Chuka Umunna announces intent to become next Labour leader on Facebook
With Ed Miliband leaving the Labour party after its general election results, Chuka Umunna is only the second to officially declare he's part of the race to become party leader.
Despite economic worries, China should remain a big target for luxury good retailers
It's long been told that luxury good retailers will emerge as the most active and expansive retail sector. And despite the global economic slowdown, they have continued to do just that – albeit at a much slower pace. On average, such retailers operate in 25 countries and 50 cities worldwide, giving them the biggest global presence of retail sectors. But one country continues to stand apart from the rest as a major target: China.
UK households face drop in income
The Institute for Fiscal Studies has warned that UK households could face the most severe drop in income for 30 years.
CGT debate misses the point
The debate over the reforms to the capital gains tax regime is in danger of missing a key point. The real significance is not what they do but what they do not.