News Formal

US subsidies make UK financial reform urgent, business warns

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

LONDON : U.S. clean technology subsidies are sucking capital from Europe, making it more urgent to improve London as a global financial centre, business bosses told UK lawmakers on Wednesday.The Inflation Reduction Act (IRA), which offers $369 billion of tax credits, research loans and grants for clean te

LONDON : U.S. clean technology subsidies are sucking capital from Europe, making it more urgent to improve London as a global financial centre, business bosses told UK lawmakers on Wednesday.

Pension funds in Britain, which have long preferred safer assets like government bonds to stocks, need consolidation to achieve scale for investing in start ups, Symonds said. "The effect of what's happening through the Inflation Reduction Act across the whole of Europe is like a dirty great hoover on full suction mode," said Jonathan Hill, who authored a government-backed report on reforming UK listing rules.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 6. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Essity mulls selling Vinda stake and Consumer Tissue Private Label Europe businessSTOCKHOLM : Hygiene products group Essity said on Wednesday it has initiated a strategic review of its stake in China-based Vinda and its Consumer Tissue Private Label Europe business.The Swedish company said in a statement the aim of the review is to reduce its Consumer Tissue division's share of group
ソース: ChannelNewsAsia - 🏆 6. / 66 続きを読む »