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...The Treasury said that it had announced a new development corporation for Cambridge at the 2024 Budget to drive forward growth and investment for the local area and the UK economy as a whole....
...Ireland is expecting bumper corporation tax receipts to deliver an €8.6bn budget surplus this year, giving the government leeway in an expected pre-election budget even as it cautions that the outsized contributions...
...And the Tories also raised the corporation tax rate from 19 per cent to 25 per cent, though it is still lower than some peer nations....
...The UK manufacturers’ lobby group had one standout demand ahead of today’s Budget: fewer Budgets....
...Chinese anti-corruption authorities are investigating a senior executive at one of the country’s top military equipment suppliers, China Electronics Technology Group Corporation, in a new sign of turmoil...
...GPs have been blocking attempts to let patients access our own electronic health records....
...Alongside the freeze on corporation tax, Reeves announced a Labour government would keep the “full expensing” regime....
...Jeremy Hunt lacks the fiscal firepower to prevent Britain’s taxes climbing to a record high as a share of national income no matter what he announces in next week’s Budget, new analysis has found....
...Businesses will rightly continue to press for a permanent ban on customs duties on electronic transmissions....
...But ahead of chancellor Jeremy Hunt’s Budget on Wednesday, directors of small businesses expressed concern over high costs — including interest rates — an impending rise in the living wage, a shortage of...
...Xiaomi sales surged 34 per cent to attain a 14 per cent market share, as the Beijing-based electronics group experienced a wave of publicity surrounding the debut of its electric car....
...And as a result of this funding, all hospitals will use electronic patient records, making the NHS the largest digitally integrated healthcare system in the world....
...After decades of concentrating production in China and Taiwan, electronic assemblers such as Foxconn, Quanta and Wistron, along with major chip suppliers from TSMC to United Microelectronics Corporation,...
...receiving £80mn over five years About £200mn to be invested in “high-quality local regeneration projects across England” £9bn a year for three years on corporate capital allowances to offset a rise in corporation...
...Ireland is set to invest more than half of its coming corporation tax windfall in two new sovereign wealth funds, providing revenue for infrastructure projects and future economic challenges....
...Hunt introduced £20bn of tax rises in the 2023-24 fiscal year, including freezing personal tax thresholds and higher corporation tax, the think-tank said....
...Michal Stelmach, economist at the consultancy KPMG UK, noted that corporation tax receipts were up 19 per cent relative to the previous fiscal year, reflecting the increase in the tax rate from 19 per cent...
...Linked to this, the Office for Budget Responsibility publishes its economic forecast....
...Economic indicators: Hong Kong publishes its fourth-quarter gross domestic product data as financial secretary Paul Chan delivers the Chinese territory’s annual budget to legislators....
...The political and policy choices over corporation tax are the easiest bit for the shadow chancellor to navigate because there are very good reasons to keep corporation tax where it is....
...Need to know: UK and Europe economy The UK Budget verdicts are in....
...“The chancellor may say this Budget shows the Conservatives are a low-tax party, but that’s not entirely true.”...
...It highlighted audio production, which has had just 1 per cent of its budget moved outside London since March 2020....
...The UK’s budget watchdog, the Office for Budget Responsibility, has calculated that the government will raise £41.1bn a year by 2028-29, largely through the freezes to personal tax thresholds since March...
...Events: Singapore’s deputy prime minister and finance minister Lawrence Wong present the government’s 2024 budget on Friday....
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