Tag #Economic Growth

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thetimes.com

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Jul 27, 04:10

UK Tax Policies Increase Revenue but Dampen Investment

The UK government's tax policies, including the frozen Isa allowance, increased capital gains tax, and stamp duty on UK shares, have significantly increased tax revenue, projected to reach £76 billion annually by 2030, impacting investor returns and potentially hindering economic growth.

UK Tax Policies Increase Revenue but Dampen Investment

The UK government's tax policies, including the frozen Isa allowance, increased capital gains tax, and stamp duty on UK shares, have significantly increased tax revenue, projected to reach £76 billion annually by 2030, impacting investor returns and potentially hindering economic growth.

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Reduced Inequality

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How have recent UK tax policy changes on savings and investments impacted investor returns and the overall economy?

The UK government's tax policies have significantly impacted savings and investments. The freeze on the Isa allowance since 2017, coupled with increased capital gains tax and dividend tax, has reduced returns for investors. This has led to a rise in taxes collected, projected to reach £76 billion annually by 2030.

theguardian.com

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Jul 26, 16:11

Tempsford: Planned New Town to House 350,000

The UK government plans to build a new town in Tempsford, Bedfordshire, potentially housing 350,000 people, near a new railway station on the planned East West Rail line, driven by a need for 1.5 million new homes and spurred by a report from UK Day One.

Tempsford: Planned New Town to House 350,000

The UK government plans to build a new town in Tempsford, Bedfordshire, potentially housing 350,000 people, near a new railway station on the planned East West Rail line, driven by a need for 1.5 million new homes and spurred by a report from UK Day One.

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Sustainable Cities and Communities

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How does the Tempsford development plan relate to the government's broader economic and housing policies?

The plan to transform Tempsford into a large new town is connected to the government's broader strategy for economic growth and infrastructure development, focusing on areas with high average earnings to house price ratios. The project's scale is unprecedented for the village, raising concerns about environmental impact and strain on local resources.

usa.chinadaily.com.cn

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Jul 26, 16:11

China's Nighttime Economy Booms with Food and Beverage Sales Surge

China's nighttime economy is booming this summer, with food and beverage sales surging due to extended business hours and convenient delivery services; popular restaurants report significant revenue increases, and the market size surpasses \$7 trillion.

China's Nighttime Economy Booms with Food and Beverage Sales Surge

China's nighttime economy is booming this summer, with food and beverage sales surging due to extended business hours and convenient delivery services; popular restaurants report significant revenue increases, and the market size surpasses \$7 trillion.

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Decent Work and Economic Growth

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How are online delivery platforms contributing to the growth of China's nighttime economy?

The increase in nighttime consumption is driven by several factors: longer summer days, young people working late, and the rise of online delivery platforms. This trend aligns with the government's focus on boosting consumption, and the nighttime economy's market size exceeds \$7 trillion, contributing significantly to economic growth. The convenience of delivery services is a major catalyst.

usa.chinadaily.com.cn

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Jul 25, 04:12

EU's Lagging Economy: Inefficiency and Protectionism Hinder Growth

Slow economic growth in the Eurozone (0.8-1.2% forecast) lags behind the US (1.7-1.8%) and China (~4%), partly due to inefficient practices and protectionist policies, especially concerning trade with China, which ignores historical trade surpluses and mutual benefits.

EU's Lagging Economy: Inefficiency and Protectionism Hinder Growth

Slow economic growth in the Eurozone (0.8-1.2% forecast) lags behind the US (1.7-1.8%) and China (~4%), partly due to inefficient practices and protectionist policies, especially concerning trade with China, which ignores historical trade surpluses and mutual benefits.

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Decent Work and Economic Growth

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How does the EU's approach to trade and economic relations with China contribute to its current economic challenges?

The EU's negative economic outlook is linked to internal inefficiencies and a protectionist stance towards China, despite a history of trade surpluses with China and mutual benefits from past collaborations. Blaming China for economic woes ignores the EU's own trade barriers and overlooks successful past collaborations. The EU's recent "de-risking" strategy may further hinder economic growth by neglecting the potential benefits of closer cooperation with China.

usa.chinadaily.com.cn

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Jul 25, 07:14

China's Five Cities Drive 70% of National Tax Refund Shopping Sales

China's designation of five cities—Shanghai, Beijing, Guangzhou, Tianjin, and Chongqing—as international consumption centers has yielded significant results, with sales from tax refund shopping in these cities accounting for 70 percent of the national total and a 94.6 percent year-on-year increase i...

China's Five Cities Drive 70% of National Tax Refund Shopping Sales

China's designation of five cities—Shanghai, Beijing, Guangzhou, Tianjin, and Chongqing—as international consumption centers has yielded significant results, with sales from tax refund shopping in these cities accounting for 70 percent of the national total and a 94.6 percent year-on-year increase i...

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Decent Work and Economic Growth

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What are the long-term implications of this initiative for China's economic growth and its position in the global tourism market?

The focus on digital, green, and healthy consumption, coupled with the expansion of tax refund services and the debut of numerous new stores, positions these five Chinese cities for continued growth as international consumption hubs. Shanghai's robust inbound tourism, with a 38.5 percent year-on-year increase in overseas visitors during the first six months, illustrates the strong potential for future expansion. The ongoing efforts to enhance the consumer experience suggest a sustained upward trend.

forbes.com

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Jul 25, 19:13

US Government Corruption Linked to Slower Economic Growth

A Cato Institute analysis ranked US federal judicial districts by corruption convictions (2004-2023), revealing a correlation between high conviction rates in states like Louisiana and Illinois and below-average income growth compared to states with low rates such as New Hampshire and Utah; this hig...

US Government Corruption Linked to Slower Economic Growth

A Cato Institute analysis ranked US federal judicial districts by corruption convictions (2004-2023), revealing a correlation between high conviction rates in states like Louisiana and Illinois and below-average income growth compared to states with low rates such as New Hampshire and Utah; this hig...

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Decent Work and Economic Growth

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What specific policies could effectively reduce corruption in the United States, considering the findings of this analysis?

The study reveals a correlation between higher public corruption conviction rates and slower economic growth at the state level. Louisiana and Illinois, with high corruption rates, showed income growth below the national average, contrasting with New Hampshire and Utah, which had low corruption rates and above-average income growth. This aligns with broader research linking corruption to reduced economic growth and investment.

bbc.com

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Jul 27, 10:11

Ireland's €112bn Infrastructure Plan: Can it Deliver?

The Republic of Ireland unveiled a €112bn National Development Plan for infrastructure investment, primarily addressing housing (€36bn) and transport (€22bn) shortfalls, fueled by a windfall from low corporation tax, despite concerns over worker shortages and past project delays.

Ireland's €112bn Infrastructure Plan: Can it Deliver?

The Republic of Ireland unveiled a €112bn National Development Plan for infrastructure investment, primarily addressing housing (€36bn) and transport (€22bn) shortfalls, fueled by a windfall from low corporation tax, despite concerns over worker shortages and past project delays.

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Sustainable Cities and Communities

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What are the primary challenges and potential roadblocks to the successful implementation of Ireland's €112bn infrastructure plan?

The Irish government announced a €112bn infrastructure investment plan, including €36bn for housing and €22bn for transport. However, concerns exist about the feasibility of this plan due to a shortage of construction workers and past delays in major projects like the Dublin Metro and National Children's Hospital.

europe.chinadaily.com.cn

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Jul 26, 16:11

Booming Nighttime Economy Fuels China's Summer Sales

China's nighttime economy is booming this summer, with food and beverage sales surging due to extended retail hours and convenient delivery services; popular restaurants report significant revenue increases from increased late-night orders and deliveries, aligning with a Ministry of Commerce report ...

Booming Nighttime Economy Fuels China's Summer Sales

China's nighttime economy is booming this summer, with food and beverage sales surging due to extended retail hours and convenient delivery services; popular restaurants report significant revenue increases from increased late-night orders and deliveries, aligning with a Ministry of Commerce report ...

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Decent Work and Economic Growth

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What is the primary driver of the significant increase in China's nighttime food and beverage sales this summer?

China's nighttime economy is booming, with food and beverage sales surging this summer due to extended business hours and convenient delivery services. Popular restaurants like Huda are experiencing significant revenue increases from increased late-night orders and deliveries, while chains such as Kuafood report a 10-30 percent sales increase in stores with extended hours.

europe.chinadaily.com.cn

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Jul 25, 10:18

China's International Consumption Centers Show Significant Growth

China's five designated international consumption centers—Shanghai, Beijing, Guangzhou, Tianjin, and Chongqing—have seen remarkable success, with tax refund sales accounting for 70 percent of the national total, driven by improved services and a surge in inbound tourism, particularly a 38.5 percent ...

China's International Consumption Centers Show Significant Growth

China's five designated international consumption centers—Shanghai, Beijing, Guangzhou, Tianjin, and Chongqing—have seen remarkable success, with tax refund sales accounting for 70 percent of the national total, driven by improved services and a surge in inbound tourism, particularly a 38.5 percent ...

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Decent Work and Economic Growth

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What are the key achievements and immediate impacts of designating five Chinese cities as international consumption centers?

Shanghai, Beijing, Guangzhou, Tianjin, and Chongqing have significantly advanced as international consumption centers in China, boosting sales revenue from tax refund shopping to 70 percent of the national total. This success is attributed to improved payment convenience and tax refund services, attracting more foreign visitors.

africa.chinadaily.com.cn

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Jul 25, 07:14

China's International Consumption Centers Show Strong Growth

China's five designated international consumption centers—Shanghai, Beijing, Guangzhou, Tianjin, and Chongqing—have seen remarkable growth, with tax refund sales accounting for 70% of the national total, driven by improved services and infrastructure, attracting 4.25 million inbound visitors to Shan...

China's International Consumption Centers Show Strong Growth

China's five designated international consumption centers—Shanghai, Beijing, Guangzhou, Tianjin, and Chongqing—have seen remarkable growth, with tax refund sales accounting for 70% of the national total, driven by improved services and infrastructure, attracting 4.25 million inbound visitors to Shan...

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Decent Work and Economic Growth

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How has the improvement of tax refund services and payment systems impacted inbound tourism in these cities?

China's initiative to cultivate these five cities as international consumption hubs reflects a broader strategy to boost domestic spending and compete with global cities like New York and London. The 94.6% year-on-year increase in tax refund shopping revenue in the first six months of the year demonstrates the policy's effectiveness.

dailymail.co.uk

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Jul 25, 04:11

UK Job Cuts Surge Amidst Labour's National Insurance Increase

Labour's £25 billion national insurance increase is causing the fastest job losses in the private sector since February, impacting economic growth, and potentially pushing the Bank of England to cut interest rates. The July PMI report shows private sector activity growing at just 0.1 percent, with s...

UK Job Cuts Surge Amidst Labour's National Insurance Increase

Labour's £25 billion national insurance increase is causing the fastest job losses in the private sector since February, impacting economic growth, and potentially pushing the Bank of England to cut interest rates. The July PMI report shows private sector activity growing at just 0.1 percent, with s...

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Decent Work and Economic Growth

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What is the immediate impact of Labour's national insurance increase on UK employment and economic growth?

The July PMI report reveals the fastest decline in private sector staffing since February, driven by Labour's national insurance increase and minimum wage hike. This policy, costing employers £25 billion, is squeezing profits and hindering hiring, resulting in decreased economic activity and meagre summer growth projected at 0.1 percent.

kathimerini.gr

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Jul 25, 10:18

Greek Economy Shows Growth Despite Persistent Structural Imbalances

The Hellenic Fiscal Council's Spring Report highlights persistent structural imbalances in the Greek economy, including large current account deficits, low productivity, and high public debt, despite projected 2.3% GDP growth in 2024; it emphasizes the need for productivity-enhancing policies and fi...

Greek Economy Shows Growth Despite Persistent Structural Imbalances

The Hellenic Fiscal Council's Spring Report highlights persistent structural imbalances in the Greek economy, including large current account deficits, low productivity, and high public debt, despite projected 2.3% GDP growth in 2024; it emphasizes the need for productivity-enhancing policies and fi...

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How do the report's findings on productivity, wages, and public debt relate to broader European economic trends and challenges?

While Greece's GDP surpasses 2019 levels, economic activity lags pre-crisis levels. The report highlights that labor productivity is only 55% of the Eurozone average, emphasizing the need for productivity-enhancing policies such as investment in education, technology, and infrastructure. These structural challenges, including high public debt and unemployment, necessitate sustained fiscal discipline and address aging population issues.

Showing 205 to 216 of 1,542 results