
Articles
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1 day ago |
news.bloombergtax.com | Andrew Atkinson |Tom Rees
British businesses cut jobs for a third straight month in April as a £26 billion ($34 billion) tax hike took effect and Donald Trump’s tariffs darkened the global economic outlook. The number of workers on payrolls dropped 32,532 to 30.3 million, according to tax data published by the Office for National Statistics on Tuesday. Job vacancies fell the most in over a year in a sign of weakening demand for workers.
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2 days ago |
news.bloomberglaw.com | Andrew Atkinson
British businesses cut jobs for a third straight month in April as a £26 billion ($34 billion) tax hike took effect and Donald Trump’s tariffs darkened the global economic outlook. The number of workers on payrolls dropped 32,532 to 30.3 million, according to tax data published by the Office for National Statistics on Tuesday. Job vacancies fell the most in over a year in a sign of weakening demand for workers.
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2 days ago |
bloomberg.com | Andrew Atkinson |Tom Rees
Commuters in London. (Bloomberg) -- British businesses cut jobs for a third straight month in April as a £26 billion ($34 billion) tax hike took effect and Donald Trump’s tariffs darkened the global economic outlook. The number of workers on payrolls dropped 32,532 to 30.3 million, according to tax data published by the Office for National Statistics on Tuesday. Job vacancies fell the most in over a year in a sign of weakening demand for workers.
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1 week ago |
bloomberg.com | Andrew Atkinson |Tom Rees
The housing market now appears set for a period of stagnation, with buyers no longer benefiting from stamp duty relief. (Bloomberg) -- UK mortgage approvals fell for a third month in March as house hunters ran out of time to tie up purchases before a property transaction tax went up at the start of April. The number of home loans authorized by banks and building societies declined just over 1% to 64,309, the fewest since July last year, the Bank of England said Thursday.
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3 weeks ago |
news.bloomberglaw.com | Andrew Atkinson |Tom Rees
UK government borrowing exceeded official forecasts made just last month, highlighting the fragile state of the public finances even before US tariffs dimmed the economic outlook. The budget deficit in the fiscal year through March was £151.9 billion ($202 billion), the Office for National Statistics said Wednesday. That’s more than the £137.3 billion forecast by the Office for Budget Responsibility, a figure that itself had been upwardly revised. Borrowing in March alone was £16.4 billion.
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