BLOOMBERG Chancellor of the Exchequer Jeremy Hunt will hand business a three-year tax break worth about £11 billion by replacing the UK’s most generous ever investment allowance with a temporary measure in next week’s budget, according a government official with knowledge of the matter. Corporation tax rises from 19% to 25% in April, when the so-called super-deduction also expires, a ...

BLOOMBERG Before this year, Dan Boardman-Weston hadn’t bought UK government bonds in more than a decade. Now yields close to 4% are putting short-dated gilts on his radar. New investors like Boardman-Weston, who runs BRI Wealth Management, are a boon for Chancellor Jeremy Hunt. He’s expected to focus the UK government’s bond sales on closer maturities when he unveils the ...

BLOOMBERG Rome’s mayor is betting an unprecedented investment surge will help the Eternal City present a more modern face to the world. Roberto Gualtieri, a former finance minister, has secured €13 billion ($13.8 billion) in national and European funding over four years to spruce up the Italian capital, after it lost ground to Milan and other European centers in terms ...