Calls grow for Rachel Reeves to reform inheritance tax system to raise billions
Labour’s shadow chancellor, Rachel Reeves, is being urged to reform inheritance and capital gains taxes to help address the UK’s growing fiscal deficit, with proposals from think tank Demos outlining potential changes that could raise up to £2.6 billion annually. Research
Saudi Sovereign Wealth Fund acquires 40% stake in Selfridges, sparking hopes for revival
Shoppers at Selfridges on Oxford Street may have been drawn to the vibrant Telfar pop-up last Monday, but behind the scenes, a significant deal was being finalised. Saudi Arabia’s Public Investment Fund (PIF) announced the acquisition of a 40% stake in
The global satellite IoT subscriber base to reach 26.7 million by 2028
The global satellite IoT communications market is growing at a good steady pace according to a new research report from specialist IoT analyst firm Berg Insight. The global satellite IoT subscriber base grew to surpass 5.1 million in 2023. The number
Mulberry rejects revised Frasers takeover bid as “unwanted distraction”
Mulberry’s largest shareholder has dismissed a revised takeover bid from Frasers Group, labelling the move a distraction at a critical time for the struggling luxury handbag brand. Challice, which holds a 56.1% stake in Mulberry and is controlled by Singaporean billionaires
Beyond the brush of Abe L. Orobia
Artist and art educator ABE L. OROBIA believes that forging one’s own path is of greater significance than relying on inherited fameDuring the height of the pandemic, artist Eleazar Abraham L. Orobia, better known as Abe, was one of those