Over the past few decades, governments have sought to address the housing crisis by focusing on one primary solution – constructing new-build properties. While the construction of residential new-builds will naturally play a pivotal role in rectifying the current imbalance between housing supply and demand, commentators have criticised the targets set by the Government as being simply unattainable.
When Chancellor Sajid Javid goes to the dispatch box to deliver the 2020 Spring Budget on 11thMarch, those of us involved in the UK property market will be watching on with great interest. This is the first budget of new parliament, and the first budget of a new decade. And unlike recent fiscal statements, this looks set to deliver some substantial reforms.
Regardless of the outcome, the UK’s 2019 General Election promised to be a pivotal event. After nearly a year of Brexit delays, political infighting and general market uncertainty, Prime Minister Boris Johnson’s decision to call a general election in December was seen as an attempt to deliver a majority government.
Hong Kong (HK) has often grabbed global headlines, but lately, it has been doing so for the wrong reasons. The island has been gripped by protests over an extradition bill that seemingly would empower mainland China at the expense of HK locals. The Fugitive Offenders and Mutual Legal Assistance in Criminal Matters Legislation (Amendment) Bill 2019 was proposed following a murder case in 2018.
The last decade has brought about monumental change in how employers manage the mental health and wellbeing of their employers. We have seen businesses put increasing emphasis on work/life balance initiatives with the aim of alleviating some of the pressures of modern working and keeping their people engaged and productive.
In the age of hypersonic-weapons, 5G communication, AI (artificial intelligence) competition and weapons programs that produce weapon strikes in under an hour (such as the US military’s Prompt Global Strike, or PGS, which can deliver accurate weapons to any place on earth within 60 minutes), space only seems to be the next frontier.
The acrimony between the United States and China has a technological aspect that could lead to a faceoff. This is the result of the underdog Chinese industries challenging the established American industrial complex. The winner of this standoff will dictate global economic activity for the foreseeable future.
In the decade succeeding the financial crisis, one of the biggest developments in the world of wealth management has been the rise of the family office. But what is a family office, and how has their proliferation already begun to change how ultra-high-net-worth individuals (UHNW) manage their assets?
Recently, Iran has been experiencing increased tensions with the United States and its allies over the rollback of the Iran nuclear deal. These hostilities will affect decision-making matrices for all of the important players in the world of finance and banking.
The sheer shock of war can make reconstruction a puzzle that needs to be solved. This is because the very institutions that were supposed to support reconstruction are often the first victims of war. Therefore, reconstruction often becomes a chicken-and-egg problem, in which destruction breeds uncertainty that, in turn, breeds further destruction.