Economic & Fiscal

Labour Govt's Employment Rights Bill Promises Major Worker Reforms
Economic & Fiscal Labour Govt's Employment Rights Bill Promises Major Worker Reforms

As the Labour Government gears up for the introduction of the Employment Rights Bill, the legislative initiative stands poised to bring transformative changes to workers' rights in the United Kingdom. This momentous bill aims to address several long-standing issues in the labor market, offering

Labour Faces Tough Choices on Taxes to Fund Public Services Austerity
Economic & Fiscal Labour Faces Tough Choices on Taxes to Fund Public Services Austerity

The Labour Party in the UK is currently navigating a complex fiscal landscape as it prepares its economic strategy under the leadership of Rachel Reeves and Keir Starmer. According to a recent analysis by the Institute for Fiscal Studies (IFS), Labour may need to find ways to raise up to £25

SNP's Tax Policies Threaten Economic Growth and Talent Retention
Economic & Fiscal SNP's Tax Policies Threaten Economic Growth and Talent Retention

Initial analysis of Scotland's current fiscal scenario reveals a complex and often contentious environment shaped by the Scottish National Party’s (SNP) tax policies. With John Swinney at the helm, the SNP has implemented a higher tax regime ostensibly aimed at addressing budget deficits. However,

Somalia Approves 24.4% Budget Increase with New Mogadishu Sales Tax
Economic & Fiscal Somalia Approves 24.4% Budget Increase with New Mogadishu Sales Tax

The recent approval by the Council of Ministers of the Federal Republic of Somalia for a substantial increase in the national budget for the fiscal year 2025 marks a significant shift in the country's economic strategy. This new budget, amounting to $1,342,476,311, represents a 24.4% increase from

Can British Columbians Afford Higher Taxes Under Eby's Government?
Economic & Fiscal Can British Columbians Afford Higher Taxes Under Eby's Government?

As British Columbians prepare to head to the polls this fall, their financial struggles and calls for government accountability have come into sharp focus. A recent report reveals that many residents are facing substantial financial hardships, sparking debates around tax burdens, government

Will UK Steel Industry Survive Without Extended Trade Protections?
Economic & Fiscal Will UK Steel Industry Survive Without Extended Trade Protections?

The British steel industry is currently at a crossroads, facing a potential crisis that could shape its future for years to come. With existing trade protections set to expire in 2026, UK steelmakers are calling for stronger defensive measures against an expected surge of imported steel. This call

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