Browsing: economic impact News
Labour plans to raise employers’ National Insurance contributions by 1.2 percentage points, affecting businesses and economic forecasts.From April 2025, employers’ contributions will jump from 13.8% to…
Cruise tourism has achieved a remarkable milestone by generating a record $4.27 billion for the Caribbean and Latin America over the past year, showcasing the region’s…
The UK government is considering an increase in Air Passenger Duty as part of its upcoming Budget. This move is aimed at addressing a significant deficit…
Car production in the United Kingdom saw a marked decline in September, dropping by 20.6% as the industry pivots towards electric vehicles. This shift comes as…
The Thai Baht has surged to a five-year high against the U.S. dollar, raising significant concerns for Thailand’s economic sectors. This appreciation, although beneficial in certain…
The UK hospitality industry is ringing alarm bells as the scheduled end of business rates relief looms, threatening to quadruple costs.Industry leaders have urged Chancellor Rachel…
The UK hospitality sector faces a potential fiscal upheaval with business rates poised to quadruple by spring 2024. Industry leaders are urgently calling for Chancellor Rachel…
The Road Haulage Association (RHA) warns of severe challenges for the haulage sector if the current fuel duty freeze is lifted.Government speculation about a potential 7ppl…
Ryanair has issued a stark warning about potential flight reductions in the UK. The airline’s concerns focus on the possibility of increased aviation taxes in the…
Renowned author Nassim Nicholas Taleb raises alarms about the diminishing role of the US dollar.Amid de-dollarization trends, Taleb warns of potential global financial impacts.Taleb highlights policy…
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