Europe ‘eats Britain’s lunch’ as tourist tax raid costs UK £3bn

[ad_1] In 2022, spending in the UK by visitors from Gulf states – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE – was still 35pc below its pre-Covid level,…

The UK’s Economic Outlook Is Riding on Election Politics

[ad_1] The UK economy’s mixed report card for 2023 amplifies this year’s tension between what election politics is likely to deliver and what the economy needs to break out of…

Hunt Says Lower UK Debt Interest Could Create Room for Tax Cuts

[ad_1] UK Chancellor of the Exchequer Jeremy Hunt suggested falling debt interest costs may give him the headroom to deliver tax cuts at his budget in the spring, boosting the…

Sirius Bets on Office Revival in UK and Germany: The London Rush

[ad_1] Hi, I’m Leo from Bloomberg’s UK Breaking News team, bringing you the latest stories making waves this morning. Concern around the commercial real estate market has various investors sensing…

Meloni Unveils Italy 2023 Budget With Touch of Extra Stimulus

[ad_1] Italian premier Giorgia Meloni unveiled a slightly more expansive fiscal outlook for this year, aiming for an extra sliver of economic growth through tax cuts. The euro zone’s third-biggest…

House Prices Climb Unexpectedly: The London Rush

[ad_1] Hi, I’m Leo from Bloomberg’s UK Breaking News team, catching you up on this morning’s business stories. UK house prices rose unexpectedly for a third month, helped by a…

Italy’s EU Recovery Fund Payouts Are About to Reach €102 Billion

[ad_1] The European Commission has approved Italy’s fourth payout from the EU’s Recovery Fund, bringing its proceeds so far to more than half of the total €194 billion ($213 billion)…

Shoppers Get Ready to Splash Out on Christmas: The London Rush

[ad_1] Hi, I’m Leo from Bloomberg’s UK Breaking News team, catching you up on this morning’s business stories. Britons are more willing to splash out on big-ticket items, with consumer…

Britain May Cut Inheritance Tax at Next Week’s Budget

[ad_1] The UK’s Conservative government is looking for ways to cut taxes without reigniting inflationary pressures, amid reports that it may reduce inheritance levies in next week’s budget. Chancellor of…

Macron’s Pension Gambit Sparks Revolt, Pushing France to the Brink

[ad_1] Strikes, Arson and Protests: What’s going on in France?  Bloomberg [ad_2] Source link