Category: Bosses
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Insolvencies soar to 16-year high as tax hike drives bosses to close up shop
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The number of insults of the company increased sharply at the beginning of the year, as it reached an unprecedented level since the financial crisis, according to the latest numbers from the insolvency service. More than 1900 companies decreased in January – 10.7 percent over a year – which increased…
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UK Bosses Signal Tepid Support for Reeves’ High-Tax Budget
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Breadcrumb links BMN Business Chancellor of the Exchequer Rachel Reeves’ first budget was greeted with cautious optimism by Britain’s business leaders, although high taxes on wages held them back from full support. Article writer: Bloomberg News Chloe Millie Published on November 1, 2024 • 4 minutes read You can save…
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UK at ‘massive global disadvantage’ over tourist tax, retail bosses warn Rachel Reeves
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Retailers have called on Chancellor Rachel Reeves to scrap the so-called “tourist tax”, warning that Britain is losing billions in economic growth as tourists choose to shop elsewhere in Europe. In a letter signed by more than 300 chief executives, including leaders from John Lewis, British Airways, Fortnum & Mason…