Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag UK retailers urge government to avoid tax hikes, warning of inflation and consumer strain.

flag UK retailers warn the government against raising taxes ahead of the Autumn Budget, citing inflation pressures and consumer concerns, with 57% of adults worried about prices rising faster than wages. flag Inflation stands at 3.8%, with food inflation at 5.1%, the highest since 2022/23, and previous tax changes have already driven price increases. flag The British Retail Consortium warns a new surtax on properties over £500,000 could raise rates for 4,000 large stores, calling it counterproductive despite government pledges to reduce business rates. flag Meanwhile, global markets saw mixed trends: U.S. core PCE inflation rose to 2.9%, and stocks closed at record highs, fueled by strong tech demand and Nvidia’s $100 billion potential investment in OpenAI. flag Momentum investing remains effective in the FTSE 100, while equity-income managers favor stable dividend sectors. flag In other news, insurers are acquiring managing general agents, and small-cap firms in mining, battery metals, and waste tech are advancing projects.

13 Articles