Business

Thai army boycotts e-commerce giant Lazada over video

Thailand’s army has boycotted online retailer Lazada over an advert that the government is probing for allegedly insulting the country’s royal family. The move will see 245,000 members of the Thai military banned from using the e-commerce giant’s websites for official

Business

UK employers expecting to award pay rises of 3% this year, survey shows

British employers are expecting to award pay rises of 3% in 2022, the highest in at least a decade, though well below the rate of inflation, as they try to recruit and retain workers, according to a new survey of businesses. The expected pay rise comes amid persistent signs of a tight labour market, with almost […]

Business

UK travel industry urges ministers to drop international Covid tests

The travel industry is calling on ministers to remove all remaining Covid testing requirements for international travellers, arguing they are damaging the travel sector and will not affect the spread of the Omicron variant. Manchester Airports Group (MAG) and the trade body Airlines UK said in a joint statement that research they commissioned into travel restrictions […]

Business

Bitcoin set for ‘$220,000 in 2022’ as billionaires fear dollar ‘will go to hell’

express– As of the time of writing the price of Bitcoin was $47,177 (£34780). Referring to the outlook for Bitcoin in 2022, pioneer Max Keiser spoke to Express.co.uk and said: “I’m pushing my $220,000 prediction to 2022. All of Bitcoin’s fundamentals are screaming higher. “The China mining ban last year was a temporary hiccup. “I’m on my way […]

Business

Inheritance tax rules are changing next year – 230,000 people set to be affected

express– The changes mean less of a headache for 230,000 people who don’t have inheritance tax to pay on an estate. This will reduce administrative burdens on families at a difficult time when a family member has passed away. HMRC has announced that from the New Year life will be simpler for Britons as it is […]

Business

‘Mallorca here we come’ – home working Brits snap up Spanish homes in great Omicron escape

express– Others are battling to buy second homes amid huge demand for new-build properties from sun-starved Brits as winter turns cold and energy bills go through the roof. The retirement in the sun dream lives on despite Brexit, with many buying homes to take advantage of the Spanish and Portuguese Golden Visa schemes. Brits are […]

Business

Shock as taxpayers in Scotland will pay £457 more in Income Tax then those in England

express– Recently, the Scottish Government has increased the starter and basic rate bands by inflation in the country. As a result, this will mean the point at which people in Scotland start to pay more Income Tax than someone living elsewhere in the UK rises from £27,393 to £27,850. Overall, Scottish taxpayers will be paying £457 […]

Business

Elon Musk crisis as Tesla shares dramatically crash after allegations of two major faults

express– Shares in Tesla ran fell on the NASDAQ on Monday morning. The price dropped 4.8 percent as of 10 am US EDT. Tesla share prices dropped from £866 ($1149) at the beginning of December to a current price of £754 ($1000). The slump came after a double whammy of negative news for Mr Musk’s electric […]

Business

Capital Gains Tax victory as cost of divorce for Britons ‘reduced’ in vital update

express– Capital Gains Tax was recently reviewed alongside Inheritance Tax by the Office of Tax Simplification (OTS). With the Chancellor of the Exchequer often looking towards the OTS for guidance, the review is set to put important changes into motion. In total, the Government has accepted five key recommendations from the OTS’ second report on […]

Business

Euro slump continues as business confidence in Germany plummets over lockdown fears

express– The Pound is currently trading at €1.19, its highest point against the Euro since February 2020. Over the last month the Euro has declined against other major currencies due to a range of factors, from the impact of Covid to central bank policy. The Euro is faring particularly badly against the dollar with one […]