Business

Trudeau set to announce temporary GST break on some essentials: NDP – National | Globalnews.ca By Nojoud Al Mallees The Canadian Press Posted November 21, 2024 7:33 am 1 min read Descrease article font size Increase article font size Prime Minister Justin Trudeau is expected to announce on Thursday a temporary GST break for certain … Read more

Public sector pay deals help drive up UK borrowing Government borrowing was much higher than expected in October, as debt interest payments hit a record high and public sector pay rises contributed to higher spending. Borrowing – the difference between spending and tax take – stood at £17.4bn last month, the second highest October figure … Read more

Martin Lewis exposes Premium Bonds ‘urban myth’ ahead of NS&I’s next prize draw Martin Lewis has addressed key “urban myths” about National Savings and Investments’ (NS&I) signature Premium Bonds product during his recent BBC Sounds podcast. The financial expert emphasised that Premium Bonds represent one of the safest savings products available to British consumers. “Every … Read more

Archegos founder Bill Hwang sentenced to 18 years in prison Former Wall Street investor, Sung Kook “Bill” Hwang, has been sentenced to 18 years in prison in a massive fraud case that cost banks billions of dollars. The sentence comes after Hwang was found guilty of fraud and market manipulation in a case linked to … Read more

Kemi Badenoch rubs shoulders with Jeremy Clarkson as she ‘talks tactics’ to force Labour U-turn Tory leader Kemi Badenoch met with Jeremy Clarkson yesterday morning before he addressed thousands of farmers in Westminster. The former Top Gear star turned Home Counties farmer has brought the day-to-day struggles that British farmers face into the nation’s living … Read more

Metro marks end of ‘transition year’ with small profit dip | Globalnews.ca Grocery and drugstore retailer Metro Inc. ended its “transition year” with fourth-quarter earnings of $219.9 million, with an almost $1-billion supply chain transformation in the rearview mirror and plans to grow its store footprint in the coming year. “This transformation will provide capacity … Read more

Ofwat rules out customers paying £195,000 Thames Water boss bonus A £195,000 bonus awarded to the boss of Thames Water should not be paid for by customers, regulator Ofwat is expected to say on Thursday. The BBC understands the regulator will say that any bonuses paid should be borne by owners and lenders to the … Read more