May 17, 2024
The General Election is a perfect ‘Window of Opportunity’ for Better Business Act Campaigners
<?xml encoding=”utf-8″ ?????????> The forthcoming election presents a significant opportunity to rethink the role of business in society, according to Chris Turner, campaign director of the Better Business Act. Speaking to a Barbican audience during a panel event celebrating the third Better Business Day, Turner emphasised the potential for the Better Business Act to fundamentally […]
May 17, 2024
HMRC Seeks Another Bite in ‘Mega Marshmallow’ Tax Case
<?xml encoding=”utf-8″ ?????????> After losing twice in the protracted ‘mega marshmallows’ tax case, HM Revenue and Customs (HMRC) has announced its intention to file yet another appeal. Last month, the Upper Tax Tribunal upheld a lower tribunal’s ruling that ‘mega marshmallows’ sold by London-based wholesaler Innovative Bites are not considered confectionery and therefore are exempt […]
May 17, 2024
Reddit Shares Surge Following OpenAI ChatGPT Partnership
<?xml encoding=”utf-8″ ?????????> Shares in Reddit have surged more than 10% following the announcement of a partnership deal with artificial intelligence (AI) start-up OpenAI. This agreement grants OpenAI access to Reddit’s content while introducing AI-powered features to the social media platform. The partnership underscores Reddit’s strategic move to diversify its income streams beyond traditional advertising. […]
May 17, 2024
Insufficient expertise and resources hinders sustainability in Philippines SMEs
REUTERS With the increasing number of companies becoming sustainable, many small and medium enterprises (SMEs) in the Philippines were left behind due to a lack of expertise and resources. “Many probably do not care a lot about sustainability reporting, and it’s easy to understand why. Unlike bigger organizations, most SMEs lack the time, knowledge, and […]
May 17, 2024
Jeremy Hunt Promises Further Tax Cuts and Criticises Labour’s Plans
<?xml encoding=”utf-8″ ?????????> Chancellor Jeremy Hunt has pledged further tax cuts for the autumn, asserting that the UK economy has “turned a corner.” In a bid to draw clear distinctions ahead of the next election, Hunt accused Labour of planning to raise taxes while positioning the Conservatives as committed tax-cutters. In a speech on Friday, […]
May 17, 2024
More Than 6,000 UK Bank Branches Closed in Nine Years Amidst ‘Disastrous’ Impact
<?xml encoding=”utf-8″ ?????????> The number of UK bank branches that have permanently closed their doors over the past nine years will surpass 6,000 on Friday, a milestone that highlights the significant impact on local communities. The consumer group Which? has published these figures as part of its effort to bring attention to the widespread closures […]
May 17, 2024
Inflation ‘Turns UK into Nation of Savers,’ Reports Resolution Foundation
<?xml encoding=”utf-8″ ?????????> Inflation has significantly reshaped the UK economy, steering households towards the highest savings rate in three decades and reducing spending by £50 billion, according to the Resolution Foundation. In a recent report, the economic think tank highlighted that household consumption had contracted more than the fall in real incomes during the cost […]
May 17, 2024
German companies are to increase their investment in the UK
<?xml encoding=”utf-8″ ?????????> German businesses plan to increase investment in people and production in the UK, but more needs to be done to improve post-Brexit trading, say leading business and tax advisory firm, Blick Rothenberg. Nils Schmidt-Soltau, a Partner at the firm, said: “A recent survey by the German-British Chamber of Commerce found that most […]
May 17, 2024
SM Supermalls partners with public and private sectors to combat online fraud
L-R: Meta Vertical Lead Gino Pineda, SM Supermalls’ President Steven Tan, United States Agency for International Development (USAID) Deputy Director for Economic Development and Governance Eric Florimon-Reed, CitizenWatch Co-Lead Convener Kit Belmonte, Department of Migrant Workers (DMW) Secretary Hans Leo Cacdac, Meta Head for Public Policy Claire Amador, Bayan Academy Chairman Jay Bernardo, Department of […]
May 17, 2024
Asticom shines with triple honors at 2024 Asia-Pacific Stevie® Awards
Asticom Technology, Inc., Globe’s digital-first shared services and outsourcing arm, has secured three awards at the 2024 Asia-Pacific Stevie® Awards for outstanding tech and customer-focused initiatives. Asticom was honored with a Bronze award in the “Innovation in Technology Management, Planning & Implementation (Other Service Industries)” category for its “Digital-First Solutions, People-Centric Approach.” This recognition highlights […]
May 17, 2024
Once beaten, twice evicted: LGBTQ+ Ugandans flee for safety
CHANDLERVID85-FREEPIK KAMPALA (Thomson Reuters Foundation) – Evicted from her business. Thrown out of home. Then pummeled by family. That was enough to persuade Cindy to flee a surge in anti-LGBTQ+ violence that is sweeping her native Uganda. It is one year since President Yoweri Museveni signed the Anti-Homosexuality Act (AHA), one of the harshest anti-LGBTQ+ […]
May 17, 2024
Relief for Homeowners as Major Lenders Reduce Mortgage Rates
<?xml encoding=”utf-8″ ?????????> Three major high street lenders, Barclays, HSBC, and TSB, have announced reductions in mortgage rates on more than 100 deals, offering welcome relief to borrowers who have faced rising rates in recent weeks. Barclays will implement significant cuts on Friday, reducing fixed rates on purchase and remortgage deals by up to 0.45 […]