Category: Rethink
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Most UK businesses to ‘rethink their plans’ as tax rise takes toll
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British Chambers of Commerce (BCC) has warned that 8 out of 10 companies in the United Kingdom will be forced to review their future strategies when the proposed increase in national insurance contributions to employers enter, making a “cost -cost barrel” for companies. In a recent poll, 82 percent of…
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Bonds Are Selling Off Everywhere as Traders Rethink Fed Pathway
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(Bloomberg) — Bonds are falling around the world as investors weigh the possibility of slower U.S. interest rate cuts, a trend that threatens to upend debt conditions everywhere. Most read from Bloomberg Treasuries extended sharp losses on Monday, with the 10-year yield rising back above 4.20% for the first time…
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Lobby group urges Rachel Reeves to rethink non-dom tax hike to prevent exodus of wealthy residents
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Chancellor Rachel Reeves is facing pressure from lobbyists representing 74,000 non-UK residents to scale back planned tax changes, ahead of her next Budget. The newly formed group, called Foreign Investors for Britain, is due to meet government officials this week to urge a reconsideration of Reeves’ proposed overhaul of the…
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Asia FX weakens, dollar firms as markets rethink rate cuts By Investing.com
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Investing.com — Most Asian currencies fell on Wednesday, while the dollar rose on comments from Federal Reserve officials that made markets rethink their expectations for a U.S. interest rate cut. The Japanese yen’s performance remained weak among its peers, falling against the dollar even as government officials continued their warnings…