CashNews.co In the UK, installing solar energy systems for businesses offers a multitude of financial, environmental, and operational benefits. As energy prices rise and sustainability becomes increasingly important, businesses that invest in solar power can enjoy a competitive advantage. There are a number of reasons why companies should seriously consider installing solar, probably the most […]
CashNews.co Credit: Shutterstock.com Following yesterday’s Budget, fleet managers may need to overhaul company car lists as new tax policies put plug-in hybrids (PHEVs) and double cabs under scrutiny, according to the Association of Fleet Professionals (AFP). The changes, AFP said, signal the government’s push for zero-emission electric vehicles (EVs) as the primary option for company […]
CashNews.co Financial Secretary Ken Jefferson (left) and Premier Juliana O’Connor-Connolly, chair of Finance Committee (CNS): Premier Juliana O’Connor-Connolly has said the Framework for Fiscal Responsibilitywhich gives the United Kingdom the power to veto the Cayman Islands budget if it falls foul of the strict criteria, should be reviewed. She said that this jurisdiction needs to […]
CashNews.co Workers will be paid less as a result of the increase in national insurance contributions from employers, chancellor Rachel Reeves has admitted, with experts warning about a prolonged pay downturn. Forecasts show that in 2028, weekly earnings will be just £13 higher than they were in 2008. The chancellor said she recognised “there will […]
CashNews.co What’s going on here? The UK’s Financial Conduct Authority (FCA) is advising financial firms to bolster their defenses following a tech glitch at US cybersecurity firm CrowdStrike that led to widespread disruptions. What does this mean? In July 2023, a software update error with CrowdStrike’s Falcon platform caused chaos across various sectors, including banks […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves’ increase in national insurance contributions will hit lower-wage, labour-intensive parts of the UK economy hardest, according to an analysis that found the chancellor may need to raise taxes again soon. The Institute […]
CashNews.co LONDON (AP) — U.K. Treasury chief Rachel Reeves conceded Thursday 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. On Wednesday, Reeves raised taxes by around 40 billion pounds ($52 billion) and announced more government borrowing […]
CashNews.co The judgment on “secret” commission payments could have far-reaching implications for lenders, beyond those covered by an continuing investigation by the Financial Conduct Authority (FCA). The consumer champion Martin Lewis suggests the row “has the potential to shake up more than just car finance”. How did we get here? In January, the FCA launched […]
CashNews.co Government increases oil and gas industry headline tax rate by 3 percentage points to 78% and removes 29% investment allowance Chancellor of the Exchequer Rachel Reeves delivers her Autumn budget statement in the House of Commons in London on October 30, 2024.Photo: AFP/SCANPIX Published 30 October 2024, 13:45Updated 30 October 2024, 17:45 United Kingdom […]
CashNews.co Published : 12 hours agoon 30/10/2024 LONDON (Reuters) – Finance minister Rachel Reeves said on Wednesday she would raise employers’ social security contributions to 15% from April, a major revenue raiser for a budget the government hopes will kick-start moves to turn around a flagging economy. Britain’s Labour government has long said those with […]