Vaping products will come in october 2026 and the existing tax on tobacco will increase. The chancellor says thats in order to maintain the financial incentive to choose over smoking. Windfall tax on the profits of energy firms draw will be extended into 2029 even that was previously scheduled to end in 2028. Increase in flight duty for Business Class tickets, non dom tax free dream on People Living overseas and didnt that it will be replaced with new rules from april 2025. Bigger picture the uk economy now. The obr, office of budget responsibility predicts the economy is going to grow and add 1. 9 we are currently on a technical recession. Inflation rate forecast to fall below 2 target this year but the underlying debt. But the underlying debt, excluding Bank Of England debt, is forecast to be 91. 7 of gdp this year, rising to 92. 8 next year. The government also kept a freeze on alcohol duty, there is a lot to chew over and we have tried to bring up to date on the main headlines but
quite good value for money and people think i am insane for saying that but what other eventin saying that but what other event in the world have you got where everybody is watching the same thing at the same time and everybody is talking about the adverts? good to have you with us. let s talk business with me, sally bundock. we start with walt disney because the century old entertainment giant is battling to turn itself around in a fast changing world. disney s shares have lost over half their value since 2021, wiping out around $200 billion, on concerns it s not adapting fast enough to our changing media habits. some shareholders are pushing for disney to be broken up. on wednesday, disney came out swinging, with better than expected numbers and handouts to investors in the form of share buybacks and bigger dividends. it has also announced a big move into the gaming world, buying part of fortnight publisher epic. erin delmore has more. disney says it s on pace to bring in m
Business cycles and markets are not linear - but like a wave - a bit like the sine curve! As Howard Marks says, “Cycles clout is heightened by the inability of the investors to remember the past.”
happening in the world stage. there is a lack of investment in infrastructure in international oil companies, and the reason for that is to do with the psychical nature of the industry. it is a boom and bust industry, energy, and that has a massive impact on investment cycles, on capacity and ultimately the price that consumers pay for their energy. but right now it is boom, it is boom time, and everyone is looking to bp, which decades ago said the p stands for beyond petroleum, to invest in a renewable, sustainable future, and shell and all the other rivals, so what are we seeing when it comes to that? it has got the boom time, what is it doing to invest in our future? ~ , is it doing to invest in our future? is it doing to invest in our future? ~ , . ., ~ future? well, they are making hue future? well, they are making huge investments future? well, they are making huge investments in future? well, they are making huge investments in energy i huge investments in energy transition