Finance

Budget 2024: Small businesses call on government to ‘significantly increase relief’ to prevent lockdowns | Politics news – Uptrends

by
Budget 2024: Small businesses call on government to ‘significantly increase relief’ to prevent lockdowns | Politics news – Uptrends

Small businesses have called on the government to “significantly increase” the employment allowance to prevent them having to close after the Budget. Chancellor Rachel Reeves is set to raise National Insurance contributions paid by employers – despite promising not to raise taxes “for working people” – to help plug a £40bn black hole during the … Read more

TikTok founder Zhang Yiming has become the richest man in China with a fortune of nearly $50 billion | World news – Uptrends

by
TikTok founder Zhang Yiming has become the richest man in China with a fortune of nearly billion | World news – Uptrends

TikTok founder Zhang Yiming has become China’s richest man with a fortune of around $50bn (£38bn). The 41-year-old, dubbed the “King of Short Videos”, topped China’s Hurun Rich List for the first time with $49.3bn (£37.9bn). Mr. Yiming stepped down as CEO of ByteDance, TikTok’s parent company, in 2021. He is the 18th person to … Read more

Supermarket giants face £200m loss from price rise Reeves in NI | Money news – Uptrends

by
TikTok founder Zhang Yiming has become the richest man in China with a fortune of nearly billion | World news – Uptrends

Britain’s four biggest supermarket chains face paying an extra £200m in National Insurance contributions between them, as the Chancellor prepares to raise tens of billions of pounds from raiding companies. Sky News understands that Tesco, Asda, J Sainsbury and Wm Morrison could be hit by an additional tax bill from a two percentage point increase … Read more

How the Budget Could Make Things Worse for Millions of Working People With Severe Financial Problems | UK News – Uptrends

by
How the Budget Could Make Things Worse for Millions of Working People With Severe Financial Problems | UK News – Uptrends

Lori Williams struggles to make ends meet. Earning a low income with little support, she says she feels like she is “living on the bare bones” and is barely getting by. She is one of a large group of people from low-income families who find themselves in a precarious position, earning too little to comfortably … Read more

A rare coin, bought and hidden by an Ohio family for decades, is selling for more than half a million dollars – Uptrends

by
A rare coin, bought and hidden by an Ohio family for decades, is selling for more than half a million dollars – Uptrends

A rare New England threepenny piece will likely sell for $1 million at auction A rare New England threepenny piece will likely sell for $1 million at auction 02:30 An extremely rare coin, whose whereabouts have been a mystery since the late 1970s, sold for just over $500,000. The coin, struck by the U.S. Mint … Read more

Volkswagen plans to close factories and lay off tens of thousands of workers Money news – Uptrends

by
Volkswagen plans to close factories and lay off tens of thousands of workers Money news – Uptrends

Volkswagen plans to close at least three factories in Germany and lay off tens of thousands of employees. The rest of its plants are in Germany It is also scheduled to downsize, according to the head of the company’s business council, Daniela Cavallo. Europe’s largest carmaker has spent weeks negotiating with unions over its plans … Read more

Hospitality chief urges talks to avoid wave of subway strikes | Money news – Uptrends

by
TikTok founder Zhang Yiming has become the richest man in China with a fortune of nearly billion | World news – Uptrends

Hospitality industry bosses have urged trade unions to abandon a wave of London Underground strikes, warning they will put jobs at risk and businesses at risk of collapse. Sky News has seen a letter sent by Kate Nicholls, chief executive of UK Hospitality, calling on City Hall and the ASLEF and RMT unions to negotiate … Read more

Elon Musk says people who accuse Trump of endangering democracy are the real danger – Uptrends

by

Elon Musk, the world’s richest man, spoke to a packed town hall on Saturday in Lancaster County, Pennsylvania, where he downplayed the importance of… January 6 riot at the US Capitol He suggested mail-in ballots were a “recipe for fraud.” In response to a man who asked Musk about his message to young voters who … Read more

Interpath chief to step down over Deloitte ‘audit conflict’ | Money news – Uptrends

by
Interpath chief to step down over Deloitte ‘audit conflict’ | Money news – Uptrends

A former head of one of Britain’s largest auditing firms is set to step down as chairman of Interpath, the independent consultancy, due to a potential conflict of interest related to the selection of the private equity backer’s auditor. Interpath, which has been brought on board by billionaire Sir Jim Ratcliffe in his cost-cutting drive … Read more

US fast food giants, including McDonald’s, Burger King and KFC, pull onions from menus after E. coli outbreak | US News – Uptrends

by
US fast food giants, including McDonald’s, Burger King and KFC, pull onions from menus after E. coli outbreak | US News – Uptrends

Fast food giants have pulled fresh onions from their US menus after an E. coli outbreak at a McDonald’s restaurant that killed one person and sickened 49 others. McDonald’s, along with competitors including Burger King, KFC, Pizza Hut, and Taco Bell, have taken action, removing fresh onions from their menus at select branches in the … Read more