The Resolution Foundation has recommended that Rachel Reeves consider significant tax changes in the upcoming Budget, including increases to inheritance and capital gains taxes, to address the rising fiscal challenges faced by the government. The think tank’s report suggests that scrapping inheritance tax reliefs for agricultural property and business assets could generate £2 billion annually. Additionally, aligning capital gains tax ...
Rachel Reeves is being urged by the Resolution Foundation to implement a £9bn tax on pension contributions in the upcoming Budget to address rising government spending. The left-leaning think tank recommends that companies should be required to pay National Insurance on contributions made to staff pension schemes, arguing that the current tax relief is “unnecessary” and “arbitrary.” This proposal, however, ...
Experts say the Kremlin could include artificial intelligence (AI) in efforts to manipulate November’s presidential elections through influence schemes. The U.S. Department of Justice last week revealed indictments that were part of an ongoing investigation into alleged Russian government plots to try and influence American voters through a variety of disinformation campaigns. U.S. Attorney General Merrick Garland revealed a major ...
The UK government is nearing completion of a £500 million rescue package for Tata Steel’s Port Talbot plant, following the closure of its blast furnaces. The financing deal, initially developed under the previous government, aims to assist Tata Steel in transitioning to a more environmentally friendly production method by constructing an electric arc furnace to replace the current coal-powered process. ...
Google is facing accusations from the US Department of Justice (DoJ) of suppressing competition to gain dominance in the display advertising market, driving up costs for publishers and advertisers. The claims emerged on the first day of a landmark antitrust trial at a federal court in Alexandria, Virginia. “Google is not on trial because they are big, but because they ...
Entain, the gambling group behind Ladbrokes and Sportingbet, has reported a quicker-than-anticipated return to year-on-year growth in its British online revenues, thanks to strong performance in the second half of the year. The company’s unscheduled update revealed positive momentum continuing into the third quarter, driven by increased engagement from events such as the Euro 2024 football championships and the Paris ...
In today’s fast-paced business world, efficiency and organization are key to staying ahead of the competition. As such, an increasing number of businesses are turning to sophisticated tools to manage their daily tasks more effectively. Proposal management software has emerged as an indispensable solution for streamlining the proposal creation process, thereby enhancing productivity and winning rates. Below, we delve into ...
For SMEs, staying up to speed on search engine updates has never been more important to maintain visibility and drive growth. Google, the dominant player in search, regularly rolls out algorithm updates that can significantly shift the world of digital marketing. These changes can have a big impact on SMEs in particular, as they often operate with limited resources and ...
House Republicans’ plan to avert a partial government shutdown and crack down on election security surpassed a key hurdle Monday evening, though it’s headed for an uncertain fate in a chamber-wide vote this week. Speaker Mike Johnson, R-La., is aiming to pass legislation combining a six-month extension of fiscal year 2024’s federal funding levels, called a continuing resolution (CR), and ...
Foreign Affairs Chairman Rep. Mike McCaul said he still intends to haul in Antony Blinken on the Afghanistan withdrawal even after his sprawling report was completed, and will hold him in contempt of Congress if he does not comply. ‘This was a catastrophic failure of epic proportions,’ the Texas Republican told reporters on Monday. ‘This is a disgrace. I will ...