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PwC says young recruits are hungry for careers and plans to hire more graduates
Posted onThe government had hit business too hard when it raised employers’ National Insurance contributions in autumn 2024, followed by bigger than expected rises to minimum wage rates, and new employment rights, which had deterred businesses from hiring, investing and growing, he said.
No 10 denies Reeves misled public in run up to Budget
Posted onDowning Street has denied Rachel Reeves misled the public about the state of the public finances ahead of this week’s Budget. In the run-up to Wednesday’s statement, the chancellor repeatedly talked about a downgrade to the UK’s predicted economic productivity that would make it hard for her to meet her spending rules. But in a…
Anthropic boss rejects Pentagon demand to drop AI safeguards
Posted on“We will not knowingly provide a product that puts America’s warfighters and civilians at risk,” Amodei said. “Without proper oversight, fully autonomous weapons cannot be relied upon to exercise the critical judgment that our highly trained, professional troops exhibit every day. They need to be deployed with proper guardrails, which don’t exist today.”
One million people missed HMRC tax return deadline
Posted on“Thank you to the millions of people and agents who filed their self assessment tax return and paid any tax owed by 31 January. Anyone who missed the deadline should file their return as soon as possible, as penalties and late payment interest may be charged,” said Myrtle Lloyd, HMRC’s chief customer officer.
Bank of England expected to cut interest rates
Posted onKevin PeacheyCost of living correspondent Getty Images Policymakers at the Bank of England are expected to cut interest rates – bringing the Bank rate down to its lowest level since February 2023. Analysts are widely predicting a fall from 4% to 3.75%, although they do not expect a unanimous decision among the nine-member Monetary Policy…
