Business Royal jeweller cuts prices by 20% to counter impact of tourist taxBy Scott Dylan25 September 2024 This summer, McDonough offered a 20% discount to American and Australian shoppers, aiming to alleviate the impact of the 2020…
Business Significant action needed to stabilise UK finances, warns OECDBy Scott Dylan18 September 2024 The Organisation for Economic Co-operation and Development (OECD) has issued a stark warning to Chancellor Rachel Reeves, underscoring the urgent…
Economy UK debt could triple to 300% of GDP within 50 years, OBR warnsBy Scott Dylan13 September 2024 The Office for Budget Responsibility (OBR) has raised a serious alarm regarding the UK’s public finances. The independent watchdog projects…
Economy Non-dom tax reforms could cost Labour 1bn, warns Oxford EconomicsBy Scott Dylan4 September 2024 Oxford Economics has issued a stark warning regarding Labour’s proposed non-dom tax reforms, highlighting potential economic consequences.The reforms, set to…
Business Rachel Reeves to Address 19bn Financial Shortfall with Potential Tax IncreasesBy Scott Dylan26 July 2024 In light of mounting fiscal challenges, Labour Chancellor Rachel Reeves is set to disclose a significant £19bn shortfall in public…
Business Labour Could Cut Taxes by 16bn, Say EconomistsBy Scott Dylan27 June 2024 Economists have indicated that a potential Labour government could implement tax cuts amounting to £16 billion, taking advantage of increased…
Business Labour Abandons Pension Lifetime Cap Reinstatement in 800m U-turnBy Scott Dylan10 June 2024 In a significant policy shift, Labour has reversed its promise to reinstate the lifetime cap on tax-free pension savings, a…
