Category: hikes
-
Infineon stock hikes on guidance beat, demand from auto sector
•
(Reuters) – Infineon’s shares increased by 11 % after the German chip maker was slightly upgraded to the entire revenue expectations and reported quarterly results and directions over expectations. A STIFEL analyst said that the future view differs from the microcredit chips of cars and industrial use that missed expectations,…
-
Firms slash jobs at quickest rate in four years following budget tax hikes
•
Companies shed jobs at the fastest pace in four years last month after rising staffing costs and growing uncertainty from the fall budget dented confidence, according to the latest S&P Global data. Excluding pandemic-era figures, the decline in headcount was the steepest in more than 15 years, with nearly a…
-
Public sector suppliers shift NI and wage hikes onto the taxpayer
•
Higher National Insurance costs and higher wage bills are being paid by major government contractors to the Treasury, raising concerns about the ultimate burden on taxpayers. Cleaning and facilities management groups such as Churchill Group and Mitty, along with construction giant Mace, are among those negotiating with Whitehall to pass…
-
Public sector suppliers shift NI and wage hikes onto the taxpayer
•
Higher National Insurance costs and higher wage bills are being paid by major government contractors to the Treasury, raising concerns about the ultimate burden on taxpayers. Cleaning and facilities management groups such as Churchill Group and Mitty, along with construction giant Mace, are among those negotiating with Whitehall to pass…
-
Stamp Duty hikes trigger 42 per cent slump in prime London property deals
•
Repeated increases in stamp duty have had a significant impact on high-end property sales in London, with transactions in Britain’s two most expensive neighborhoods falling by 42 per cent over the past decade. According to new analysis by Savills, deals in Kensington, Chelsea and Westminster fell from 10,665 in 2013-14…
-
El Al says perception of fare hikes exaggerated
•
El Al Israel Airlines Ltd (level:Ellal) struggle to justify the gap between its position, as they see it, as a company operating at maximum production and going to great lengths to enable Israelis to fly, and the public’s perception of it as a company that takes advantage of the unique…
-
Labour’s tax hikes dampen UK consumer and business confidence
•
Consumer and business confidence fell in the UK as Labour’s tax hike budget raised concerns about employment, rising costs and economic growth prospects. UK consumers and businesses have become more pessimistic about the state of the economy following Labour’s budget tax hike, which has raised concerns about employment and escalating…
-
Business Owners Criticise Tax Hikes, Urge Chancellor Not to Hinder Growth
•
Entrepreneurs and family business owners have expressed grave concerns over the recent tax increases announced in the Budget, warning the government against undermining their passion for growth. Criticisms focus on measures they believe will significantly impact their businesses, including increased employer National Insurance contributions, changes to inheritance tax on family-owned…
-
Bailey warns employer tax hikes may delay interest rate cuts
•
Bank of England Governor Andrew Bailey has warned that the recent increase in employers’ National Insurance contributions could create uncertainty about future interest rate cuts. Addressing MPs on the Treasury Select Committee, Bailey noted that although inflation had fallen faster than expected – prompting the Monetary Policy Committee (MPC) to…
-
M&S warns of possible price hikes as national insurance hike impacts costs
•
Marks & Spencer has warned it cannot rule out a price hike after absorbing an extra £120 million in costs resulting from Chancellor Rachel Reeves’ National Insurance changes and upcoming pay rises. Chief executive Stuart Machin said the retailer would “do everything we can” to avoid passing these costs on…
-
High street retailers face bleak festive season amid tax hikes and rising costs
•
High street retailers are bracing for a tough Christmas trading period, as rising taxes and rising costs raise concerns about the viability of many businesses in town and city centres. A recent report from consultancy BDO revealed that in-store sales in October grew by just 1.7% compared to the previous…
-
High street retailers face bleak festive season amid tax hikes and rising costs
•
High street retailers are bracing for a tough Christmas trading period, as rising taxes and rising costs raise concerns about the viability of many businesses in town and city centres. A recent report from consultancy BDO revealed that in-store sales in October grew by just 1.7% compared to the previous…
-
You’re not ‘working people’, Keir Starmer tells landlords & shareholders as PM draws battle lines signalling major tax hikes in Budget
•
Prime Minister Sir Keir Starmer has sparked controversy by suggesting landlords and shareholders do not fall under his definition of “workers” as Labor prepares for one of the biggest tax rises in modern history. As Chancellor Rachel Reeves prepares to unveil her first Budget next week, the government is expected…
-
Investors rush to withdraw pension funds amid fears of tax hikes in upcoming budget
•
Investors are withdrawing money from their pension funds in increasing numbers, fearing potential tax increases in the next budget. AJ Bell, one of the UK’s largest manual wealth managers, has reported a spike in pension withdrawals, as clients move to secure tax-free lump sums ahead of potential changes by the…
-
Netflix earnings, subscriber growth top estimates as investors eye potential price hikes
•
Netflix ( NFLX ) stock rose as much as 5% in after-hours trading on Thursday, as the streaming giant beat third-quarter EPS, revenue and projected sales estimates for the current quarter that came in ahead of Wall Street expectations. Revenue surpassed Bloomberg’s consensus estimate of $9.78 billion to reach $9.83…
-
Japan’s Eco Min says not necessarily correct that Ishiba positive about further rate hikes
•
High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
-
Middle-class homeowners put kitchen renovations on hold over fears of tax hikes in autumn budget
•
Middle-class homeowners across the UK are putting off plans to renovate their kitchens as concerns grow over potential tax rises in the upcoming Budget in October. The possibility of higher taxes, flagged by shadow chancellor Rachel Reeves, has led to a marked drop in consumer confidence, according to kitchenware retailers.…
-
Dollar strengthens versus yen as BOJ strikes cautious stance on rate hikes By Reuters
•
By Chibuike Ojoh and Linda Pasquini NEW YORK/LONDON (Reuters) – The dollar rose against the yen on Friday to a two-week high after the Bank of Japan left interest rates unchanged and signaled it was in no rush to raise them again. Bank of Japan Governor Kazuo Ueda said at…
-
Stay long on the yen amid rate hikes, improving growth- BCA By Investing.com
•
Bets on a stronger yen have become more entrenched amid attractive valuations of domestic assets, the prospect of further interest rate hikes and an improving Japanese economy, BCA Research said. The yen has staged a stunning recovery over the past two months, as hawkish Bank of Japan policy, a weaker…