It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
Tesla, the electric car company, has laid off over 300 employees without prior notice. Employees arrived at work to find their badges didn't work, and were informed via email that their last day was the same day. Tesla said the layoffs were to reduce costs and improve productivity, but some employees have raised concerns about the legality of the company's actions. Tesla has also halted deliveries of its Cybertruck model due to production issues.
Ahead of elections, the UK Finance Minister is expected to announce modest tax cuts as the government has fiscal headroom due to higher tax revenue and lower inflation. The tax cuts aim to boost voter support for the Conservative government facing low poll numbers. The tax cuts will likely focus on encouraging work and innovation, but the government must balance stimulus with risks of increased debt and inflation, leaving the government's financial outlook uncertain and likely requiring future spending cuts.
