MPs accused of ‘demonising’ US companies
MPs have been accused of “demonising” US multinationals over tax after Google was this week branded “evil” by the chair of an influential parliamentary committee. Amazon and Starbucks have also…
Singleton households dominate marketing
©Dreamstime One peson homes represent 30 per cent of all households in England and Wales Single-person households are becoming an increasingly dominant feature of British society in a demographic shift…
US wins breathing space on debt ceiling
The US will not have to raise the federal debt ceiling until September, said Treasury secretary Jack Lew on Friday, in another sign of how the resurgence of tax revenues…
Capital gains fuel visions of a free London
The scene is a dining room in south London. The family consists of a daughter in her mid-20s, her mother and father. They are enjoying the pleasures of red wine…
Global economy lacking demand growth
©Getty Christine Lagarde, the IMF managing director, captured a sense of fragmentation last month when she spoke of a “three-speed” global economy. On this week’s evidence, however, there are even…
US prepares red carpet for Myanmar leader
©AP When Thein Sein arrives in Washington on Monday as the first Myanmar president for almost half a century to visit the US capital, he may discover that the warm…
Spain records first surplus since 1971
Spain has recorded its first monthly trade surplus in more than four decades, a shift that highlights the collapse in domestic demand brought about by record unemployment but also the…
US consumer sentiment nears six-year high
US consumer sentiment rebounded at the start of May to the highest level in almost six years as more Americans, led by those on the highest incomes, felt better about…
Italy takes steps to boost economy
Italy’s new coalition government has adopted its first measures since taking office last month to stimulate the recession-hit economy, announcing the suspension of an unpopular housing tax in a big…
ONS analyses Olympics and Jubilee effects
The London 2012 Olympics were widely acknowledged a triumph and Britons greeted two extra days off last June to mark the Queen’s 60th year on the throne with cheer. But…