In her debut Budget, Chancellor Rachel Reeves has introduced £40bn in tax hikes, largely focused on increasing employer National Insurance Contributions (NICs) and implementing a temporary repatriation facility for non-domiciled individuals. According to Nimesh Shah,…
Business
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Estonia has become a beacon for international entrepreneurs and businesses eager to expand within the EU. When you set up a company in Estonia, you gain access to an unmatched digital infrastructure, a transparent tax system,…
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The UK’s latest Budget has cast uncertainty over its reputation as a hub for entrepreneurship, with business leaders warning of a potential exodus of talent and investment. Shalini Khemka CBE, CEO of the entrepreneurial community…
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Chancellor Rachel Reeves has introduced a record-breaking £40bn tax rise in her first Budget, which the Office for Budget Responsibility (OBR) warns could stifle long-term economic growth. According to the OBR, Britain’s economy will expand…
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Business
Russia fines Google $20 Decillion – more than all the money in the world – in escalating sanctions dispute
A Russian court has handed Google an astronomical $20 decillion fine—an amount that vastly exceeds the total money supply in the world—after the tech giant blocked accounts belonging to several pro-Kremlin TV channels on YouTube.…
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Rachel Reeves announces the first Labour budget in 14 years, and the first to be delivered by a female Chancellor. Refresh this page as we follow live: Britain voted for change, she says. The government…
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Rachel Reeves’s anticipated inheritance tax (IHT) changes have sparked a sharp sell-off in UK stocks, with investors withdrawing nearly £300m from funds invested in small UK companies last month, according to Morningstar Direct. This represents…
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Rachel Reeves is expected to make climate change a core priority for the Bank of England in her first Budget as Chancellor, calling on Governor Andrew Bailey to give environmental concerns the same weight as…
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The UK’s minimum wage will rise to £12.21 an hour for over-21s in April 2025, marking a 6.7 per cent increase from the current £11.44, the Chancellor has announced ahead of the Budget. This move,…
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UK shop price inflation has reached its lowest point in over three years, providing a welcome reprieve for consumers and raising hopes for potential interest rate cuts. According to data from the British Retail Consortium…