Finance

Budget 2024: Minister refuses to rule out tax increases for people earning more than £100,000 | Politics news – Uptrends

by
Budget 2024: Minister refuses to rule out tax increases for people earning more than £100,000 | Politics news – Uptrends

A government minister refused to rule out increasing taxes on those with the highest incomes. Stephen Kinnock dodged the question nine times when Sky News correspondent Kay Burley asked whether people earning more than £100,000 a year were “working people”, under Labour’s definition. The Labor Party manifesto pledged not to increase National Insurance, VAT, or … Read more

Doubts are growing about the Reaction Engines rescue deal with the UAE Fund Business News – Uptrends

by
Doubts are growing about the Reaction Engines rescue deal with the UAE Fund Business News – Uptrends

The prospects of a rescue deal for Britain’s hypersonic aviation pioneer appeared to have dimmed this weekend when it emerged that talks with a Gulf-based government fund had stalled. Sky News has learned that negotiations between Reaction Engines and the UAE Strategic Development Fund, the investment arm of the Emirati Tawazun Council, about consolidating the … Read more

Budget 2024: The Minister of Health warns of “difficult and big choices” | Politics news – Uptrends

by
Budget 2024: The Minister of Health warns of “difficult and big choices” | Politics news – Uptrends

The Minister of Health warned of “difficult and big choices” in the budget, as he refused to rule out freezing tax thresholds. Wes Streeting told Sky News’ Sunday Morning with Trevor Phillips that the government “can’t fix 14 years in one budget” and there are a lot of choices “we have to make that we’d … Read more

Walmart sells a tiny house for under $16,000 – Uptrends

by

Prospective first-time homebuyers feel like they are at a disadvantage Prospective first-time homebuyers feel like they are at a disadvantage 04:49 These days, you can have almost anything shipped to your door from websites like Amazon and Walmart, including your home. Walmart is now selling a tiny house online for $15,900. The 19-by-20-foot “expandable prefabricated … Read more

Postal companies reach tentative contract with USPS that includes increased wages and air-conditioned trucks – Uptrends

by

Postal companies are seeking higher wages and better safety measures in the new decade Postal companies are seeking higher wages and better safety measures in the new decade 02:24 About 200,000 mail carriers have reached a tentative contract agreement with the US Postal Service that includes retroactive wage increases and a promise to provide workers … Read more

The first Japanese onsen, where several patrons relax naked together in the mineral-rich water, has opened in the United States. – Uptrends

by

One of Japan’s largest luxury hotel companies is planning to open an onsen hot spring resort in upstate New York, which it says will be the first Japanese-run project of its kind in the United States. Japanese spring baths – baths where patrons relax naked together in mineral-rich water of varying temperatures – are a … Read more

Whitehall presents plan to exchange crisis-hit post office | Business News – Uptrends

by
Whitehall presents plan to exchange crisis-hit post office | Business News – Uptrends

Ministers are exploring plans to hand ownership of the Post Office to thousands of subpostmasters across Britain in a landmark shake-up for the 364-year-old institution. Sky News has learned that the Department for Business and Trade (DBT) has asked BCG, a management consultancy, to study Post Office exchange options. The work is said to be … Read more

3i picks bankers to swallow pet food company Applaws for £500m | Business News – Uptrends

by
3i picks bankers to swallow pet food company Applaws for £500m | Business News – Uptrends

3i Group, the listed private equity group, has selected bankers to sell the pet food manufacturer behind leading brands including Applaws. Sky News has learned that 3i has appointed Harris Williams to run the MPM auction four years after it bought a controlling stake in the company. MPM, based in Manchester, was founded in 2002 … Read more

Settlement with former President Dancker “cost the British Central Bank £500,000” | Business News – Uptrends

by
Settlement with former President Dancker “cost the British Central Bank £500,000” | Business News – Uptrends

Tony Danker, the former director-general of the Bank of Britain, will receive nearly £500,000 from the business lobby group in a settlement reached almost a year after he was ousted in the midst of a wider sexual misconduct scandal. Sky News has learned that Mr Danker, who left the organization in April 2023, concluded a … Read more

BrewDog founder says entrepreneurs will abandon UK if capital gains tax increases | Business News – Uptrends

by
BrewDog founder says entrepreneurs will abandon UK if capital gains tax increases | Business News – Uptrends

The founder of BrewDog has claimed that entrepreneurs will abandon Britain if capital gains tax is increased. James Watt, founder of the brewery and pub chain, told Sky News that a significant increase in the tax would “do much more damage to our economy” and deal a devastating blow to every household’s prosperity. Mr. Watt, … Read more