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Sanae Takaichi: Japan stocks hit record after ruling party names pro-business leader
Japanese stocks have hit a record high after the country’s ruling Liberal Democratic Party (LDP) named Sanae Takaichi as its new leader, positioning the pro-business politician to be Japan’s next prime minister. The benchmark Nikkei 225 index closed 4.75% higher on Monday, ending the day above 47,000 for the first time. Takaichi, who has held…
What it was like inside the room with Donald Trump at Davos
Faisal IslamEconomics editor Getty Images I was in the room and saw President Trump enter and it’s fair to say he got a good welcome from the crowd, certainly at the beginning. A standing ovation. On top of that, there was an astonishing scrum to try to get in, with many turned away – even…
Boeing criminal case linked to fatal 737 crashes dropped
AFP via Getty Images Boeing will avoid a criminal charge in the US linked to two deadly 737 Max crashes, after a court granted a request from the US government to dismiss the criminal case. In his ruling, Judge Reed O’Connor said he “disagreed” that dropping the charge was in the public interest but said…
What are National Insurance and income tax and what could change in the Budget?
Getty Images There has been speculation that November’s Budget could see Chancellor Rachel Reeves break Labour’s pre-election pledge not to increase income tax, National Insurance (NI) or VAT for working people. It’s been suggested that she could extend a freeze to the income thresholds at which people start paying the taxes, or have to pay…
