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...The chief executive of BCG has said the $12bn consulting firm expects to generate a fifth of its revenues in 2024 from helping corporations integrate artificial intelligence into their businesses, a share...
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...The incoming UK National Lottery operator is bracing for a decline in sales in its first year of operations, threatening a reduction in charitable funding, according to internal projections....
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...The Tories are eager to build on cuts in national insurance in two successive Budget rounds as they seek to address the rising overall tax burden....
...government wanted to “bring national insurance down” in the “next parliament”....
...However, expectations of another dizzying year, after corporation tax revenues doubled between 2020 and 2022, look likely to be dashed....
...Advertising revenues for the quarter to the end of March dropped to $1.2bn compared with $1.9bn in the same period a year ago....
...Rising wages, technology costs, impairment losses and a slump in revenue meant the company swung to a pre-tax loss in the last calendar year....
...However, expectations of another dizzying year — after corporation tax revenues doubled between 2020 and 2022 — look likely to be dashed....
...National economic adviser Lael Brainard on Wednesday said Biden “will protect tax cuts for workers and middle-class families, paid for by asking billionaires and big corporations to finally pay their fair...
...A report from Counterpoint Research last month said iPhone sales in the country fell 19 per cent year on year in the first three months of the year, while market researcher International Data Corporation...
...The national independent planning body, which is battling a lengthy backlog of cases, will have the final say....
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...The plans are intended to cut the US’s record national debt by $3tn over the next decade....
...Families are one thing but the locals are not thrilled by the arrival of large corporations....
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...BBC director-general Tim Davie has called for reform of the licence fee as part of a broader strategy to turn Britain’s national broadcaster into a more commercial operation....
...The list of investments businesses can use to lower their corporation tax bill could be broadened, but alongside something to reduce the built-in bias towards debt financing....
...But the 7 per cent to 10 per cent increase in tax revenue is significantly less than the boost for some tax havens....
...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....
...BlackRock, the world’s largest asset manager, has lost an appeal relating to UK tax it sought to reclaim from HM Revenue & Customs on its $13.5bn acquisition of Barclays Global Investors in 2009....
...Torsten Bell, head of the Resolution Foundation, notes that the Conservatives also raised corporation tax from 19p to 25p in 2023; Reeves is comfortable with that rate but has promised to cap it at that...
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