Monday, January 18, 2021

Firms cannot wait until budget for more Covid help, Rishi Sunak told | Confederation of British

In its budget submission to the chancellor, the CBI called for an immediate £7.6bn injection from the Treasury as part of a £17.9bn package designed to see the economy through lockdown, stimulate investment over the coming year and prepare the UK for the challenges of the coming decade.

"But almost a year of disrupted demand and extensive restrictions to company operations is taking its toll. Staff morale has taken a hit. And business resilience has hit a sobering new low."

Publisher: the Guardian
Date: 2021-01-19T00:01:41.000Z
Author: https www theguardian com profile larryelliott
Twitter: @guardian
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Liz Weston: How to make budgeting as painless as possible

Budgeting is a pain. But what’s more painful is a bill you can’t easily pay, debt that costs a fortune or not having enough money to retire.

Fortunately, you can have a useful, working budget without watching every penny. Automation, technology and a few simple guidelines can keep you on track.

The following approach works best if you have reasonably steady income that comfortably exceeds your basic expenses. If your income isn’t steady or doesn’t cover much more than the basics, you may need to track your spending more closely.

Publisher: seattlepi.com
Date: 2021-01-18 12:00:08
Author: By LIZ WESTON of NerdWallet
Twitter: @SeattlePI
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Newsom’s budget will make California’s problems worse – Orange County Register

California’s tax and regulatory burden are downright European, making it very difficult for small businesses to stay profitable even at the best of times. Californians earning a mere $59,000 per year face a 9.3 percent tax rate. Yet, Golden State residents get almost nothing in return for their massive tax burdens.

As a result of this climate, businesses and people are fleeing the state. In recent months, top executives, including Elon Musk, Larry Ellison, and Keith Rabois, have fled, taking tens of billions of economic activity and tax dollars with them. Census figures show that this outmigration isn’t limited to the top 1 percent, with more people moving out than moving in over the last few years.

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Publisher: Orange County Register
Date: 2021-01-17T07:38:28 00:00
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Stocks in Your Budget 2021 – JTEKT India a TOP pick says Market Guru; Explains why it is a

Top Stock to Buy with Anil Singhvi – JTEKT India: In today's edition of Budget 2021 Stock Picks with Zee Business Managing Editor Anil Singhvi, Senior Research Analyst Varun Dubey brings another stock that expected to bring handsome returns for the investors. This stock is from the auto ancillary segment and will be in flavour till the budget announcement on 1 February and even after it. Dubey tells why JTEKT India stands out for this counter.

The Senior Analyst said that it was earlier an Indian Company but now it is Japanese-owned. This is a multinational company and is a market leader in manufacturing steering systems. It also holds a strong foothold in the bearing segment through its subsidiary Koyo Bearings.

Publisher: Zee Business
Date: 2021-01-18T12:00:24 05:30
Twitter: @ZeeBusiness
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Mexico's America Movil to propose bigger budget for share buybacks | Reuters

MEXICO CITY, Jan 18 (Reuters) - America Movil, the Mexican telecoms company controlled by the family of billionaire tycoon Carlos Slim, said on Monday it would present a proposal to shareholders to raise the amount of money in its share buyback fund.

America Movil did not mention a figure for the proposed increase in its statement. (Reporting by Cassandra Garrison Editing by Dave Graham)

Publisher: U.S.
Date: 2021-01-18T14:39:50Z
Author: Reuters Staff
Twitter: @Reuters
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Hollywood may face another round of delays with slow vaccine rollout - Business Insider

Many Hollywood movie premieres could be delayed as the vaccine rollout fails to hit key targets set by the Trump administration.

If the vaccine rollout does not pick up speed, Hollywood will likely be forced to delay some of its biggest slated blockbusters for 2021 – again.

While January does not have any scheduled blockbuster films, studios have plans to start bringing more movies to the box office, starting in March.

Publisher: Business Insider
Date: 2021-01-18
Author: Grace Kay
Twitter: @businessinsider
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76% Of Enterprises Prioritize AI & Machine Learning In 2021 IT Budgets
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Publisher: Forbes
Date: 2021-01-17
Author: Louis Columbus
Twitter: @forbes
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Six things not to do when dealing with debt | Perspectives-On-Business | Business | The Chronicle

Q: I'm really worried for my boyfriend. He applied for his first credit card without telling his parents. They found out when someone called and asked him to make a payment. Now he's super stressed because he owes about $3,000 and his hours at work have been cut a lot. He decided to temporarily withdraw from school so that he could get another job and pay it off. Working extra should help, but he also keeps buying stuff and taking me out.

He should also take his credit cards out of his wallet and delete the details from any online payment system or retailer. Ideally, he should do whatever it takes to make it as cumbersome as possible for himself to use the cards until he's paid them off and can manage them more effectively.

Author: Scott Hannah
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