Category: Economy
Economy
Financial Strain Hits Millions as Christmas Bills Mount Up.
(qlmbusinessnews.com Mon, 18th Dec, 2023) London, UK — "Festive Financial Strain: Millions Turn to Borrowing as Christmas Bills Skyrocket" As the festive season approaches, a[more...]
Unexpected Contraction: UK Economy Faces Setback in October Amidst Rising Rates and Storm Babet’s Fury.
(qlmbusinessnews.com Thurs, 14th Dec, 2023) London, UK — "Storms and Rates: UK Economy Takes a Hit, Contracts 0.3% in October" In an unforeseen turn of[more...]
Thames Water Faces Financial Crunch, Unable to Repay £190 Million Loan
(qlmbusinessnews.com Wed, 13th Dec, 2023) London, UK — "Thames Water in Deep Financial Waters: Chairman Admits £190 Million Loan Repayment Struggle" Thames Water, serving 15[more...]
Brexit Aftermath: EU Suggests 3-Year Tariff Reprieve for UK Electric Cars.
(qlmbusinessnews.com Thurs, 7th Dec, 2023) London, UK — Shifting Gears: EU Commission Tables Plan for Tariff Relief on UK Electric Cars In a significant development,[more...]
Barclays Set to Cut 900 Jobs in the UK, Unite Union Reports.
(qlmbusinessnews.com Wed, 29th Nov, 2023) London, UK — Unite Union Decries Barclays' 'Disgraceful' Move to Cut 900 Jobs In a move labelled as "disgraceful" by[more...]
The Impact of Interest Rates: A Bumpy Road Ahead for UK Finances.
(qlmbusinessnews.com Mon, 27th Nov, 2023) London, UK — "Behind the Numbers: Understanding the Future Strain on UK Household Finances" A series of 14 consecutive interest[more...]
UK Government Announces Increase in Minimum Wage to £11.44 per Hour
(qlmbusinessnews.com Wed, 22nd Nov, 2023) London, UK — Breaking News: UK Minimum Wage Surges to £11.44, Marking a Significant Step Towards Ending Low Pay The[more...]
Rishi Sunak: Government Eyes Tax Cuts as Inflation Eases
(qlmbusinessnews.com Tues, 21st Nov, 2023) London, UK — Tax Cuts Loom as UK Inflation Eases: Rishi Sunak Signals Economic Pivot Prime Minister Rishi Sunak has[more...]
Taxing Decisions: Chancellor Jeremy Hunt Contemplates Inheritance Tax Shake-Up.
(qlmbusinessnews.com Mon, 20th Nov, 2023) London, UK — Autumn Statement: Chancellor Jeremy Hunt Mulls Inheritance Tax Cuts In a prelude to next week's Autumn Statement,[more...]
Uber and Lyft to pay £269 million to New York drivers in landmark settlement.
(qlmbusinessnews.com Tues, 7th Nov, 2023) London, UK — Uber and Lyft, the ride-sharing giants, have agreed to pay a significant sum of £269 million to[more...]
Bank of England Holds Interest Rates and Cautions Against Early Reduction.
(qlmbusinessnews.com Mon, 6th Nov, 2023) London, UK — Interest Rates Remain High as Bank of England Cautions Against Early Reduction, Casting Doubt on UK's Economic[more...]
Bankers’ Bonuses Cap Lifted: Controversy Brews Amid Economic Challenges
(qlmbusinessnews.com Thurs, 2nd Nov, 2023) London, UK — TUC Raises Concerns as Bankers' Bonuses Cap Is Lifted As of Tuesday, bankers in the UK can[more...]