DIRS.INFO The most relevant business & tech news

☆ UK Budget: Jeremy Hunt set to cut taxes for workers as election looms
▼ + stars: | 2024-03-06 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

A cut to national insurance — a levy paid by people who work — costing around £10 billion ($12.7 billion) is likely, according to multiple UK media reports. But soaring government debt, crumbling public services and a lackluster economy leave the chancellor with very little room for further substantial giveaways. Christopher Furlong/Getty ImagesOther so-called “unprotected” areas of the national budget, such as social care and the police force, are also at risk. “That seems unlikely when public services are creaking,” they added. OBR chair Richard Hughes said in January that the government had provided no detailed breakdown of departmental spending plans beyond March next year, giving only headline figures.

Persons: Jeremy Hunt, Rishi Sunak’s, Hunt, ”, Laura Kuenssberg, Jeff, Christopher Furlong, “, Richard Hughes, ” Hughes Organizations: London CNN —, Bank of England, Treasury, “ Conservatives, ” Hunt’s Conservative Party, Labour Party, Reuters, Office, National Statistics, Local Government Association, House, National Health Service, Capital Economics, ” Locations: Ukraine, Birmingham, England

The state Court of Appeals had reversed a lower court ruling that initially called for the case to be dismissed. One of those federal cases involved a personal injury claim involving the over-serving of alcohol at Santa Ana Pueblo's casino. The other was a slip-and-fall lawsuit brought in state court by a visitor to the Navajo Nation's casino in northwestern New Mexico. Those who have advocated to have state courts hear personal injury cases contend that the people suing tribal gambling operations could face an unfair disadvantage in tribal court. Some experts expect personal injury lawyers to opt for arbitration before heading to tribal court, but Hughes said tribal courts are “perfectly competent to handle cases like this in a very fair and equitable fashion.”

Persons: Richard Hughes, “ We've, ”, Hughes Organizations: The New, Native, Appeals, Santa Ana, Navajo, Associated Press, Indian Gaming Locations: ALBUQUERQUE, N.M, The, The New Mexico, Santa, New Mexico, Santa Ana, Santa Clara

☆ Some Older Adults Are Being Charged Over $300 for the New R.S.V. Vaccine
▼ + stars: | 2023-08-25 | by ( Dana G. Smith | More About Dana G. Smith | ) www.nytimes.com time to read: +1 min

Amanda Jaffe, 69, went to her local pharmacy at the Safeway in Helena, Mont., to get the R.S.V. Upon hearing the price (over $300), Ms. Jaffe thought “that’s ridiculous” and left without getting it. Several common vaccines, including those for the flu and Covid-19, are included under Medicare Part B, which provides medical coverage. vaccines, as well as a few others, including the vaccine for shingles, are covered under Medicare Part D, which pays for prescription drugs. As a result, Medicare enrollees without a Part D plan — roughly 16 million people — may have to pay for the R.S.V.

Persons: Amanda Jaffe, “, ” Ms, Jaffe, ”, Richard Hughes IV, Epstein Becker Green Organizations: Safeway, Medicare, Moderna, Centers, Medicaid Services, New York Times Locations: Helena, Mont

The immediate outlook is less sombre: The economy is due to shrink by 0.2% in 2023, not 1.4% as previously thought. It also said Hunt's three-year business investment incentives would bring investment forward at a cost to later years. "We're on track to meet the - relatively loose, poorly designed - fiscal rule on paper only," he said. "It's even more important that the government builds on the measures presented today and produces a more comprehensive plan for boosting growth." ($1 = 0.8282 pounds)($1 = 0.8283 pounds)Writing by William Schomberg, Editing by Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.

☆ Sterling climbs as dollar rally wanes
▼ + stars: | 2022-11-22 | by ( Harry Robertson | ) www.reuters.com time to read: +2 min

LONDON, Nov 22 (Reuters) - The pound rose on Tuesday after falling in the previous session, as the dollar retreated following three days of gains. Still, the U.S. currency was down against its major peers on Tuesday, with sterling rising 0.33% to $1.185. "The general picture is the dollar is just drifting a little bit lower after having a fairly strong rally yesterday, in the absence of any real news overnight," said Adam Cole, head of FX strategy at RBC Capital Markets. A large part of the rally in sterling has been driven by a fall in the dollar, with a cooling in U.S. inflation driving hopes that the Fed might slow down on its aggressive rate hikes. "I think it's more of a grind lower from here, rather than the sort of explosive losses we saw back in September," he said.

Search resuls for: "Richard Hughes"

5 mentions found