Latest in Backdoor Hike
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UK ministers accused of £2.7bn ‘backdoor hike’ in business rates
Chancellor will taper relief for thousands of shops, pubs and restaurants over next two yearsBusiness - Financial Times - 22 hours ago -
Amazon CEO Andy Jassy denies that 5-day office mandate is a 'backdoor layoff'
Amazon CEO Andy Jassy denied speculation that the recently announced RTO mandate was made to further reduce head count or appease city officials.Business - CNBC - November 6 -
Chancellor set to hike employers' National Insurance to raise £20bn
Rachel Reeves is also expected to lower the threshold for when employers start paying the tax, in next week's Budget.Top stories - BBC News - October 26 -
Treasury must compensate Scotland for tax hike - Robison
The Scottish finance secretary has warned a rise in National Insurance could cost the government £500m.Top stories - BBC News - October 31 -
GPs demand protection from Budget tax hike
GPs are warning that a rise to National Insurance from next April could force them to cut staff.Top stories - BBC News - November 1 -
Reeves 'not immune' to criticism over NI hike
The chancellor defends the rise in employer contributions telling BBC public finances had to be strengthened.Top stories - BBC News - November 3 -
'Conversation' will take place on tax hike compensation - Sarwar
The Scottish Labour leader says discussions will involve the chief secretary to the Treasury and the Scottish governmentTop stories - BBC News - November 3 -
Oil Jumps as OPEC+ Further Delays Output Hike
Oil prices rose after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid growing concerns about weaker global demand and lower prices.World - The Wall Street Journal - November 4 -
The Papers: Kate 'back on duty' and tax hike 'backlash'
The Princess of Wales' return to public duties and reaction to tax hikes unveiled in Chancellor Rachel Reeves' Budget feature on several of Sunday's front pages.Top stories - BBC News - November 10 -
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Restaurants are finally taking price hikes off the menu
The share of restaurant operators who say they’re still raising prices has shrunk this year. Trump’s promised tariffs could influence what comes next.Top stories - NBC News - November 13 -
The Papers: 'Pray' for Davina and '£280 hike to bills'
Saturday's front pages feature a row over freedom of speech and a reported rise in household bills.Top stories - BBC News - November 16 -
Businesses brace for Trump's proposed tariff hikes
President-elect Donald Trump campaigned on raising tariffs -- especially on products from China -- as a way to boost manufacturing in the U.S. Carter Evans met a California business owner who's ...Top stories - CBS News - November 15 -
Luxury, defence and construction companies hit by French tax hike
Chief executives warn that Michel Barnier’s plan will reverse Emmanuel Macron’s business-friendly reformsBusiness - Financial Times - October 27 -
Kamala Harris's corporate tax hike would hurt innovation, American workers
While Americans struggle to afford basic necessities, Vice President Kamala Harris continues to campaign on the same economic policies that caused inflation to skyrocket. In a speech on her ...Politics - The Hill - October 28 -
Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK
British Treasury chief Rachel Reeves says taxes will rise by $52 billion to plug a hole in the public finances and provide new funding for the U.K.‘s cash-starved public services, as she announced ...World - ABC News - October 30 -
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%.Top stories - BBC News - October 30 -
Businesses Ready Price Hikes on Imports to Offset Trump Tariff Costs
Many manufacturers and retailer relying on imports are already planning to pass on the added expenses from proposed protectionist duties to customers.Business - Inc. - October 31 -
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 2026Business - Financial Times - October 31 -
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UniCredit and Commerzbank square off with target hikes amid takeover battle
UniCredit and Commerzbank flaunted their financial strength as the fate of one of Europe's largest banking mergers still hangs in balance.Business - CNBC - November 6 -
State Minimum Wage Hike Ballot Measures Show Mixed Results
Missouri and Alaska voters approved bumps to $15 an hour, while a Californa propsoal to go to $18 failed. Increases for tipped workers were voted down in Massachusetts and Arizona.Business - Inc. - November 6 -
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Here’s how tariffs can be implemented without rocking markets, Trump-friendly strategist says
A senior hedge-fund strategist argues the Trump administration can have its tariff cake and eat it too.Business - MarketWatch - November 14 -
After two stamp hikes, the USPS lost nearly $10 billion in 2024
The U.S. Postal Service's loss widened in fiscal 2024, although revenue rose slightly after two stamp hikes this year.Top stories - CBS News - November 14 -
Starmer vows to ‘stay the course’ on tax-hiking Budget measures
Prime minister will defend ‘hard decisions’ in speech to Welsh Labour conference on SaturdayBusiness - Financial Times - November 15 -
UK Pizza Hut to raise funds after Budget tax hikes
The money could come from a sale of part of the business, or new investment from existing shareholders.Top stories - BBC News - 6 days ago -
Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year
Lowe's topped quarterly earnings and revenue estimates, but even its raised sales outlook would be a decline from last year.Business - CNBC - 3 days ago -
BJ's Wholesale Club hikes membership fees for first time since 2018
Warehouse chain follows rival Costco in raising amount its 7.5 million members must pay to shop at BJ's stores.Top stories - CBS News - 2 days ago -
Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending
Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spendingWorld - ABC News - October 25 -
Japan's central bank to remain undeterred on rate hikes despite LDP's electoral shock, analysts say
Roughly 86% of economists polled by Reuters expect the central bank to leave its rates unchanged when it announces its decision Thursday.Business - CNBC - October 28 -
Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales
It is a critical quarterly report for Pfizer, which is grappling with activist pressure from Starboard Value.Business - CNBC - October 29