Europe
Ireland urged to cut high tax rates to boost competitiveness
Ireland should slash personal tax rates in a bid to create jobs and take advantage of Brexit, according to a new report by accountancy and consulting firm EY.
Spain bemused by UK’s ‘war talk’ in Brexit row over Gibraltar
Spain has accused UK government officials of “losing their cool” in a row with the European Union over the future of Gibraltar post-Brexit.
Advisory firm PWS shuts Qatar office, to expand in Barcelona
Middle East advisory firm Prestige Wealth Solutions (PWS) has decided to close its Qatar office following the completion of its annual strategic business review.
‘Friendly’ markets a boon for European fund flows
Morningstar data shows European equity funds saw net inflows of €3.4bn (£2.9bn, $3.6bn) in February with equity ETFs performing well on the back of positive markets, with net inflows of €6.4bn.
Asset managers turn sour on Anglo-Saxon equities
With Theresa May formally triggering the start of the process that will take the UK out of the European Union, UK equity sentiment hit another record low. Return expectations for US equities also fell into negative territory.