The UK’s largest supermarkets are set to face a collective £200 million increase in National Insurance contributions due to a two-percentage point hike in employer contributions…
Browsing: economic recovery
Britain’s major supermarkets face significant financial challenges with a looming increase in National Insurance contributions. This development follows the Chancellor’s budget announcement, projected to increase employer…
The M&S CEO labels proposed tax increases as a simplistic solution, potentially hindering economic recovery.The issue at hand is the government’s consideration of raising business taxes…
M&S CEO Stuart Machin has openly criticized the government’s approach towards tax increases.Chancellor Rachel Reeves is reportedly considering raising the national insurance paid by employers.Machin fears…
UK households are experiencing a boost in disposable income as inflation on essential groceries declines.According to a recent report, there has been a significant 12% year-on-year…
Keir Starmer highlights the daunting tasks ahead as Labour addresses the economic and social issues left by the Conservatives.The leader emphasizes patience and tough choices for…
Bangladesh has entered a new era of leadership amidst significant student uprisings and political change.Nobel laureate Muhammad Yunus has been appointed as interim Prime Minister after…
In a significant economic move, the Bank of England has reduced interest rates from 5.25% to 5%.This marks the first rate cut since the onset of…
After facing a decline in April, the retail sector experienced a significant rebound in May, according to ONS data.The Office for National Statistics (ONS) reported a…