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...“Many of our competitors have no [sustainable aviation fuel] mandate; they don’t have carbon prices . . . we are at a disadvantage when we have costs some of our main competitors do not have,” he said....
...A 1p cut in the basic rate of income tax would cost £7bn a year, according to the foundation....
...As both parties vie for revenue-raisers, this episode should be a reminder that there is no such thing as a “victimless” tax....
...For example, emissions can rise due to temporary changes in the grid’s energy mix....
...Chancellor Jeremy Hunt is expected to announce that the temporary £9bn a year tax break for business investment will become permanent....
...It added that in February this year he declined his planned $2.8mn annual bonus. The company has been reeling since January when a door panel blew out mid-air during an Alaska Airlines flight....
...Jeremy Hunt announced that temporary higher rates of tax relief for orchestras, museums, galleries and theatres would be made permanent....
...Cybersecurity company Rubrik, based in Palo Alto and backed by Microsoft, is hoping to list shares while in the midst of a business model transition....
...The New York-based firm raised a $12.7bn fund in 2021 and has built stakes in TikTok parent ByteDance, fast-fashion company Shein and payments company Stripe....
...The New York-based firm raised a $12.7bn fund in 2021 and has built stakes in TikTok parent company ByteDance, fast-fashion company Shein and payments company Stripe....
...US food manufacturer General Mills was one of the first to make a big push towards regenerative agriculture practices, announcing in 2019 a target to extend these to 1mn acres of farmland by 2030....
...Best of all, though, is Sean Connor’s turn as James V: a swaggering teenage tyrant, grimly grappling with great matters of religion. Four fine performances in a fleet and fascinating work....
...Rishi Sunak faces a daunting test on May 2 when voters in England and Wales go to the polls in a crucial set of local elections, with polling suggesting his Conservatives are heading for a crushing defeat...
...In cash terms, the Boeing boss took home $5mn in pay vs $7mn in 2022, according to the company. He also waived his right to a $2.8mn incentive payment after the Alaska Airlines incident....
...With the government taking in tax more than 37 per cent of all economic output, part of any sensible effort to improve growth will involve serious tax reform, raising more revenue while imposing less drag...
...In addition, current non-doms will be able to bring foreign income and gains made before April 2025 into the UK and pay tax at a discounted rate of 12 per cent under a “temporary repatriation facility”....
...In a trading update on Monday, the company said permanent recruitment had been more difficult than the temporary jobs market, as employers looked for flexibility....
...He was awarded a potential $30mn in stock awards on top of his $1.4mn salary, the company said, lifting his total for the year above the $22.6mn he was paid in 2022. Read more here...
...With uncertainty about the company’s future in the US, no concrete details about buybacks and with individuals’ tax bills looming, the situation is likely to get worse before it gets better....
...Rachel Reeves, the Labour shadow chancellor, previously committed to applying the top 45 per cent rate of income tax to carried interest....
...There would no longer be a 50 per cent discount on tax related to foreign income in the first year of the new rules....
...Meanwhile, BP has finally announced a new permanent chief following Bernard Looney’s abrupt departure in September after failing to disclose past relationships with company colleagues....
...Say no more. Killian O’Donnell Cashel, County Galway, Ireland...
...Starting in 2026, CBAM will levy a tax on imports whose carbon content exceeds the limit imposed on EU domestic producers....
...planning permission to a 60.5km carbon dioxide pipeline....
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