Browsing: economic impact News
Farmers across the UK gathered in Westminster to protest inheritance tax changes.The National Federation of Builders supports the farmers’ stance against tax changes.Construction faces similar challenges…
Major retailers express concerns over the recent Autumn Budget, highlighting potential negative outcomes.Chancellor Rachel Reeves announced an increase in National Insurance contributions from employers, leading to…
The HMRC is adjusting interest rates, lowering charges on overdue tax payments to 7.25% from 18th November. While this may seem advantageous, the reduction highlights a…
Economists are sounding alarms over the UK potentially losing £22bn in exports. This risk arises if former US President Donald Trump implements a proposed 20% tariff…
The prospect of a 20% tariff on UK imports to the US under Trump’s trade policies alarms economists. This move poses potential threats to key sectors,…
As one of the busiest airports globally, Heathrow has consistently demonstrated its strategic importance to the UK’s economy. The recent half-term period has pushed passenger numbers…
The upcoming festive season poses significant challenges for high street retailers in the UK. Many are grappling with rising costs and fiscal changes. New budgetary measures,…
The UK car finance industry is facing unprecedented disruption following a pivotal court ruling on commission disclosure. This decision compels lenders to re-evaluate their operations, creating…
The recent immediate increase in Capital Gains Tax (CGT) by the government is under review for its timing and potential effectiveness.The CGT rates for non-residential property…
With the government’s impending National Insurance increase, major UK supermarkets are set to face substantial financial ramifications. This tax hike, expected to be unveiled in the…
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