Reading Time: 3 minutesUK: The Bank of England has cut the cost of borrowing, reducing the base interest rate from 4.5 per cent to 4.25 per cent, a decision that stems from concerns about global economic uncertainties, particularly US trade tariffs.
Reading Time: 3 minutesUK: Seven countries have issued warnings over travel to the UK in the wake of ongoing violent anti-immigration protests and riots. So far, India, Australia,
Reading Time: 5 minutesUK: In the Spring Budget 2024, Chancellor Jeremy Hunt revealed the government will freeze alcohol duty and cut National Insurance, as well as raise the VAT threshold for small businesses to £90,000.
Reading Time: 3 minutesUK: UK Chancellor Jeremy Hunt has announced that the 75 per cent discount on business rates [up to £110,000] for businesses in the hospitality, leisure and retail sectors has been extended by another 12 months as part of his Autumn Statement.
Reading Time: 5 minutesUK: Chancellor Kwasi Kwarteng has announced a series of tax cuts in a mini-budget aimed to boost economic growth.
Reading Time: 4 minutesUK: The UK government has unveiled an “unprecedented” support package that will place a cap on wholesale energy bills for businesses from 1 October, initially over a six-month period.
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