Households worse off despite tax cuts – think tank
The chancellor's tax cuts won't make up for earlier tax rises and inflation eating into incomes. Source link
Budget tax cuts are a Tory con, says Keir Starmer
Labour says people are still being asked to pay "more for less", despite a cut to National Insurance. Source link
Birmingham City Council signs off 'devastating' cuts
Full council meeting votes through wave of cuts to services and a rise in council tax. Source link
Tesla's Berlin plant shuts down operations after suspected arson cuts power
Tesla employees near Berlin abandoned its Gruenheide plant on Tuesday after a substation that provides electricity to the facility caught fire in a possible arson…
Birmingham Council to vote on wave of budget cuts
The council declared itself effectively bankrupt last year and is trying to make £300m in savings. Source link
OPEC+ oil giants extend oil output cuts amid economic uncertainty
Russia is among the countries announcing cut extension, announcing an additional voluntary reduction of 471,000 barrels per day for the second quarter. ADVERTISEMENTSome members of…
TikToker's viral £14 under-seat Ryanair bag that cuts airline hand luggage fees
Social media influencer Emily Canham swapped check-in luxury for the viral under-the-seat Amazon bag following the latest trend to ditch airline baggage fees Source link
Furious Geri Halliwell demands scandal-hit husband Christian Horner cuts contact with colleague he ‘sexted’
IT was an anonymous email sent and designed for maximum impact. It landed in my inbox almost 24 hours to the minute since Christian Horner…
A growing hunger: Argentina’s soup kitchens battle Milei’s spending cuts | Hunger News
Buenos Aires, Argentina – It is an unusually hot Friday morning but the line outside the communal soup kitchen in Merlo — a town on…
Government’s overhaul of stage 3 tax cuts pass Senate
In short: The government's amendments to stage three tax cuts have passed the Senate.The overhaul will bolster the benefit of tax cuts for those on lower incomes.What's next? The…
Fed Rate Cuts Are Likely to Be Slow — But Not Necessarily Steady
Breadcrumb Trail LinksPMN BusinessThere’s a saying about how the Federal Reserve manages interest rates: They go up the escalator and down the elevator. This time,…
Torrential rain cuts roads in north Queensland, with warnings of more to come into Sunday
In short: Up to 300 millimetres of rain has caused flash flooding in north Queensland, cutting many roads and stranding residents on islands.The Bruce Highway has…
Angry motorists urge Chancellor Jeremy Hunt to make more cuts to fuel duty in Budget
TENS of thousands of drivers have today told Chancellor Jeremy Hunt to “Keep It Down” — and make more cuts to fuel duty. Campaigners FairFuelUK…
OPEC report shows uneven delivery of new oil production cuts
OPEC only partially delivered new oil production cuts in the first month of its latest supply pact, according to a report from the group. The…
Nemesis reminds us everyone has choices. And the stage 3 tax cuts debate heard the message
A critique of The Crown as the epic series went on was that the later episodes suffered from the fact the storylines did not see…
Network blackout cuts communications for millions in war-torn Sudan | Conflict News
All three of Sudan’s main internet providers are offline as the United Nations appeals for aid funds. All three of Sudan’s main internet operators were…
‘It’s immoral’: UN special rapporteur on UNRWA funding cuts | Israel War on Gaza
What impact will UNRWA funding cuts have on Gaza? Marc Lamont Hill speaks to UN Special Rapporteur, Francesca Albanese. The humanitarian situation in Gaza is…
With Australia’s economy at a turning point, are the stage 3 tax cuts enough to lift the government’s political fortunes?
The Australian economy is at a turning point. When the Reserve Bank meets this week for the first time in 2024, it will be assessing…
Meta, Amazon shares surge by $279 billion after cuts boost profit
Breadcrumb Trail LinksInvestorEarnings got a boost from tens of thousands of job cuts since 2022 and strong sales that beat analysts’ estimatesAuthor of the article:Bloomberg…
Treasurer brushes off suggestions broken promise on tax cuts opens door to negative gearing changes
The treasurer has brushed off suggestions the government may scrap the controversial negative gearing scheme after proving willing to break its promise not to touch…