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Making the budgets add up as Holyrood election looms
Posted onBut, Roy added, the Treasury and the Department of Work and Pensions are coming back to perceived unaffordability of Westminster’s welfare budget, so we can expect new approaches to cuts and reduced entitlement. If that goes ahead, Holyrood will find itself facing further cuts in block grant.
Spending without thinking is a risk with unlimited contactless cards
Posted onKevin PeacheyCost of living correspondent and Tommy LumbyBusiness data journalist Getty Images Spontaneous spending is likely to rise if the limit on contactless cards is increased or scrapped entirely, academics say. At present, the need to press a four-digit PIN for purchases over £100 gives people a timely prompt about how much they are paying,…
Nottingham Michelin-starred chef calls for VAT cut
Posted onEarlier this month, new Prime Minister Andy Burnham announced a 20% cut in business rates for pubs, social clubs and music venues in England, telling them “the cavalry is coming”. Some hospitality firms welcomed the move but others in the industry, such as hotels and restaurants, questioned why the 20% cut to business rates would…
Trump signs order blocking states from enforcing own AI rules
Posted onUS President Donald Trump has signed an executive order aimed at blocking states from enforcing their own artificial intelligence (AI) regulations. “We want to have one central source of approval,” Trump told reporters in the Oval Office on Thursday. It will give the Trump administration tools to push back on the most “onerous” state rules,…
