the Greens and Plaid Cymru advance. The pollster used so-called Multilevel Regression and Post-stratification modeling, which aims to give a more detailed electoral prediction than standard polling — its first such survey since last year's July 4 vote.
Bloomberg
15-05-2025
- Business
- Bloomberg
Could This Tax Overhaul Spark a UK Wealth Exodus?
Subscribe to In The City on Apple podcasts Subscribe to In The City on Spotify The UK government's plan to scrap the 'non-dom' tax status—a policy that allowed wealthy foreign residents to avoid taxes on overseas income—was designed to close a loophole and raise billions of pounds in tax revenue. However, according to a new study from the Centre for Economics and Business Research, it might end up costing the economy more than it brings in if just one in four of the 74,000 people affected chooses to leave the country. In this week's episode of In the City, hosts Allegra Stratton and Francine Lacqua sit down with Nimesh Shah, chief executive of Blick Rothenberg, to unpack what's at stake. 'A number of jurisdictions have popped up, which are offering very attractive tax incentives and holidays,' says Shah of other destinations the super rich could decamp for. 'The tax is definitely turning a lot of heads for people to consider those locations.' We also dive into how the policy could affect the UK's growth agenda, its potential ripple effects on inheritance tax and whether fears of a mass 'non-dom' exodus are overblown.
Bloomberg
02-05-2025
- Business
- Bloomberg
In the City: London May Be Coming for Wall Street
London is closing the gap with New York for the title of world's top financial center, according to the latest Global Financial Centres Index. Is it a signal that the the UK's efforts to rejuvenate its banking and investment sectors post-Brexit are starting to pay off? On this week's In The City, host David Merritt sits down with Chris Hayward, Policy Chairman of the City of London Corp., who makes the argument it is.
IOL News
25-04-2025
- Entertainment
- IOL News
Summer Walker to electrify Gauteng with her live performance at 'In The City'
US singer-songwriter Summer Walker attends the Baby2Baby gala at Pacific Design Center in West Hollywood, California, November 9, 2024. Picture: Michael Tran / AFP In an exciting development for South African RnB fans, globally acclaimed artist Summer Walker is set to make her highly anticipated debut in Gauteng this October. Following overwhelming demand after Walker was announced as the headliner at the popular Rocking the Daisies festival in Cape Town, she will take center stage at In The City, hosted at the SunBet Arena, Time Square in Pretoria. This highly awaited event, organised by STAY LOW, a prominent Johannesburg-based record label, in association with LVRN (Love Renaissance), offers a unique opportunity for fans to experience Walker's soulful performances in an intimate setting. Known for her thought-provoking lyrics and genre-defining sound, Walker has built a music career that includes era-defining albums such as "Over It" and "Still Over It", both of which have set charts ablaze and garnered a dedicated global fanbase.
Bloomberg
23-04-2025
- Business
- Bloomberg
In the City: The Risk US Tariffs Pose to the UK Economy
On Tuesday, Megan Greene, one of the Bank of England's most hawkish policymakers, said that while President Donald Trump's wave of global tariffs is likely to raise prices in the US, the effect in the UK could be the opposite. 'I think that the tariffs actually represent more of a disinflationary risk than an inflationary risk,' she says. On this week's In The City, host Francine Lacqua sits down with Bloomberg UK economy reporter Tom Rees to break down Greene's comments. They explore how US tariffs could create disinflationary pressure in the UK through trade diversion, and what that means for the BOE's outlook—including the likelihood of aggressive rate cuts and the use of quantitative easing.
