Hot Off The Wires - 12th November 2020
A review of capital gains tax commission by Rishi Sunak has recommended slashing the annual allowance and aligning rates more closely with income tax in a move that could raise billions of pounds for the Exchequer.
Pfizer’s chief executive sold shares worth millions on Monday, the same day the drug maker announced its coronavirus vaccine was more than 90% effective.
Whitbread, Britain’s largest hotel group, is set to reduce the thousands of job cuts it had proposed in a move that raises hopes of unemployment slowdown.
Alibaba, the Chinese ecommerce platform, had clocked up sales worth more than $70 billion by last night during the extended Singles’ Day shopping event.
Goldman Sachs expects the FTSE 100 to rise 14% by the end of 2021 as a widespread recovery and strong monetary support boost stocks.
What was the name of the Benedictine monk credited with inventing champagne?