Amsterdam To Implement Highest Tourist Tax In Europe, Way More Than Paris, Barcelona
Amsterdam is one of the most visited European cities by tourists from across the globe.
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HSBC Expresses Concerns About UK's Economic Outlook Despite a 240% Rise in Profits
HSBC, headquartered in London but primarily focused on the Asian market, announced pre-tax profits of $7.7 billion (£6.4 billion) for the third quarter spanning from July to September.
Trump Pledges To Reimpose Muslim 'Travel Ban' At Jewish Gathering
Donald Trump used a speech to a Republican Jewish convention Saturday to promise reimposition of a controversial travel ban that targeted a slew of mostly Muslim countries if he gets re-elected.
Rishi Sunak Calls for Global Attention to AI-Related Extinction Risk, Citing Growing Security Concerns
In an address at the Royal Society, UK Prime Minister Rishi Sunak advocated for placing the mitigation of human extinction risks due to artificial intelligence (AI) on par with global concerns such as pandemics and nuclear war.
25 Conservative MPs are Considering Submitting Letters Expressing Lack of Confidence in Sunak's Leadership
Sunak is set to confront a critical challenge as he strives to advance the renters reform bill amid completing his one-year tenure as the UK Prime Minister.
UK Businesses 'Stuck in Reverse' in October, According to Recent Survey
The figures are worrying reading, as the Bank of England (BoE) prepares for its latest interest rate decision next week.
Vacation Hotspot In UK Issues Warning About New Tourist Tax Applicable For All
A tourist tax is not very common among holiday hotspots across the UK as yet.
Scottish Leader Outlines Independence Push
Scottish nationalist leader Humza Yousaf pledged Tuesday to use Britain's next general election to push for independence, even if his party loses several seats as expected.
Average Pay Growth Rises Above Inflation for the First Time in Almost Two Years
The figures show that between June and August of this year, wages rose at an annual rate of 7.8 per cent, higher than average inflation over the same three months.
UK-India to Strengthen Pensions Cooperation in 2023/24
The initiative, commissioned by the Foreign, Commonwealth & Development Office (FCDO), aims to deepen collaboration between the UK and India on recent and planned regulatory reforms in the pension sector.
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Ex-Treasury Secretary Hints that the Pain of Osborne's Austerity is Still Being Felt Today
As Britain grapples with a cost of living crisis, the deeper fissures in the economy, including inadequate education and training spend, are more evident than ever.
Bernie Ecclestone Admits Fraud and Avoids Jail After Failing to Declare £400 million Trust
The legendary motorsport figure, who has dominated the F1 scene for decades, went to trial, which took place at Southwark Crown Court in London.
Bali Confirms Tourist Tax For Travellers From Valentine's Day 2024
Bali is one of the most popular tourist destinations across Asia.
IRS Says Microsoft Owes $29 Bn In Unpaid US Taxes
The US Internal Revenue Service is asking that Microsoft pay a whopping $29 billion in unpaid taxes from 2004 to 2013, the company said in an official filing on Wednesday.
Businesses Clamour for Certainty and Sustained Tax Rate Break Ahead of Autumn Statement
British business groups have urged the government to formulate a long-term industrial policy, with industry leaders pushing for tax breaks to be made permanent.
Labour Strikes a Confident Note in Liverpool Despite the News of Turmoil in the Middle East
Rachel Reeves was in the limelight in Liverpool, described as the would-be "first female Chancellor ever in Britain", and also the "best qualified".
Holiday Hotspot Bali Issues Warning Over Deadly Virus
Bali is one of the most popular holiday destinations across Asia.
UK Businesses Still 'Reluctant to Invest' Over Brexit and Interest Rates
Business investment in the UK increased in the first six months of 2023, but the growth was partly due to exceptional factors such as investment in new planes and a tax break. Businesses are now expecting inflation to be lower than previously forecast, which could reduce the pressure on the Bank of England to raise interest rates.
Labour Defeat SNP to Secure 'Seismic' By-Election Victory in Rutherglen and Hamilton West
For Labour, the by-election represented an important battleground ahead of the next UK general election, with the Labour leader Sir Keir Starmer declaring it a "seismic" night and that people in Rutherglen and Hamilton West had sent "a clear message".
Metro Bank Reassures Investors After Its Share Price Plummets Amidst Shoring Up Their Finances
On Thursday, Metro Bank issued a statement to reassure investors after the short suspension of their shares due to volatility amidst suffering a hefty 25 per cent fall.
Naked Tourist Filmed Meditating In Bali Temple, Leaves Locals Demanding His Arrest
The tourist is yet to be arrested by the authorities in Bali.
Sunak Confirms Northern Leg of HS2 Will Be Scrapped in Closing Speech
Sunak declared that this move would save 36 billion pounds, which he would reinvest in hundreds of other transport schemes across the country.
Tesco Leads the Way in Easing Food Inflation, Slashing Prices on 2,500 Products
Tesco, the UK's largest supermarket chain, revealed a substantial decline in food inflation over the past six months. The grocery giant is taking bold steps to address the concerns of its customers by slashing prices on 2,500 products, with an average reduction of 12 per cent.
Donald Trump Returns For Second Day Of Civil Fraud Trial
Former US president Donald Trump began day two of his civil fraud trial Tuesday, lashing out at New York's attorney general before entering the courtroom where he could be barred from doing business in the state.
Liz Truss Threatens Rishi Sunak's Majority and Urges Conservatives to 'Stop Taxing and Banning Things'
Liz Truss has been ushered back into the limelight after increasing her popularity in parliament with the support of 60 Tory MPs.
Conservative Party Conference Overshadowed by HS2 Rumours
Chairman Jeremy Hunt has already signed off on "reallocating" money from HS2's northern leg to other transport projects, according to reports.
Trump Fraud Trial Opens In New York, Threatening Business Empire
A combative Donald Trump lashed out at the judge and attorney general on Monday on the first day of a trial for civil fraud that could see the former president barred from doing business in New York state.
Venice Will Become the First City in the World to Charge Day-Tripper Tourists
Starting in spring 2024, Venice will select 30 dates to apply the €5 entry fee, apart from the tourist tax, for day-trippers.