Rachel Reeves weighs a ‘hotel tax’ as treasury battles to fill funding gap
Britons and overseas visitors may soon find themselves paying a “hotel tax” on every overnight stay, under Treasury proposals designed to shore up the public purse as borrowing costs continue to climb. The potential levy, part of “modelling exercises” carried out
New tax checks on side hustles like eBay and Vinted risk confusion over different reporting periods
HM Revenue & Customs is ramping up its scrutiny of “side hustle” earnings, requiring online platforms such as eBay, Vinted and Airbnb to submit information on users’ incomes for 2024 by the end of this month. However, concerns have been raised
Chancellor heads to China in search of growth amid surging borrowing costs
Britain has “no choice at all” but to engage with China, Rachel Reeves has argued, as she seeks to shore up economic growth against a backdrop of soaring borrowing costs and uneasy financial markets. The chancellor arrived in Beijing to finalise
Meta announces end of its DEI programs. Read the memo.
Meta on Friday told employees that its plans to end a number of internal programs designed to increase the company’s hiring of diverse candidates, the latest dramatic change ahead of President-elect Donald Trump’s
The precision agriculture market to reach € 9.5 billion worldwide by 2028
According to a new research report from the IoT analyst firm Berg Insight, the global market for precision agriculture solutions is forecasted to grow from € 5.5 billion in 2023 at a compound annual growth rate (CAGR) of 11.6 percent