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 - 7 hours ago

Warning tax rises could force care homes to close

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

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.

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%.

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 - 2 hours ago

Hermes Sales Rise 11% Despite Luxury Slowdown

Hermes reported a rise in sales for the third quarter but looking ahead, it cautioned about global economic, geopolitical and monetary uncertainties.

Business - The Wall Street Journal - October 24

These two ‘low tax’ states are getting socked with fast-rising property taxes

Nationally, property taxes in major cities have gone up 30% since 2019, according to a new Redfin analysis.

Business - MarketWatch - 2 days ago

Reeves signals business taxes will rise in Budget

Chancellor says companies understand government must make ‘difficult decisions’ to balance books

Business - Financial Times - October 14

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.

No tax rises in payslips for 'working people', vows minister

Bridget Phillipson refused to say if a small business owner was a "working person" in an interview with the BBC, ahead of Wednesday's Budget.

Tax rises needed to avert austerity, Starmer says

The prime minister gives a gloomy economic picture as he set out his justifications for "tough decisions" in the Budget.

Hunt warns that Reeves will ‘trash’ economy with business tax hikes

Shadow chancellor says he rejected Treasury advice to raise employers’ national insurance payments

World - Financial Times - October 22

Microsoft boss gets 63% pay rise despite asking for reduction

Satya Nadella asked for a reduction because of cyber attacks the firm suffered - but still saw his earnings increase massively.

CDC warns whooping cough cases are on the rise

The Centers for Disease Control and Prevention are warning that cases of whooping cough are on the rise, with more cases reported this year compared to this time in 2023. Dr. William Schaffner, a ...

Deutsche Bank warns of rising bad loan provisions

German lender posts record third-quarter profits but tells investors to brace again for credit risks

Business - Financial Times - October 23

Israel launches new strikes in Beirut despite U.S. warning

The Biden administration said it opposed Israel's recent tactics against Iran-backed Hezbollah in Lebanon, but the airstrikes keep coming.

UN peacekeepers in southern Lebanon staying put despite Israeli warnings to move

A spokesman for forces in the U.N. peacekeeping mission in southern Lebanon says it is maintaining its positions despite warnings to move from the Israeli Defense Forces

World - ABC News - October 18

Israel Steps Up Attacks Near Beirut, Despite U.S. Warnings

Israel carried out a series of strikes near the Lebanese capital on Saturday, killing two people fleeing a vehicle on a busy highway. Defense Secretary Lloyd J. Austin warned Israel to scale back ...

World - The New York Times - October 20