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Sky News
How very inaccurate forecasts determine the amount spent on investment or tax cuts in budget
Before we get on to the budget itself – with all its rumoured tax cuts, economic policies and pre-election politicking – let me start with a question.Every six months, at each budget and autumn statement, the Office for Budget Responsibility (OBR) produces a set of forecasts for how it thinks the economy will do in …
Business
Sky News
Hunt set to cut national insurance by two percentage points at budget
Jeremy Hunt is set to cut national insurance by a further two percentage points in the budget tomorrow, Sky News understands.This cut follows a similar reduction in the levy announced at last year’s autumn statement, and comes as the Conservative government looks to set the fiscal stage for the election set to take place in …
Business
Sky News
Hunt to announce tax cut for millions of workers
Jeremy Hunt is set to cut national insurance by a further two percentage points in Wednesday’s budget, as he looks to give a tax break to working people.Amid much discussion between income tax and national insurance cuts, Jeremy Hunt looks to be prioritising a tax cut for an average of 27 million workers as he …
Business
Sky News
Global triathlon tour races for £30m to fuel sport’s growth
The body which organises professional triathlons around the world is in talks with investors about raising tens of millions of pounds of new funding to fuel the sport’s expansion.Sky News has learnt that the Professional Triathletes Organisation (PTO) is working with advisers on plans to secure more than $40m (£31m) following a series of unsolicited …
Business
Euro News
Von der Leyen sets out modest defence strategy as she bids for second term
Business
Business Live
West Country to grow faster than all UK regions outside London and South East
The West Country’s economy is predicted to grow faster than all UK regions outside London and the South East over the next three years, a new report has found. The region will see gross value added (GVA) growth of 1.9% until 2027 – just behind the capital at 2.1% and the South East at 2.0% …
Business
Evening Standard
New car market records strongest February in 20 years after 14% growth
Business
Sky News
M&S boss takes pre-budget swipe at tax burden
The chief executive of Marks & Spencer (M&S) has described operating under the current government as “like running up a downwards escalator with a rucksack on your back”.Writing on his LinkedIn account, Stuart Machin appealed to the chancellor to take three steps to help the retail sector in Wednesday’s budget, describing planned increases to business …
Business
Sky News
Greggs rolls out good news on costs and job opportunities
Greggs, the food-on-the-go chain, says cost pressures are reducing and it sees a clear opportunity for hundreds more UK shops ahead.The company – best-known for its sausage rolls and steak bakes – made the announcements while revealing a leap in annual sales and profits. Greggs said its performance in 2023 was aided by an expansion …
Business
Sky News
Post Office ‘agrees’ to submit report on CEO’s behaviour to MPs
MPs say the Post Office has pledged to submit a report on chief executive Nick Read’s conduct “within the next 24 hours”.After a number of lapsed deadlines to provide the report, that was claimed to run to 80 pages, the Business and Trade Committee revealed it had been told to expect a 12-page document. This …
Business
Euro News
Mbappé better than Messi and Ronaldo… in number of EU trademarks
Business
Sky News
Apple fined £1.5bn for not notifying users of cheaper music streaming options
Apple has been fined €1.8bn (£1.54bn) by the EU for favouring its own music streaming service rather than rivals. Apple didn’t fully inform their device users there were alternative and cheaper subscription services for more than a decade, said the EU executive, the European Commission. As a result, iPhone and iPad users paid “significantly higher …

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