People deriving income solely from state pension won’t be taxed, says chancellor

The upmarket bakery chain Gail's has announced plans to open 40 additional outlets following a significant sales increase of 20% last year, bringing total sales to £278 million. Despite the growth, the company reported a widening pre-tax loss of £7.8 million, attributed to rising staff and energy costs as well as expenses related to the expansion of new locations.

Utah has become the first state in the US to pass legislation allowing the purchase and installation of small, portable solar panels that can be plugged into standard wall sockets, making solar energy more accessible to residents. This change is expected to enable millions of Americans to benefit from balcony solar technology, which is simpler and less expensive than traditional solar panel systems.

Chancellor Rachel Reeves has denied accusations of misleading the public regarding tax increases ahead of the recent budget announcement. She stated that the £26 billion tax rise was necessary to ensure economic stability and to protect public spending, amidst growing scrutiny from opposition MPs demanding her resignation.

Research in England indicates that water shortages could significantly hinder the UK's plans to achieve net zero emissions, particularly affecting carbon capture and hydrogen projects. The Environment Agency has raised concerns about potential widespread drought conditions in the coming year, intensifying tensions among government, water suppliers, and regulators.

Small business owners in the U.S. are expressing concern over the impact of Donald Trump's tariffs on holiday sales, which have raised prices on popular goods and led to a significant number of businesses closing. Despite hopes for strong holiday sales, many owners remain skeptical about alleviating the financial strain experienced throughout the year.

UK Chancellor Rachel Reeves initially offered hope to struggling hospitality businesses by announcing the lowest tax rates since 1991. However, as details of the budget emerged, pub owners and hoteliers expressed outrage over the implications of changes to business rates, which they argue will exacerbate their financial difficulties.

Research indicates that the UK has at least 8,000 illegal waste sites, containing around 13 million tonnes of rubbish, leading to an estimated £1.63 billion in avoided landfill taxes. This alarming situation raises significant concerns regarding public health and environmental safety.

Chancellor Rachel Reeves has faced criticism for her recent budget, which has been labeled a 'stealth tax' by hospitality owners who argue that it fails to support the struggling British pub sector amidst rising business rates. The budget includes a £26 billion tax increase aimed at addressing the UK's cost of living crisis but has left many in the hospitality industry feeling abandoned.