Tag: rises
LA fires death toll rises to 24 as high winds expected
Weather forecasters in California are warning fierce winds which fuelled the infernos around Los Angeles are expected to pick up again this week, as fire crews on the ground race to make progress controlling three wildfires. Officials warned that after a weekend of relatively calm winds, the notoriously dry Santa Ana winds would pick up…
Cuts, tax rises and doing nothing: Rachel Reeves’ options to tackle economic woe
Labour’s fiscal rules may limit the chancellor’s ability to act, but waiting it out may be the best option The UK government has come under pressure from a bond market sell-off and the tumbling pound, heaping pressure on the chancellor, Rachel Reeves, to reassure investors about Britain’s economic and financial position. After a challenging first…
M&S reports strong festive sales but says UK firms will take hit from tax rises
Sales at food halls rise 8.9% over Christmas, with 23 December its biggest ever day of food trading Marks & Spencer has hailed a “good Christmas” with strong sales of food but warned that British businesses face higher costs from the government’s tax increases. The UK retailer said sales at established food halls rose 8.9%,…
The Papers: ‘Apocalypse’ LA and ‘Reeves faces extra tax rises’
The i is one of several newspapers analysing the growing financial pressures facing the chancellor. A panel of experts tell the paper there is a “toxic combination” of flatlining growth, soaring debt charges and geopolitical tensions that could wreck her Budget plans. Ben Zaranko from the Institute of Fiscal Studies (IFS) calls it a “generational…
November inflation rises to 2.3% amid speculation over pre-election interest rate cut from RBA
Economists had predicted a November annual CPI inflation figure within the Reserve Bank of Australia’s preferred 2% to 3% target range The monthly inflation rate rose to 2.3% in November, according to the latest figures from the Australian Bureau of Statistics. The underlying inflation rate – the Reserve Bank’s preferred measure for prices – has…
Number of children under 14 in adult watch houses in Queensland rises 50% in 12 months
Report to parliament states watch houses are an ‘inadequate place to keep young people overnight’ and are ‘harmful and traumatising’ The number of children aged 13 or under in Queensland’s adult watch houses has increased by 50% in 12 months, according to new statistics. The statistics – which were included in a paper tabled by…
Next blames clothes price rises on wage increases set out in Budget
Next has announced that it will raise prices on some clothing to offset “an usually high” £73m increase in staff wages and taxes. The High Street retailer said that costs will grow due to measures announced in the autumn Budget, including higher National Insurance payments by employers as well as an increase in the National…
First Thing: New year terror as death toll in New Orleans attack rises to 15
Authorities think suspect acted with accomplices. Plus, woman found alive and well after going missing in 1972 Good morning. Terror struck the busy French Quarter of New Orleans at about 3.15am on New Year’s Day, as a vehicle flying an Islamic State (IS) flag was driven into a crowd of people on Bourbon Street –…
Centrelink payments increase, higher passport fees and pay rises: all the 1 January changes in Australia in 2025
Bigger Austudy and carer allowance payments, higher Medicare safety net thresholds and mandatory corporate reporting on climate also in 1 Jan changes With the new year come new policies, laws, taxes and reforms. Here’s everything to know about changes on 1 January, 2025 that could affect you. Centrelink payments, including youth allowance, Austudy and carer…
Number of migrants crossing Channel in small boats rises to 36,816
Home Office figures released on New Year’s Day show 36,816 people crossed the English Channel in small boats throughout 2024, an increase on the previous year, but not as many as in 2022. The last group, made up of 291 people, arrived on 29 December. The year 2024 was the deadliest on record for the…
All the 1 January changes in Australia: Centrelink increases, import bans and pay rises
Bigger Austudy and carer allowance payments, higher Medicare safety net thresholds and mandatory corporate reporting on climate also in 1 Jan changes With the new year comes new policies, laws, taxes and reforms. Here’s everything to know about changes on 1 January, 2025 that could affect you. Centrelink payments, including youth allowance, Austudy and carer…
All the changes coming to Australia on 1 January, 2025: Centrelink increases, import bans and pay rises
Bigger Austudy and carer allowance payments, higher Medicare safety net thresholds and mandatory corporate reporting on climate also ahead With the new year comes new policies, laws, taxes and reforms. Here’s everything to know about changes on 1 January, 2025 that could affect you. Centrelink payments, including youth allowance, Austudy and carer allowance, will increase…