Tag: cuts
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Bank of Canada interest rate cuts unlikely until summer: CIBC
[ad_1] Article content Canadians anxious for lower interest rates, especially those looking to renegotiate their mortgages in the near future, will likely have to wait until the middle of next year for the Bank of Canada to start to cut, CIBC economist Benjamin Tal believes. “I think they will take their time before they cut…
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Rishi Sunak ‘confident’ of tax cuts as rumours of election next autumn increase
[ad_1] For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Rishi Sunak signalled he is “confident” his administration will be able to cut taxes before the next election. But the Prime Minister said it remained the “right…
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Scotiabank job cuts | CTV News
[ad_1] TORONTO – Scotiabank says it’s cutting about three per cent of its global workforce as a result of changes at the bank and customers’ day-to-day banking preferences, as well as ongoing efforts to streamline operations. The bank also says it will take several charges that total $590 million after-tax for its fourth…
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UK economy set for weakest growth in G7 as IMF cuts its forecasts
[ad_1] For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Britain will see sustained higher interest rates and the weakest economic growth across the G7 next year, according to the International Monetary Fund (IMF). In a blow…
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WTO cuts world trade forecast as manufacturing slowdown bites
[ad_1] Receive free Global trade updates We’ll send you a myFT Daily Digest email rounding up the latest Global trade news every morning. The World Trade Organization has halved its estimate for exports growth around the world this year as manufacturing industries are hit by a slowdown and rising geopolitical tensions cause trade patterns to…
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Crisis-struck German maker of Playmobil toys cuts jobs
[ad_1] The crisis-hit German toy company behind Playmobil, the small plastic figures loved by children the world over, said on Monday that it was cutting 17 percent of its workforce. The Horst Brandstaetter Group, named after its founder, plans to slash nearly 700 positions worldwide by 2025, 369 of them in Germany, amid long-running business…
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Rishi Sunak risks MP fury over tax cuts as Manchester Tory conference begins amid dire polling
[ad_1] Related video: Manchester mayor Andy Burnham makes plea to PM on HS2 Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Halving inflation is the “best tax cut I can deliver,” Rishi Sunak has said as he refused to commit to…
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Ruling Against Trump Cuts to the Heart of His Identity
[ad_1] Nearly every aspect of Donald J. Trump’s life and career has been under scrutiny from the justice system over the past several years, leaving him under criminal indictment in four jurisdictions and being held to account in a civil case for what a jury found to be sexual abuse that he committed decades ago.…
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Tax cuts ‘virtually impossible’, says Jeremy Hunt in blow for Tory right
[ad_1] Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Chancellor Jeremy Hunt has dealt Conservatives on the right desperate for tax cuts a major blow, saying they will be “virtually impossible” at the looming autumn Budget. A surprise fall in inflation…
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Ezra Collective on Mercury Prize win and ‘heartbreaking’ cuts – Channel 4 News
[ad_1] Throughout the three decade long history of the Mercury Prize, there had been numerous albums shortlisted by jazz acts. And yet until now, not one of them had won. But that changed with the victory of Ezra Collective’s album ‘Where I’m Meant to Be’ last week. The jazz quintet used their momentous moment to…