By Huw Jones LONDON (Reuters) – A shift in banking and trading from London to the European Union after Brexit could mean a loss of 3-5 billion pounds ($3.9-$6.6 billion) a year in taxes, an academic and former banker told a committee in Britain’s House of Lords on Wednesday. David Miles, professor of financial economics […]
WASHINGTON — The Department of Agriculture is sending $1 billion to the country’s food bank networks, seeking to expand the reach of the system and revamp the way food banks acquire and distribute aid. The funding, announced Friday, comes half from the American Rescue Plan COVID stimulus bill and half from standard congressional appropriations. Like […]
By Jesús Aguado and Emma Pinedo MADRID (Reuters) – Spain’s tourism-dependent economy could shrink as much as 12.4% this year if its coronavirus lockdown lasts 12 weeks, before staging a vigorous recovery of at least 5.5% in 2021, the Bank of Spain said on Monday. The Spanish central bank said the disruption suffered by the […]
