Tag: Economic impact
Millionaire Entrepreneurs Push for £14bn Increase in Capital Gains Tax
Rachel Reeves has been encouraged by a group of millionaire entrepreneurs to consider raising £14bn through an increase in capital gains tax during the...
Starmer intervenes to save global summit amid cabinet dispute in London
Keir Starmer expressed his full confidence in transport secretary Louise Haigh after a dispute within the cabinet threatened to overshadow a key international investment...
Ed Davey criticizes Keir Starmer for rejecting reentry into EU single...
Sir Ed Davey Criticizes Sir Keir Starmer for Rejecting Reentry into EU Single MarketSir Keir Starmer has faced criticism from Liberal Democrat leader Sir...
Analyzing the Economic Impact of Casinos in the UK
Casinos have always been a significant part of the global economy, sparking thoughts of luxury, risk, and fun. But beyond the glitz and glamour,...
Hillingdon Pub Group’s VAT Campaign Benefits Drinkers: Cheers!
Drinkers in Hillingdon are in for a treat as a local pub group launches a campaign to lower prices by reducing VAT. The Wetherspoons...
Government’s First Big Mistake: Cutting Winter Fuel Allowance, Says Davey
Liberal Democrats leader Sir Ed Davey has criticised the Government’s decision to cut the winter fuel allowance for some pensioners, calling it the new...
Starmer visits Berlin to advance Brexit negotiations
Sir Keir Starmer, the Prime Minister, is currently in Berlin on a mission to reset the UK's relationship with Europe. He is set to...
Russia’s Rouble Plunges as Ukraine Seizes Territories
Investors in Asia experienced mixed trading as they awaited significant reports on the US economy, specifically the latest inflation figures. The Hang Seng in...
Principality Building Society’s Profits Halved by Lower Rates Despite Mortgage Boost
Principality Building Society reported a significant decrease in profits due to lower interest rates, despite an increase in mortgage lending. The company's profits were...
AI Funding Cancelled by Government Due to Spending Cuts
The Department for Science, Innovation and Technology (DSIT) announced that the new Labour Government has decided not to allocate £1.3bn in funding for UK...
London stocks surge as Bank of England slashes interest rates: Impact...
London stocks experienced a significant surge today after the Bank of England made the decision to slash interest rates. The FTSE 100 saw a...
Airbus Reports Sharp Decline in Earnings Due to £833m Charge in...
Airbus, a major aerospace company, recently reported a significant decrease in earnings. This decline was primarily attributed to a £833 million charge in its...
Reeves’ Financial Forecast Sparks Concern: Tax Hikes on the Horizon
Rachel Reeves’ financial forecast has sparked concern among economists and experts, who believe that tax hikes are on the horizon following her recent speech....
Reeves’ £22 Billion Black Hole Claim Contradicted by Hunt
In today's statement on the state of the public finances, Chancellor Rachel Reeves is expected to address a £20 billion black hole in public...
List of Cineworld closures in 2024: Jobs cut and theaters shutting
Cineworld, one of the nation's largest cinema chains, is facing financial difficulties and is planning to close at least 25 of its venues, resulting...