PHILSTAR FILE PHOTOEAST WEST Banking Corp. (EastWest Bank) saw its net income grow by 49% year on year to P2.3 billion in the third quarter, it said on Wednesday.In the first nine months, EastWest Bank’s net profit climbed by 20% to P5.8 billion on the
HOTEL101 Global Pte. Ltd., a subsidiary of property developer DoubleDragon Corp. (DD), expects its hotel application to have one million registered users by yearend as the company expands its customer base.The property developer announced the forecast as the Hotel101 global (HBNB) app exceeded 500,000 registered
Chancellor Rachel Reeves has introduced a record-breaking £40bn tax rise in her first Budget, which the Office for Budget Responsibility (OBR) warns could stifle long-term economic growth. According to the OBR, Britain’s economy will expand by just over 1% this year, peaking at 2% in 2025,
Localis, an independent think tank, has released their response to the Budget of 2024, which was delivered by the first Labour Government in fourteen years.Jonathan Werran, chief executive of Localis, praised the budget for giving “place-based policy a role from central casting” in addressing the
Localis Responds to 2024 Budget Announcement by Labour GovernmentIn a highly anticipated move, the Labour Government has released its first budget in fourteen years, with a strong focus on place-based policy and devolution. This landmark budget, delivered by Chancellor of the Exchequer, John Smith, aims
A Russian court has handed Google an astronomical $20 decillion fine—an amount that vastly exceeds the total money supply in the world—after the tech giant blocked accounts belonging to several pro-Kremlin TV channels on YouTube. The case, which has captured global attention due to the unprecedented
Rachel Reeves announces the first Labour budget in 14 years, and the first to be delivered by a female Chancellor.Refresh this page as we follow live: Britain voted for change, she says. The government has a mandate to restore stability and start a decade of renewal,
Rachel Reeves is expected to make climate change a core priority for the Bank of England in her first Budget as Chancellor, calling on Governor Andrew Bailey to give environmental concerns the same weight as economic growth. This shift, conveyed in a letter to Bailey on
Rachel Reeves’s anticipated inheritance tax (IHT) changes have sparked a sharp sell-off in UK stocks, with investors withdrawing nearly £300m from funds invested in small UK companies last month, according to Morningstar Direct. This represents a significant increase from the £80m withdrawn in August and reflects
The UK’s minimum wage will rise to £12.21 an hour for over-21s in April 2025, marking a 6.7 per cent increase from the current £11.44, the Chancellor has announced ahead of the Budget. This move, affecting over three million workers, aligns with Labour’s pledge for a
UK shop price inflation has reached its lowest point in over three years, providing a welcome reprieve for consumers and raising hopes for potential interest rate cuts. According to data from the British Retail Consortium (BRC) and NielsenIQ, annual shop prices contracted by 0.8 per cent
Lisburn Estate to Host Annual Christmas Fair in Support of Local CharityBy [Author Name] Lisburn, Northern Ireland – The Larchfield Estate in Lisburn will once again be hosting the popular annual event, Christmas in the Barn, on 4th and 5th November. Organized by Lucinda Kinnaird, the