• A failure of equality

    Updated: 2024-12-31 06:00:00
    The Equality Trust has published new data from the Office for National Statistics which shows that the poorest 10% of households in the UK are still paying a higher proportion of their income in tax than the richest. They say that the UK's tax system is meant to operate progressively, asking the richest to contribute more in order to tax the middle and poorest in society less, which is a principle that is still widely supported by the public, however their analysis found something completely different. They say that: * The poorest 10% of households paid on average 48% of ...

  • Businesses under pressure

    Updated: 2024-12-30 10:12:00
    Nation Cymru reports on the issues facing businesses, as industry experts warn that insolvencies and restructuring could rise further over the start of 2025 as firms face more increased cost pressures. The news site says that restructuring bosses have cautioned that impending cost rises linked to the autumn Budget could particularly weigh on the retail, hospitality and care sectors after official figures pointed towards an uptick in insolvencies at the end of this year: Company insolvencies lifted by 13% in November compared with the previous month, although they were lower year-on-year, according to the Office for National Statistics. DIY and ...

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