Small businesses are bracing for a major shake-up after it emerged the Treasury is considering slashing the VAT registration threshold from £90,000 to just £30,000. The move, reportedly under review ahead of the November 26 Budget, would pull tens of thousands of sole traders and small firms into the VAT system for the first time, forcing them to charge customers ...
Patrick G. Eddington On September 22, Trump issued his long-threatened executive order (EO) designating an idea—antifascism, known by its shorthand version, Antifa—a “domestic terrorist organization.” Yes, on the surface, the EO is idiotic on multiple levels. The notion that an idea can be designated an organization is one. The fact that there’s no constitutional provision or statute granting any president ...
Gold has surged to a fresh all-time high, fuelling predictions it could break through the $4,000 mark before the end of the year. The precious metal climbed to $3,778 per ounce this week, up 42% since January, while silver reached $42 per ounce – a gain of 45%. The rally has been underpinned by a combination of central bank buying, ...
President Donald Trump canceled a meeting with top congressional Democrats on Tuesday over ‘unserious and ridiculous demands’ as the deadline to fund the government fast approaches. Senate Minority Leader Chuck Schumer, D-N.Y., and House Minority Leader Hakeem Jeffries, D-N.Y., were set to meet with Trump on Thursday to discuss a path forward to avert a partial government shutdown before the ...
In her new book, former Vice President Kamala Harris indicates that President Joe Biden’s unpopularity harmed her 2024 presidential bid, suggesting that among the issues was the president’s ‘perceived blank check to [Israeli leader] Benjamin Netanyahu in Gaza,’ Axios reported. ‘I had pleaded with Joe, when he spoke publicly on this issue, to extend the same empathy he showed to ...
Newly confirmed U.S. Ambassador to the United Nations Michael Waltz will work to ‘Make the U.N. great again,’ while working to root out antisemitism, eliminate ‘woke’ programs and become more aggressive in telecommunications, aviation, space and more, sources familiar with his priorities told Fox News Digital. Waltz, a retired Army National Guard colonel and former Green Beret, previously served as ...
Thousands of British technology workers face soaring costs after Donald Trump confirmed plans to impose a $100,000 (£74,000) fee on specialist US visas. The dramatic increase applies to the H-1B visa, which is widely used by tech companies to hire foreign workers. Last year, 1,462 Britons received H-1B visas – more than any other European nation – while 985 have ...
Boohoo has warned suppliers that payments could be delayed as the fast-fashion group grapples with growing financial pressures. The retailer, which also trades as Debenhams, wrote to some suppliers saying it was “running behind on payments” and asked how much stock they could deliver in September without receiving further payment, according to an email seen by Business Matters. The warning ...
Amazon is shutting down all 19 of its Amazon Fresh grocery stores in the UK, putting around 250 jobs at risk as the company pivots towards online sales and expands its Whole Foods brand. The US retail giant confirmed it has launched a consultation process with employees, warning that while some staff may be redeployed elsewhere in the business, many ...
The UK is forecast to have the highest rate of inflation among the world’s richest economies this year, according to the Organisation for Economic Co-operation and Development (OECD). In its latest outlook, the OECD raised its prediction for UK inflation to 3.5% across 2025, up from a previous estimate of 3.1%, citing rising food prices and higher business costs. Although ...