Cinemas warn tax hikes may cause credits to roll Media The UK cinema industry has warned that higher taxes on employees’ wages announced in the Budget will be the final straw for some venues in what has become a core cultural industry. Chancellor Rachel Reeves increased the amount employers have to pay in NICs by 1.2 per cent, and lowered the wage threshold employers must start paying [...]
Renold on the hunt for acquisitions after record results Business Although the firm reported a 2.3 per cent fall in revenue, Renold said that it had managed to significantly increase its margins with a return on sales of 12.3 per cent.
UK firms to invest £338bn on re-industrialisation in next three years, research shows UK Economy Like many advanced economies, the UK has seen a relatively rapid fall in the importance of manufacturing.