• Capital Access

Hot Off The Wires - 22 November 2019


  • Jeremy Corbyn’s new manifesto unveiled plans to raise taxes and unleash a huge public spending drive, sparking fears that it would push the UK back to 1970s state intervention.

  • The Conservatives have unveiled plans for a 3% stamp duty surcharge for non-UK tax residents in an election pledge that effectively blames foreign purchasers for inflating property prices.

  • The Organisation for Economic Co-operation and Development has lifted its expectations for the UK's growth rate from 1% to 1.2% this year despite an increasingly gloomy global backdrop.

  • Government borrowing has increased to its highest October level in five years.

  • Ocado has been given the green light by the competition watchdog to stop calling itself a grocer after it sold half of its online retail business to Marks & Spencer.



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