Yet the first budget of the Burnham era looks set to dodge the issue In John Healey’s first budget this week, we will finally get a sense of the economic policies that will deliver Andy Burnham’s pledge to end neoliberalism. Faiza Shaheen is executive director of Tax Justice UK Continue reading...
Removing tariffs on more than 100 products, including gherkins and baked beans, was one of five measures announced this morning before tomorrow’s budget Unison has particularly welcomed the announcement today about higher tax-free mileage rates being made permanent. But, in her response, Andrea Egan, Unison’s general secretary illustrated how there is a limit to how much goodwill a government can generate from small “everyday fixes”.
The proposed framework would guide economic decisions across successive administrations, with public consultation scheduled to end on 27 November before the document proceeds for consideration by government institutions.
The United Nations Deputy Secretary-General, Amina Mohammed, has challenged Nigerians to adopt a more confident, evidence-based approach when communicating the country’s economic reforms and development potential to the international community. Speaking during a fireside chat titled “Africa’s Next Development Frontier: Inclusive Growth, Resilience, and Human Dignity” at the 2026 Nigerian Economic Summit (NES) in Abuja, the UN chief underscored the direct link between domestic self-perception and international investor confidence.
Administrator BTG says 738,144 firms struggling as calls grow for more support for private sector in budget Business live – latest updates The number of UK businesses in financial distress has hit its highest level in more than two decades, as pressure grows on the chancellor to provide more support to the private sector in Wednesday’s budget. There were 738,144 businesses in “significant” financial distress in the third quarter of this year, up 1.6% compared with the same period last year, according to BTG.
Former vice president and presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar has pledged to support Nigeria’s gaming industry following reports that Lagos Life, a Nigerian browser game, raised $500,000 in an angel investment round three days after its developer was incorporated. His comments followed a report by TechCabal that Vatar Inc., the company behind Lagos Life, had secured $500,000 in an angel funding round at a valuation of $10m, three days after incorporation.
We have concluded most of the discussions and are fine-tuning the agreement, he said here while talking about the India-U.S. trade agreement
Anup Bagchi, an ICICI Group veteran, becomes the first outsider to head HDFC Bank in its three-decade history, succeeding Sashidhar Jagdishan amid governance concerns
Rolling coverage of the latest economic and financial news HSBC’s jump in profits are prompting fresh calls for new bank taxes in the budget. As the Guardian reported earlier this month, Healey has decided to tap the financial sector for additional revenue.
Ghana’s Constitution already recognises fiduciary obligations over communal land and trusteeship over public land and minerals. Parliament should enact a Land and Natural Resources Trusteeship Act, requiring community TRUSTS for substantial customary land transactions, protected accounts, independent audits, beneficiary representation and enforceable remedies, consistent with constitutional ownership and revenue arrangements.
OmniBSIC Bank Ghana Limited has been honoured with the African Banking Excellence Award for Growth, Innovation and Customer Value at the 12th International Forum on African-Caribbean Leadership (IFAL 2026), held in New York on the margins of the 81st United Nations General Assembly. Daniel Asiedu receives honorary citizenship of Stonecrest In a further recognition of Ghanaian leadership and contribution to economic development, Mr. Asiedu was also conferred with Honorary Citizenship of the City of Stonecrest, Georgia, on the sidelines of IFAL 2026.
Asia's fourth-largest economy grows 3.4 percent year-on-year amid strong semiconductor demand.
Ensign Global University and the University of Utah have graduated 20 entrepreneurs from the second cohort of the Master of Business Creation (MBC) programme, an initiative designed to help business owners strengthen their enterprises and create employment opportunities. Programme focuses on existing businesses The MBC programme is delivered through a partnership between Ensign Global University and the University of Utah, based in Salt Lake City in the United States.
Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, who unveiled the initiative in Abuja, said the tools would provide exporters and investors with reliable market information to guide business decisions, navigate trade requirements and translate economic reforms into industrial growth and job creation. Meanwhile, President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, NACCIMA, Jani Ibrahim, called for increased private-sector investment in value-added exports, competitive manufacturing and priority export value chains.
Donald Trump heads into the US midterm elections with an issue similar to his political foe Joe Biden.
My advice for Burnham’s first budget? We live by how we feel – an idea that orthodox economics gets wrong and Andy Burnham’s first budget looks set to get right.
By Yinka Kolawole The Bank of Industry (BoI) has secured more than €2.22 billion and N250 billion in new funding through major financing transactions concluded between 2024 and 2026, as the development finance institution intensifies efforts to bridge Nigeria’s industrial financing gap. Managing Director/Chief Executive Officer of BoI, Dr. Olasupo Olusi, disclosed this at a media roundtable, highlighting the bank’s capital mobilisation drive as a key pillar of its 2025–2027 corporate strategy.
30-share BSE Sensex declines 281.95 points to 73,316.21; 50-share NSE Nifty falls 63.15 points to 22,694.60
The Netherlands Ambassador to Ghana, H.E. Hans Akerboom, said his country was ready to work with Ghanaian stakeholders to identify practical solutions to challenges facing the sector and expand opportunities for local poultry farmers and businesses. He disclosed that Ghana imported poultry worth approximately €18 million from the Netherlands alone in 2024, while other supplies came from countries including Belgium, the United States and Brazil.
•Says stabilisation creates conditions for progress but doesn’t deliver it By Emeka Anaeto, Business Editor Amid ongoing debates among stakeholders over the performance of Nigeria’s three-and-a-half-year-old economic reforms, the Nigerian Economic Summit Group (NESG) has declared that the reforms have so far delivered a mixed bag of outcomes, with negative gaps far outweighing the positives. Welcoming an array of Nigerian business elites at the 32nd edition of the Nigeria Economic Summit in Abuja yesterday, the Chairman of NESG, Mr Niyi Yusuf, said that although the reforms had delivered a…
The Netherlands Ambassador to Ghana, H.E. Hans Akerboom, has expressed concern over Ghana’s dependence on imported poultry, saying the country imports about 80% of its poultry supply despite strong domestic demand. Speaking at a round-table discussion on the poultry industry in Accra on Monday, October 26, 2026, aimed at strengthening stakeholder collaboration in Ghana’s poultry sector, H.E. Akerboom said Ghana imported poultry worth approximately €18 million from the Netherlands alone in 2024.
New US import tax falls hardest on processed goods, the core of Nigeria’s small-business export economy. Having initially served businesses in Kenya and Ghana, Trade Pathways is now launching full coverage for Nigeria, driven by recent trade policy changes and the potential adverse impacts on Nigerian business owners.
Edmond Kombat, Managing Director (MD) of the Tema Oil Refinery (TOR), underscored the strategic importance of refining Ghanaian crude oil domestically, calling it a critical step toward retaining value in the national economy and fulfilling the President’s value-addition vision. Mr Kombat said since May 2026, TOR has received four five-million-barrel crude cargoes: Bonga, Baleine, Bonnie Light, and, on July 15, Ghana’s Jubilee Medium Sweet crude, an indigenous crude delivered aboard MT Apache.
Tech billionaires have raised more than $300m to oppose the billionaire tax proposal.