UK business group condemns Labour nationalisation plans, Brexit delay

Reuters | May 21, 2019

UK business group condemns Labour nationalisation plans, Brexit delay
Plans by Britain’s opposition Labour Party to nationalise utilities including the country’s electricity grid will damage investment as well as hurting many small shareholders, one of the country’s main business groups warned on Tuesday. Last week, Labour published plans to renationalise the country’s 60-billion-pound energy networks, taking companies such as National Grid, Scottish Power and SSE into public ownership.Utilities warned this would damage investment, and on Tuesday the Confederation of British Industry’s president, John Allan, said he feared the impact would spread beyond the businesses directly affected.

Spotlight

The Adopted Broward County Budget provides Broward County residents, and the Board of County Commissioners, with a funding plan for FY16. Three documents summarize the policies that were used to develop the budget; the financial and budgetary details that make up the budget; and most importantly, descriptions of the programs and capital projects that are provided with the public's funds. The Budget-in-Brief includes the County Administrator's budget message to the Board of County Commissioners. The message discusses budgetary policy issues and the concepts upon which the budget was developed. The Budget-in-Brief also includes an analysis of the County's primary revenue sources such as property taxes and sales taxes, a summary of the major changes in recommended appropriations, various budget highlights, a glossary of the terms used throughout the budget documents, and an overview of how the budget was developed. Two other budget documents provide additional information:

Spotlight

The Adopted Broward County Budget provides Broward County residents, and the Board of County Commissioners, with a funding plan for FY16. Three documents summarize the policies that were used to develop the budget; the financial and budgetary details that make up the budget; and most importantly, descriptions of the programs and capital projects that are provided with the public's funds. The Budget-in-Brief includes the County Administrator's budget message to the Board of County Commissioners. The message discusses budgetary policy issues and the concepts upon which the budget was developed. The Budget-in-Brief also includes an analysis of the County's primary revenue sources such as property taxes and sales taxes, a summary of the major changes in recommended appropriations, various budget highlights, a glossary of the terms used throughout the budget documents, and an overview of how the budget was developed. Two other budget documents provide additional information:

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