Over 1,000 jobs have been lost, and 35 TGI Fridays branches have closed following a private equity-led rescue of the struggling UK restaurant group. The deal, orchestrated by the backers of D&D London, secures 51 TGI Fridays restaurants out of administration, saving approximately 2,400 jobs. However, the rescue has been overshadowed by controversy surrounding the treatment of staff at the ...
Rachel Reeves has been urged by Britain’s largest employers’ group to avoid implementing “anti-enterprise tax rises” in this month’s budget, as concerns grow over the potential impact on entrepreneurs and small businesses. The Federation of Small Businesses (FSB) has cautioned that raising taxes on capital gains and other business-related levies could harm the UK’s economic growth and discourage entrepreneurship. As ...
Britain is on track to experience the largest exodus of millionaires globally as wealthy individuals flee the country ahead of the Government’s planned crackdown on non-domiciled tax (non-dom) rules. According to analysis by the Adam Smith Institute, the share of the UK population classed as millionaires is expected to drop by 20% over the next five years, falling from 4.55% ...
Vice President Kamala Harris said political candidates should have to ‘earn’ support from voters, despite previous criticism for becoming the Democratic presidential nominee without having to run in any primary election in 2024. Harris was asked about why voters still have reservations about her during a ’60 Minutes’ interview that aired Monday night. ‘A quarter of registered voters still say ...
Will we see a major market top during the month of October? Dave breaks down three market breadth indicators and compares their current configuration to what we observed at the 2007 market top. He then goes through the charts and reviews market topping conditions from a breadth perspective using the McClellan Oscillator, Stocks Above the 50-day Moving Average, and New ...
: The State Department is facing heightened pressure to disclose information regarding its climate office staff members after a new lawsuit accuses them of stonewalling. Power the Future (PTF), an energy watchdog group, submitted a Freedom of Information Act (FOIA) request for an unredacted list of former Special Presidential Envoy for Climate (SPEC) John Kerry’s staff in January. SPEC has ...
Secretary of State Antony Blinken vowed Monday that the U.S. ‘will continue to work tirelessly’ to bring home the four American hostages who have now been held by Hamas for more than a year inside the Gaza Strip. The four that remain — Keith Siegel, 65, Sagui Dekel-Chen, 36, Omer Neutra, 22, and Edan Alexander, 21 — were abducted by the ...
Sen. JD Vance blasted the Biden-Harris administration on Monday for not doing enough to bring home the hostages that Hamas took from Israel during the deadly Oct. 7 attack one year ago. Vance, R-Ohio, spoke during the Philos Project’s Memorial Rally and March on the National Mall in Washington, D.C., briefly taking aim at President Biden and Vice President Kamala ...
Good morning and welcome to this week’s Flight Path. Equities saw the trend remain and as the week came to a close we saw more strong blue “Go” bars as price rallied close to prior highs. GoNoGo Trend shows that there has been a change in trend from “Go” to “NoGo” for treasury bond prices. After an amber “Go Fish” bar we ...
During today’s market analysis Carl laid out his reasons why we believe we are at a market top. He discusses the current market price action combined with exclusive DecisionPoint indicators to substantiate his position. Don’t miss his analysis. Carl also goes though the Magnificent Seven by analyzing the daily charts for a near-term perspective and the weekly charts to give ...