Britons and overseas visitors may soon find themselves paying a “hotel tax” on every overnight stay, under Treasury proposals designed to shore up the public purse as borrowing costs continue to climb. The potential levy, part of “modelling exercises” carried out by officials, mirrors the tourist taxes in countries such as France, where the nightly […]
Breadcrumb Trail Links PMN Business Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and steadfast economy, supporting the Federal Reserve’s go-slow approach to further rate cuts. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Jan 11, 2025 • […]
Article content LOS ANGELES (AP) — The wildfires that erupted this week across Los Angeles County are still raging, but already are projected to be among the costliest natural disasters in U.S. history. Article content The devastating blazes have killed at least 11 people and incinerated more than 12,000 structures since Tuesday, laying waste to […]
Article content (Bloomberg) — Enbridge Inc. is devising plans to rapidly boost capacity on its US oil pipeline system if the incoming Trump administration succeeds in kicking off a drilling boom. Article content The company sees an opportunity to move “several hundred thousand” more barrels of oil a day within the US in the next […]
HM Revenue & Customs is ramping up its scrutiny of “side hustle” earnings, requiring online platforms such as eBay, Vinted and Airbnb to submit information on users’ incomes for 2024 by the end of this month. However, concerns have been raised that the discrepancy between the UK tax year (April to April) and the OECD’s […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Jack Brook, Jim Mustian And Sara Cline Published Jan 11, 2025 • Last updated 3 hours ago • 6 minute read Article content NEW ORLEANS (AP) — The second-guessing began before the bodies had been cleared from the debris of the deadly Bourbon […]