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Government borrowing costs jump on reports of Reeves dropping income tax rise
Reuters UK government borrowing costs have risen in reaction to reports the chancellor will not increase income tax in the upcoming Budget. The interest rate on 10-year government bonds, known as the yield, jumped to 5.56% from 5.44%, indicating the cost to government if it chose to borrow over this length of time. The jump…
Onchan residents cite traffic, tourism, and economy as key issues
Originally from Bulgaria, they have lived on the island for more than 14 years and have run a cafe in the town’s Village Walk area for the last three. Matevski said rising stock prices were “crazy”, adding that “every day our suppliers are coming with new prices and we’re trying to survive”. Slavova said: “We…
Americans have drawn a red line in Minnesota
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world It has taken the fatal shootings of two US citizens, but something has shifted in America. The violence by Immigration and Customs Enforcement agents in Minneapolis, and above all the killings of the…
Chip shops sell cheap catfish as traditional fish and chips
Steven Booth, 41, who was waiting in Crook’s chippy to buy his lunch, said: “My wife is from Thailand and over there catfish is often on the menu, it’s fantastic and I’m up for trying it, but it’s incredibly important you are told what you’re eating.”
The two farms in Senegal that supply many of the UKs vegetables
Between January and March, if you browse the fresh produce aisles of the UK’s biggest food retailers, including Tesco, Sainsbury’s, Asda, Aldi and Lidl, you’re likely to see spring onions, radishes, green beans, chillis, butternut squash, and cobs of corn, all labelled Produce of Senegal.
HMRC phone lines stay open as self-assessment tax deadline looms
“Making Tax Digital is the biggest tax change since self assessment and, with just over two months to go, time is running out to get ready,” said Victoria Todd, of the Low Incomes Tax Reform Group, which has produced a guide for those unsure of the changes.
