Britain « TILE Financial

Posts Tagged ‘Britain’

Friday, August 6th, 2010

India experiences colonialism role reversal as Britain scrambles to hook into their budding economy.

The British Prime Minister, David Cameron, plans a visit to India that will focus on increasing trade between the two countries.
Mr. Cameron’s trip indicates the global economy’s shift towards developing nations and his commitment to latch onto India’s booming business world.
During Cameron’s trip he will ring the opening bell on the Bombay Stock Exchange, introduce a solar-powered mobile handset and deliver a speech entitled “U.K. and India: A New Economic Partnership” to bankers and businessmen.

British companies Marks & Spencer and Bentley Motors have started investing in India in recent years to tap into new wealth.

“India is an incredibly dynamic market that will grow substantially in the next five to 10 years.” - Stephen Phipson, President, Smiths Detection.

Friday, June 25th, 2010

To tax or not to tax? Will imposing a carbon tax have enough advantages to not disgruntle the British population?

A British economic-modeling firm (Cambridge Econometrics) evaluated the effect a carbon tax would have on the country’s economy and environment.
The results were mixed. Experts found the tax would boost the overall economy by increasing gas-fired power stations and decreasing expensive wind power operations. However, Britain depends on gas already, and encouraging its use would only speed up the country’s dwindling supply.
A carbon tax would also be much simpler than then hodgepodge of environmental laws and tax breaks already in place. The tax would regulate the price of carbon so that if people pollute, they pay for it, encouraging greener technologies.