Business - latestglobalinsight

UK Police Authorized to Seize Millions from Andrew Tate Assets

Harry SonDecember 18, 2024

A British court has ruled that UK police can seize millions of dollars from the assets of Andrew Tate, a social media influencer, and his brother Tristan. The decision comes as part of an ongoing investigation into allegations of human trafficking and organized crime. The court’s ruling allows police to confiscate assets worth millions of...

UK Farmers Take to the Streets to Protest Tax Changes

Harry SonDecember 12, 2024

Hundreds of farmers from across the UK descended upon London to express their outrage over the government’s proposed changes to inheritance tax rules and machinery levies. The protesters, who brought their tractors along for the ride, converged on Whitehall and Parliament Square to make their voices heard. At the heart of the controversy are the...

Canada Tourism Strategy: Attracting More Foreign Visitors

Why Canada wants to see more foreign visitors

Michael JockOctober 31, 2024

Canada Tourism Strategy, Canada is actively working to attract more overseas tourists, but faces challenges including staffing shortages, wildfires, and tensions with China. The government agency Destination Canada’s new strategy, A World Of Opportunity, aims to increase tourism revenue to CA$160 billion by 2030 and position Canada among the world’s top seven tourist destinations. One...

Working People Tax Promise: No Increases on Payslips

‘Working people’ will not see tax increases on their paystubs, the minister promises

Michael JockOctober 27, 2024

Working People Tax Promise, Education Secretary Bridget Phillipson reassured on Sunday that “working people” won’t see tax increases on their payslips following Wednesday’s Budget. Labour has promised not to raise National Insurance, income tax, or VAT on “working people,” defined as those earning income primarily from employment. Phillipson focused on safeguarding employed workers rather than...

The United Kingdom promises thousands of additional employment in the Freeports proposal

Michael JockOctober 25, 2024

UK Freeports Job Creation, The UK government intends to boost economic growth and generate thousands of jobs by introducing five new freeports and a new investment zone in the next budget. Although freeports, or low-tax zones, were first established by the Conservatives, Prime Minister Sir Keir Starmer said he thinks they may be improved with...

Assisted Dying Bill Risks: Archbishop Welby Warns

The Archbishop claims that the assisted dying measure is risky

Michael JockOctober 16, 2024

Assisted dying bill risks, The proposed Assisted Dying Bill has drawn criticism from Justin Welby, the Archbishop of Canterbury, who described it as “dangerous” and warned that it may create a “slippery slope” whereby more people than just the terminally ill would feel forced to end their lives. Prior to the bill’s first reading in...

Sunak questions Starmer on borrowing and taxes

Michael JockOctober 9, 2024

Sunak Starmer borrowing taxes, Prior to the next budget, Prime Minister Sir Keir Starmer has refuted reports that his administration intends to increase borrowing and hike taxes. During Prime Minister’s Questions (PMQs), departing Conservative leader Rishi Sunak asked Starmer if Labour will change borrowing regulations and raise the employer national insurance tax. In response, Starmer...

Canada Flight Compensation Rules Upheld by Supreme Court

Canada’s Top Court Upholds Passenger Protection Rules for Flight Disruptions

Michael JockOctober 4, 2024

Canada flight compensation rules, Canada’s passenger protection legislation, which require compensation for travel disruptions, have been upheld by the Supreme Court of Canada, which decided against the airline industry. The ruling followed a lawsuit filed by airlines, including Air Canada and foreign carriers, against the Canadian government over new regulations that were implemented in 2019....

Stellantis Recalls 1.46 Million Cars Worldwide as a result of the anti-lock brake system failing

Michael JockSeptember 7, 2024

Stellantis Brake Recall, Chrysler’s parent company, Stellantis (NYSE: STLA), has announced a global recall of 1.46 million vehicles due to a software fault with the anti-lock brake system (ABS). This flaw increases the risk of accidents since it allows the electronic stability control (ESC) system, a vital safety element, to be disabled. Affected Models and...

RBA Governor Stands Firm on High Interest Rates to Combat Inflation

Harry SonSeptember 5, 2024

The RBA’s Inflation Conundrum Reserve Bank of Australia (RBA) Governor Michele Bullock has reaffirmed the central bank’s commitment to maintaining high interest rates, despite acknowledging the challenges this poses for Australian households. The RBA’s primary objective is to curb inflation, which has been soaring in recent months. Why High Interest Rates are Here to Stay...

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FIFA Unveils Team of the Year with Surprise Omissions

December 18, 2024

FIFA has announced its Team of the Year, featuring a star-studded lineup that includes five Premier League players. However, the biggest surprise was the omission of Paris Saint-Germain superstar Kylian Mbappe. The Team of the Year includes some of the biggest names in football, such as Lionel Messi, Cristiano Ronaldo, and Robert Lewandowski. The five...

Latest News

UK Police Authorized to Seize Millions from Andrew Tate Assets

UK Farmers Take to the Streets to Protest Tax Changes

Why Canada wants to see more foreign visitors

‘Working people’ will not see tax increases on their paystubs, the minister promises

The United Kingdom promises thousands of additional employment in the Freeports proposal

The Archbishop claims that the assisted dying measure is risky

Sunak questions Starmer on borrowing and taxes

Canada’s Top Court Upholds Passenger Protection Rules for Flight Disruptions

Stellantis Recalls 1.46 Million Cars Worldwide as a result of the anti-lock brake system failing

RBA Governor Stands Firm on High Interest Rates to Combat Inflation

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