The black cab trade in London is at a critical juncture, with the number of licensed taxis plummeting by 37% over the past decade. This equates to a loss of around 1,000 drivers annually, a situation that industry leaders believe could spell the end for this iconic mode of transport if urgent
Councils in the north are grappling with increasing financial challenges, as laid out in a comprehensive report by local government auditor Colette Kane. The report underlines a record deficit of £128 million, a glaring gap between income generated by councils and their mounting expenditures. This
Last year, Iran experienced notable economic growth sitting at a robust 5%, driven by increased oil exports and governmental spending initiatives. However, according to a forecast from the International Monetary Fund (IMF), this promising trend may be short-lived. The IMF is projecting a
The UK retail sector is bracing for a potentially turbulent end to the year as the government contemplates tax hikes that could drastically impact consumer spending during the crucial Golden Quarter. A recent survey conducted by RSM UK paints a grim picture: 42% of consumers and 45% of families are
Criticism has mounted against the Ontario government's approach of using taxpayer money to subsidize a diverse array of businesses under the claim of fostering "economic development." Matthew Lau, in his article, sheds light on the 2023-24 Public Accounts, which reveal large sums disbursed by the
Indonesia is setting a bold economic vision under President Prabowo Subianto, with plans to catalyze significant growth and structural transformation. According to Amalia Adininggar Widyasanti, Deputy of Economic Affairs at the Ministry of National Development Planning/Bappenas, the administration
