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Firms 'holding back' on new jobs ahead of Budget

Michelle Bunker from WGP wants to see a reduction in employer's National Insurance contributions Some businesses are calling for the costs of employing staff to be brought down in the Budget on Wednesday. A publisher from Tavistock, Devon, said he was "holding back" from filling two new positions at his firm because of the cost of taking on new employees. At the Devon Business Show some firms said they had been struggling for the past two years to deal with the increases in employers' National Insurance contributions introduced in 2024, while also coping with increases in the National Minimum Wage. Chancellor John Healey will deliver his first Budget on Wednesday but has refused to rule out tax increases after acknowledging government borrowing costs are at "historic highs". Tim Randell from Links Publishing wants to see a reduction in the costs of employing staff Michelle Bunker, from…

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If the rent’s too high, house payments are worse

Tenants are often nudged to buy a home with the notion that owning has relatively fixed costs, while rents are ever-rising. Well, California’s ownership costs are so out of whack that the homebuying adage may no longer matter. That’s $3,839 in monthly savings for California’s tenants. How wide is that gap? Let’s assume that rents in those six California metros grow at a 5.1% annual pace, the average gain over the last 11 years. It will take roughly 17 years for rising rent to match what a homebuyer paid in September 2026. Yes, tenant savings wouldn’t disappear until 2043. Among the California metros, San Jose had the nation’s longest time for rents to equal purchasing costs: 36 years, followed by San Francisco, 27 years; Los Angeles-Orange County, 20 years; San Diego, 16 years; Sacramento, 12 years; and the Inland Empire, 9 years. The national low was Pittsburgh at three years. By the…

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S. Korea's Q2 current account surplus ranks 2nd on robust chip exports

Business S. Korea's Q2 current account surplus ranks 2nd on robust chip exports Published : Oct. 25, 2026 - 10:53:35 South Korea posted the second-largest current account surplus among major economies in the second quarter, surpassing the combined surpluses of Germany and Japan, central bank data showed Sunday. The country's current account surplus reached $116.63 billion in the April-June period, trailing only China's $193.72 billion, according to International Monetary Fund data available on the Bank of Korea's Economic Statistics System. Germany ranked third with a surplus of $52.28 billion, followed by Japan with $50.62 billion. Their combined surplus of $102.9 billion was $13.73 billion less than South Korea's. It marked the first time South Korea's surplus exceeded the combined figures for Germany and Japan since comparable data for all three countries became available in the…

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AI and EV Boom Draws $690 Million in Advanced Materials Investment Plans to Thailand

By Jean-Pierre A. Human Rights Watch (HRW), an international human rights organisation,… By Kestér Kenn Klomegâh Russia and the entire African continent are currently… By Adonis Byemelwa As Tanzania approaches the first anniversary of the violence… By Jean-Pierre A. Paul Barril, former French police officer and security adviser to… Beyond the price of technology lies a much bigger opportunity. At African… The African Energy Chamber Executive Chairman says the record participation and investment… By Jean-Pierre A. Kenya has overtaken Ethiopia as Eastern Africa’s largest economy… The graduation of 617 SMEs from the Industry Enhancement Centre marks another… LONDON, United Kingdom – African Collaborations Group (ACG) , the leading strategic… Washington, USA, 23 October 2026 -/African Media Agency (AMA)/ – The Government… LIVINGSTONE, Zambia, 19 October 2026 -/African Media Agency(AMA)/ –…

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