Business Briefing 2016-11-21

The news today

  • This week will be dominated by the Autumn Statement and Black Friday. Already Hammond is expected to unveil big tax rises on employee benefits and May seeks solution to the productivity
  • CBI speech – Increase in R&D announced by Theresa May, who is setting out grand bargain with business. She has set out the terms, where the government invests to boost productivity and cuts corporation tax, in exchange for help tackling the worst excesses of capitalism
  • Tech news – Facebook puts faith in UK tech with pledge to add 500 jobs. Uber-style service to book carers ‘on demand’ has been launched nationally. Airbnb looks to secure 700 tax deals with cities
  • European politics – Political populism: Is Italy next? And in France, Sarkozy concedes as Fillon causes upset in primary. Merkel to seek fourth term as Germany’s leader
  • Brexit – Scotland and Wales win permission to intervene in Article 50 case
  • Tax and Pensions – Film investors face ‘life-changing’ bills for tax avoidance: Sports stars, financiers and celebrities caught out by Eclipse 35 investment scheme. Those working in the Self-employed, gig economy face calls to take out pensions
  • Planning – Garden city pioneers warn against looser planning rules: Town planner says development must not come at cost of quality of life
  • And finally, the so-called Snooper’s Charter passes into law . Some of the provisions of this act are going to take people by surprise.

Government Consultations and Announcements

EU news