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04 Jul, 24

EU hits Chinese electric cars with new tariffs

The European Union has raised tariffs on Chinese electric vehicles, as Brussels takes action to protect the bloc’s motor industry. BBC says. The new tariffs on individual manufactures range from 17.4% to 37.6%, which is on top of a 10% duty that was already in place for all electric cars imported from China. This could […]

29 Jun, 24

Businesses feeling negative about economy – survey

Guernsey business owners are feeling negative about the island’s economy over the next year, a survey suggests. BBC reported yesterday The Guernsey Institute of Directors (IoD) said traders who responded to its survey, external had said travel disruption, a lack of housing and the cost and availability of labour were among the main reasons they were losing confidence […]

23 Jun, 24

China-owned British Steel said to have requested £600m of taxpayer support

Chinese-owned British Steel has reportedly submitted a request for a package of taxpayer support worth £600m as it looks for assistance from the next government to upgrade to less polluting technology. The Guardian Said Government officials are due to review plans that set out the costs of switching from blast furnaces to electric arc furnaces at […]

17 Jun, 24

London becomes Europe’s largest stock market again

The UK’s main stock market retook its crown as Europe’s most valuable for the first time in nearly two years, data shows. BBC reports The total value of companies listed on the London Stock Exchange (LSE) hit $3.18tn on Monday, overtaking the $3.13tn total value of companies listed in Paris, according to Bloomberg data. Both […]

04 Jun, 24

Online fashion giant Shein to file prospectus for £50bn London float

Shein, which was valued at $66bn in its last fundraising, will file a confidential prospectus with the City regulator this month as it nears a blockbuster City listing. Sky news reported yesterday Shein, the online fashion behemoth, is on the verge of taking a huge stride towards a London flotation that would value it at […]

EU hits Chinese electric cars with new tariffs

Businesses feeling negative about economy – survey

China-owned British Steel said to have requested £600m of taxpayer support

London becomes Europe’s largest stock market again

Online fashion giant Shein to file prospectus for £50bn London float

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