Law and business: commercial news round-up 30.04.15
updated on 30 April 2015
With just a week to go until the general election, the news cycle is dominated by politically linked stories, many of which also have a business/economic slant. For a selection of these, and others, read on:
- The Economist takes a look at the differences between the Tory, Labour and Lib Dem spending plans, should they come to power.
- The UK economy expanded by just 0.3% in the three months to the end of March, but Robert Peston details why it’s not all bad news for the recovery and identifies which bits are keeping things going (ie, the services sector mainly). However…
- .. it may prove bad news for the Tory party, or rather, a "blow for Osborne’s growth and austerity mantra".
- HSBC has suggested that it may be looking for a new country in which to headquarter its business, following increased regulation, new taxes and "political attacks following errant behaviour" here in the United Kingdom.
- Falling oil prices have caused Shell’s profits to drop by 50%, amounting to a loss of nearly $4 billion, although this is not as major a loss as City forecasters were predicting.
Be sure to check the News section every Thursday for this weekly commercial news round-up. Follow @LawCareersNetUK and @CityLawLIVE on Twitter for instant business news updates.
