Consumer goods giant Unilever has paused the launch of its ice-cream arm on New York’s stock exchange due to delays at the bourse’s security commission. The US government shut down …
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UK government borrowing soars in September to highest in five years
UK government borrowing soared north of £20bn in September, official data has revealed, in another blow for Rachel Reeves as she gears up for a painful tax-raising Budget next month. …
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The top one per cent account for a third of tax revenue
The top one per cent of taxpayers account for around a third of all income tax and capital gains tax paid in 2023-24, it has been revealed. According to HMRC, …
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HSBC shares jump after naming top Natwest boss as new UK chief
European banking juggernaut HSBC enjoyed a bump in its share price as markets opened on Monday after the bank named its new UK boss. David Lindberg, who most recently led …
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Bodycare: Creditors to lose millions after retailer’s collapse
Bodycare owed more than £30m when it collapsed into administration with the loss of around 1,400 jobs, it has been revealed. The high street health and beauty retailer fell over …
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Analysts dampen outlook for FTSE 100 banks as tax clouds gather
The UK’s top banks are gearing up for a third-quarter reporting season where all eyes will be on the Labour government’s second Autumn Budget. Speculation of a bank tax hike …
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Reeves ‘flying blind’ on non-doms as ultra-rich couple move to Milan
Rachel Reeves will go into next month’s budget “flying blind” over the number of non-doms that have left the UK, a new report has warned on the day that a …
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Henrys face horrid Budget amid looming tax raid
High Earners Not Rich Yet individuals, also known as Henrys, are bracing for a horrid Budget as they could face a tax rate higher than a current level of 60 …
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On this day: Nelson’s victory at Trafalgar
On This Day, 21 October 1805, Britain’s greatest ever naval hero proved conclusively that Britannia rules the waves… and died in the process, writes Eliot Wilson Today, 21 October, in …
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Rugby League: Wembley Ashes Test to set UK attendance record
The first rugby league Ashes series in over two decades is set to see a record attendance for its first Test at Wembley between England and Australia. The Rugby Football …