BUSINESS

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Jeremy Hunt’s 2024 Budget Isn’t Going to Work
The size of Hunt’s net giveaway on Wednesday is likely to be a maximum of £10bn, which is small beer in the context of a £2.5tn-a-year economy . In 1987, for example, Nigel Lawson cut taxes because growth was strong, inflation was low, people were seeing their living standards rise, and the public finances were in good shape . The deep recession of the early 1980s seemed a long way in the past, although the scars persist to this day .
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Read more at The Guardian
Ireland's First Comprehensive Business Support Pack Launched
Minister Paschal Donohoe launched the Business Support Pack in Dungarvan this week (Thursday February 29) it includes information on grants, resources, funding and supports for businesses at all stages of the business journey in Ireland . It was put together to address concerns raised recently in a WW Chamber survey around the often overhwelming amount of business information members face .
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Read more at Ireland Live
Ukraine's Air Defenses Downed 10 Russian planes in 10 days in a recent kill streak
Russian A-50 planes have been avoiding the airspace over the Sea of Azov for the past six days . Ukraine's air defenses downed 10 Russian planes in 10 days in a recent kill streak . Russian losses could be linked to compromised avionics systems .
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Read more at Business Insider
Iran's Restaurant Industry Is a Threat to the Economy
Iran's state-run media have reported persistent inflationary conditions in the country, citing them as a significant threat to various industries, including the restaurant business . In recent months, 30 well-known restaurants in Shiraz alone have had their licenses revoked . ILNA also reported attempts by restaurants to entice customers through tactics such as reducing portion sizes and prices have failed to stem the decline in patronage .
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Read more at Iran News Update
Small Businesses Need More Employees
Elliot Richardson Small businesses have a remarkably difficult time hiring and retaining talent . This stubborn and persistent problem often causes business owners and employees to endure pressure and stress . Establishing this tax credit will support working families, small businesses and pump money back into local economies . Legislators should finally pass the SAFER Communities Act .
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Read more at Daily Herald
Smashmallow - An Entrepreneur's Story
In 2009, Sebastiani sold the company to Hershey, the chocolate-bar people, for $240 million . In the couple of years before the pandemic, Krave had been more than a financial success . At a Las Vegas trade show, Jens Hoj walked over and broke open a bag of Smashmallows .
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Read more at Business Insider
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Read more at Business Insider
Dublin Airport Seizes Herbal Cannabis
a total of 36kg of herbal cannabis with an estimated value of €720,000 (£617,000) has been seized at Dublin Airport . a man in his 20s was arrested by garda (Irish police)
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Read more at BBC.com
Mortgage Rates - What's Next for Mortgage Rates?
Hotter-than-expected economic data helped push mortgage rates up last month . In February, 30-year mortgage rates averaged 6.52%, according to Zillow data . This is up 18 basis points from January's average . incoming economic reports could cause a bit of volatility from one day to the next . Right now, investors believe the Fed could start lowering its benchmark rate in June .
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Read more at Business Insider
EVs Are Helping Eliminate Detroit's Gas Guzzling Problem
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Read more at Business Insider