Ryanair warns air travel tax rises mean 10% of its UK flights could be cut

CEO Michael O’Leary says decision to raise passenger duty ‘will deliver cuts, not growth’

Business - Financial Times - 5 hours ago

Ryanair warns of fewer flights next summer due to Boeing aircraft delays

Airlines are increasingly frustrated by the global shortage of new planes

Business - Financial Times - October 16

Sweden abolishes tax on plastic bags despite warnings usage could rise

Levy that reduced usage by more than three-quarters in four years fell victim to rightwing culture wars, say critics. A tax that has reduced plastic bag consumption in Sweden by more than ...

World - The Guardian - Yesterday

Warning tax rises could force care homes to close

Social care providers say the sector is in "unprecedented danger" without more funding.

UK Treasury chief admits business tax rise could lead to lower than anticipated wages

U.K. Treasury chief Rachel Reeves has conceded that wages may rise by less than previously thought as a direct result of her budget decision to increase a tax that businesses pay for their employees

World - ABC News - Yesterday

Reeves eyeing £40bn in tax rises and spending cuts

Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.

Flutter chief warns on US betting tax rises

FanDuel owner says punitive duties could push customers towards unlicensed operators

Business - Financial Times - October 15

Workers warned Budget tax rises will hit their wages

Economists say tax rises in the Budget will mean employers have less to give as pay rises.

Funding cuts could mean death of Sámi languages, say Indigenous parliaments

Sweden and Finland plan to withdraw funding to safeguard nine languages defined as threatened by Unesco. The Indigenous parliaments of Sweden, Finland and Norway have warned that some Sámi ...

World - The Guardian - October 21

Reeves aims to close £40bn funding gap as she plans tax rises in Budget

Figure is significantly more than the £22bn fiscal hole the government previously identified

Business - Financial Times - October 15

Hong Kong cuts liquor tax in an effort to reignite its nightlife industry

Hong Kong’s leader has announced a cut in liquor taxes as the Asian financial hub hopes to revive its reputation as a travel destination with a vibrant nightlife and dining scene

World - ABC News - October 16

UK tax rises acceptable if part of pro-business Budget, CBI says

Rupert Soames believes companies will judge October 30 measures ‘in the round’

Business - Financial Times - October 15

UK’s rising fiscal burden narrows tax gap with Europe

Britain’s fiscal picture is closer to EU averages than it has been for decades

Business - Financial Times - 2 days ago

How will UK tax rises on private equity’s carried interest work?

Changes unveiled in Rachel Reeves’ Budget mean the performance fee will be treated as income from 2026

Business - Financial Times - Yesterday

Employers’ national insurance rise a risk for SMEs, tax experts warn

Keir Starmer refuses to rule out increase in this month’s Budget

Business - Financial Times - October 18

Warning 'pain' of tax hikes to hit jobs and pay rises

The chancellor says businesses will "contribute more" as she raises employer National Insurance to 15%.

Charities, universities and GPs warn NI tax rise will hit jobs and services

Funding boost will be wiped out by cost of meeting higher employer levy, say contracted service providers and education bodies

Business - Financial Times - 10 hours ago

UK Businesses Warn Starmer Against Raising Employer Payroll Tax

World - Yahoo News - October 15

Passengers stuck on planes and homes without power

Northern Ireland Electricity restored power to more than 10,000 customers over the course of Sunday.

UK farmers forced to cut food production to stay viable, warns NFU

Terrible harvest and falling subsidies force businesses to embrace greener alternatives, says Tom Bradshaw

World - Financial Times - October 14

UK tax raid on private equity could raise £1bn, say researchers

Analysis of HMRC data by Centre for the Analysis of Taxation comes as industry braces for Budget changes

Business - Financial Times - October 25

UK fuel duty rise would rekindle inflation, warn motoring groups

Rachel Reeves expected to axe 5p discount and weighs reinstating inflation-linked rises in Budget

World - Financial Times - October 18

How Trump Superfan Elon Musk’s Plan to Cut $2 Trillion in Spending Could Mean Economic Chaos

The GOP candidate has spoken of making the billionaire CEO in charge of a ‘Department of Efficiency,’ but experts warn those dramatic reductions could mean instability and turmoil.

Business - Inc. - 2 days ago

Higher UK air taxes will not deter private jet customers, industry bosses say

Passenger duty will increase 50 per cent for the largest private jets in 2026

World - Financial Times - 16 hours ago

Government to Launch Probe into Air Travel Competition Market

President Joe Biden has prioritized airline competition, stopping consolidation efforts throughout the industry.

Business - Inc. - October 24

FirstFT: US consumers continue to spend, spend, spend

Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election result

World - Financial Times - Yesterday

Starmer insists pro-growth policies on way after OBR’s budget warnings – UK politics live

PM says budget just ‘first step’ after watchdog said measures would make no difference to growth over five years. Rachel Reeves is now being interview on ITV’s Good Morning Britain.. She is being ...

World - The Guardian - Yesterday

UK’s borrowing costs rise as Reeves’s budget prompts fears of slower interest rate cuts

Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely. . UK government borrowing costs have risen to their highest level ...

World - The Guardian - Yesterday

Latest in Ryanair warns air travel tax rises mean 10% of its UK flights could be cut