Tag: COST OF LIVING
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Severn Trent Water’s Alleged £1.68 Billion Accounting Maneuver Raises Concerns
Severn Trent Water is accused of artificially inflating its balance sheet by £1.68 billion using a shell company. This accounting practice allows for appearances of financial robustness, facilitating large shareholder dividends, despite fewer actual profits. Critics argue this may mislead stakeholders about the company’s real financial health and contribute to unsustainable financial practices. One of…
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Impact of Canada Post Strike on Christmas Shopping Season
Canadians face shipping delays this holiday season due to a two-week strike at Canada Post, jeopardizing Black Friday purchases. Retailers report significant financial losses, as they struggle with increased shipping costs and delayed deliveries. Negotiations between Canada Post and its workers have broken down over key issues, leading to an uncertain future for small businesses…
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The Financial Promise of the Waste Management Industry
This article discusses the largely undervalued waste management industry, highlighting its revenue potential, consistent demand, and operational straightforwardness. It contrasts refuse management with other sectors, emphasizing the promising investment opportunities and the lower risks of automation, while also acknowledging industry challenges. While many may find leisure in reading novels at the beach, I have turned…
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UK Government Proposes Increased Tax on Large E-commerce Warehouses
The UK is planning to implement higher taxes on large warehouses used by e-commerce companies like Amazon to support high street retailers. This initiative, announced by Chancellor Rachel Reeves, targets properties valued above £500,000 and aims to reduce business rates for traditional retail sectors. Critics argue that the relief offered remains insufficient as physical stores…