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Sky News
See whether you win or lose from tax and national insurance tweaks
National insurance has been cut by a further 2p, so workers will pay 8% of their earnings between £12,570 and £50,270, instead of the 12% it was before Autumn.But tax thresholds – the amount you are allowed to earn before you start paying tax (and national insurance) and before you start paying the higher rate …
Business
Sky News
JP Morgan sent to Coventry as Co-operative Bank deal nears
The Coventry Building Society has enlisted the Wall Street behemoth JP Morgan to strengthen its proposed takeover of the Co-operative Bank.Sky News has learnt that the Coventry has drafted in JP Morgan to work alongside KPMG on the deal, nearly three months after entering exclusive talks to buy its rival high street lender. The appointment …
Business
Sky News
Chancellor raises child benefit threshold from £50k – and confirms national insurance will be cut by 2p
The chancellor has confirmed a 2p cut to national insurance and increased child benefit thresholds.In the budget, Jeremy Hunt said “permanent cuts in taxation” were possible because of the progress made in bringing down inflation – with forecasts suggesting it will fall to the target level of 2% within months. More parents will be paid …
Business
Euro News
Exclusive: Governments mull last-chance bid for stripped-down corporate diligence law
Business
Business Live
Cornish Lithium’s non-executive chair steps down
Cornish Lithium’s independent non-executive chair has stepped down from the role, the company has confirmed. Ian Cockerill is leaving the Penryn-based mining exploration business to take up the position of chief executive and executive director of London-listed Endeavour Mining. Jeremy Wrathall, founder and chief executive of Cornish Lithium, will take over the role of chair …
Business
Sky News
Budget 2024: The key points of Jeremy Hunt’s speech so far
The chancellor is unveiling the budget for 2024. Here are the key points so far: • Full Expensing for businesses will apply to leased assets in future “when affordable”. Draft Bill to be published shortly.• Office for Budget Responsibility predicts UK GDP growth of 0.8% (0.7%) in 2024 and 1.9% (1.4%) in 2025. Figures in …
Business
Sky News
Budget 2024: The key points of Jeremy Hunt’s speech
The chancellor has unveiled the budget for 2024. Here are the key points: • National insurance contributions for employees are being cut from 10% to 8% from April – impacting about 27 million workers – with savings of up to £450 a year.• Self-employed NI rates will drop by two percentage points as well.• Higher …
Business
Sky News
Good news for middle-income families and bad news for vapers, smokers and landlords – budget main points
The chancellor has unveiled the budget for 2024. Here are the key points: • National insurance contributions for employees are being cut from 10% to 8% from April – impacting about 27 million workers – with savings of up to £450 a year.• Self-employed NI rates will drop by two percentage points as well.• Higher …
Business
Evening Standard
New Capita boss promises ‘rapid reduction’ in costs after £107m loss
Business
Euro News
Starbucks Middle East fires 2,000 workers amid Israel-Hamas war boycott
Business
Sky News
Real pay for young graduates down by over £1,000 in three years
Graduates in their 20s are earning less in real terms than they were before the 2008 financial crash, and are £1,200 worse off than they were at the start of the pandemic on average, despite recent cuts to national insurance.Chancellor Jeremy Hunt has teased further national insurance cuts in his upcoming budget, following on from …
Business
Sky News
Consumers, China and Foxtons
Ian King talks to Karen Johnson, from Barclays, about consumer card spending which grew just 1.9% year-on-year in February.Helen Qiao, from Bank of America Global Research, comes on to discuss China’s growth target.And Guy Gittins, from Foxtons, talks to Ian about profits at the estate agent.:: Listen and subscribe to The Ian King Business Podcast …

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