Article content WEST PALM BEACH, Fla. (AP) — Already bracing for funding cuts under a new Trump administration, U.S. Treasury officials are calling on Congress to unlock $20 billion in IRS enforcement money that is tied up in legislative language that has effectively rendered the money frozen. Article content Hoping to unlock the funds in […]
Ministers should grant farmers an inheritance tax holiday to prevent unfair treatment under upcoming tax changes, according to the Institute for Fiscal Studies (IFS). The IFS has warned that the government’s proposed changes to agricultural taxes risk treating some landowners unfairly and could impact food security if not mitigated appropriately. Last month, Chancellor Rachel Reeves […]
Asda has appointed former chief executive Allan Leighton as its new chair, replacing Lord Stuart Rose amid ongoing challenges including an IT overhaul and declining sales. Leighton, who led Asda from 1996 to 2000, is set to steer the UK’s third-largest supermarket chain through a critical period of transformation. Lord Rose, 75, who served as […]
Casinos and bookmakers across Great Britain are set to face a mandatory £100 million annual levy to fund research, education, and treatment of gambling-related harms, under new government proposals expected to be announced imminently. The move aims to replace the current voluntary donation system with a statutory levy, compelling gambling operators to contribute a fixed […]
Annual salaries in the UK have increased at the fastest pace since 2021, driven by a surge in Christmas hiring that is revitalising the job market. According to job search engine Adzuna, the average advertised salary stood at £39,234 in October, marking a 6% increase compared to the same month last year. This is the […]
The Invest in Women Taskforce has achieved a significant milestone by securing over £250 million in funding aimed at supporting female entrepreneurs across the United Kingdom. This historic investment is backed by major financial institutions and organisations, including Barclays, M&G, the British Business Bank, Morgan Stanley, Visa Foundation, BGF, and Aviva. The funds are set […]