Tagged: economic growth

UK Economic Growth Centered on London in November 2023, Report Claims

Growth of the UK economy in November was reportedly centered on London, according to the latest NatWest Regional PMI survey. Inflationary pressures were also strongest in the capital, “with firms there recording the steepest rises in both input costs and average prices charged for goods… Read More

Startup Investments, Japan: Global Brain Teams Up with SMBC Group on its SMBC-GB Growth Fund

Global Brain Corporation, Sumitomo Mitsui Banking Corporation (SMBC), and SMBC Venture Capital Management Co., Ltd. will jointly establish JPY 30 billion “SMBC-GB Growth Fund” in order “to enhance its capabilities to invest in promising startups that will underpin future economic growth in Japan.” While many… Read More

India Slashes Corporate Tax Rates to Encourage Investments and Boost Economic Growth

India has slashed its corporate tax rates in order to encourage companies to make investments and help grow the nation’s struggling economy. Indian finance minister Nirmala Sitharaman noted that the base corporate tax rate would be reduced from 30% to 22%.  Shortly after the announcement,… Read More

LendInvest’s Survey Reveals: Nearly Half of Aspiring Property Developers Say Economic Growth Will Have the Greatest Effect on House Prices in the Next Five Years

On Thursday, LendInvest published the results of a survey of its LendInvest Property Development Academy attendees, which revealed that aspiring property developers have stated economic growth will have the greatest effect on house prices in the next five years. According to LendInvest, when asked what will have the… Read More

Things May Get Easier for Smaller Banks as Senate Banking Committee Moves forward with S.2155

The “Economic Growth, Regulatory Relief, and Consumer Protection Act” was approved by the Senate Committee on Banking today in a legislative move that may improve the environment for much beleaguered banking industry – most profoundly smaller banks. S.2155 found bipartisan support as the bill was… Read More

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