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The City contemplates its love-bomb Budget

Financial Times LogoFinancial Times6d ago

The City contemplates its love-bomb Budget - Financial Times

Quick Summary:

The sense of an economic Hail Mary, a desperate bid for growth at quite literally any costs, rattled markets, with gilts and sterling falling sharply.

And there were hints of more radical change that should be welcomed by business and others, such as an overhaul of a planning system that is “too slow and too fragmented”.

But there were 24 “illustrative sites” suggested as part of the government’s programme of investment zones, with 38 local authorities in contention for an area with generous tax and investment incentives.

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Article Details

Author / Journalist: Helen Thomas

Category: MarketsFinanceInvesting

Topics: Other Financial Policy Falling Promise Growth Potential Investment Being City Business

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23, 13:51:30

News Timezone: GMT -5:00

News Source URL:

Language: English

Reading Time: 5 minutes read

Article Length: 766 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 494418

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About Financial Times

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Main Topics: MarketsFinanceInvesting

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Update Frequency: 18 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 8h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

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Publisher ID: #3

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