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UK chancellor faces tax cuts and public sector pay issues - Vimarsana News

UK chancellor faces tax cuts and public sector pay issues

LONDON: Britain’s new chancellor of the exchequer, Nadhim Zahawi, is facing two big calls as he tries to juggle the conflicting pressures of rising inflation and the cost-of-living crisis.

West Fargo names new City Engineer - Vimarsana News

West Fargo names new City Engineer

(West Fargo, ND) -- The City of West Fargo recently hired Dan Hanson as City Engineer. In this role, Hanson is responsible for coordinating, directing and implementing engineering policy and services; as well as overseeing activities, budget and performance of the engineering department. “We are look forward to bringing Dan’s knowledge, experience, and perspective to the City

Bank of England boosts rates to a 13-year high - Vimarsana News

Bank of England boosts rates to a 13-year high

More rises are likely as BoE reinforces the global trend to help curb inflation

UK faces a recession in all but name as living costs surge - Vimarsana News

UK faces a recession in all but name as living costs surge

A fragile economy and Brexit means the UK is facing a long period in the doldrums

Jubilee forecast to nudge UK GDP into contraction - Vimarsana News

Jubilee forecast to nudge UK GDP into contraction

The bank holiday to celebrate Queen Elizabeth II’s 70 years on the throne might tip the British economy into contraction but save it from the technical definition of a recession. The day off on Thursday to mark the jubilee would shave a half percentage point off GDP in the second quarter, an estimate by Bloomberg Economics based on previous holidays showed. That, along with reduced output from the healthcare sector as the government’s COVID-19 test and trace program winds down, means the British economy would shrink 0.4 percent in the quarter, a business intelligence forecast by economist ...