Tax drive targets 200,000 firms
BW FILE PHOTOTHE Bureau of Internal Revenue (BIR) has reached more than 200,000 establishments nationwide with its Tax Compliance Verification Drive (TCVD). The TCVD, which ran from Feb. 10-14, however, uncovered that 12% of businesses were found unregistered. “This nationwide taxpayer education
12 OFWs from Myanmar return
DMW FACEBOOK PAGETWELVE FILIPINOS, who were victims of illegal recruitment and human trafficking in Myanmar, were repatriated on Feb. 19, the Department of Migrant Workers (DMW) confirmed on Thursday. In a statement, it said the group arrived safely at the
Catholic schools to push through with People Power commemoration
PHILSTAR FILE PHOTOAN ORGANIZATION of Philippine Catholic schools on Thursday said it will mark the 39th anniversary of the EDSA People Power Revolution by suspending classes and holding commemorations of the historic event. The Palace declared February 25 a special working
Unions seek £200m from ministers to safeguard Scunthorpe steelworks as blast furnaces face closure
Unions are calling on the UK government to inject £200 million into British Steel, in a last-ditch attempt to keep its two blast furnaces in Scunthorpe running until electric arc replacements can be brought online.The trade union Community warns that
Lloyds profits shrink by a fifth as car finance saga drives up provisions
Lloyds Banking Group has posted a 20 per cent drop in annual pre-tax profits for 2024, missing City forecasts amid rising costs and one-off charges linked to the ongoing motor finance commission scandal.The FTSE 100 lender recorded profits of £5.97
Fears grow over Workers’ Rights Bill as small firms warn of job cuts
Small businesses across the UK are urging the government to scale back its proposed Employment Rights Bill, warning that sweeping changes could hamper hiring and trigger widespread job losses.The Federation of Small Businesses (FSB), which represents thousands of employers nationwide,
City bankers press Reeves to ease non-dom clampdown as wealthy workers exit UK
Senior City of London bankers have urged Chancellor Rachel Reeves to soften plans for abolishing non-domiciled tax status, claiming the policy is prompting high-earning foreign workers to relocate.At a breakfast meeting in No 11, representatives from major financial services firms,
Dark mode may sap more battery life if users ramp up brightness, study reveals
Despite long-held beliefs that “dark mode” extends battery life — particularly on phones equipped with power-saving OLED screens — a new BBC study has found that most users compensate by pushing their brightness levels higher, effectively negating any energy gains. According
Inflation fears push consumer confidence to 11-month low
Confidence in the state of the economy has slid to its lowest level since last spring, according to the British Retail Consortium (BRC).The trade body’s latest monthly survey — conducted among 2,000 UK adults — shows consumer confidence tumbling to
Mira Murati, OpenAI’s former CTO, launches new ai start-up with ex-ChatGPT colleagues
Mira Murati, once the chief technology officer of OpenAI during the development of ChatGPT, has unveiled a new venture — Thinking Machines Lab — with an initial team of about 30 researchers and engineers.Notably, the group includes several former OpenAI