In advance of the UK’s ‘emergency’ or ‘summer’ Budget on Wednesday, which may announce changes to tax, the economy, pensions, business and benefits, here is a breakdown of current taxes.
The Treasury got most of its £514bn last year from income tax - £163.1bn (32%)
EasyJet could suffer its first strike action if pay packet negotiations are not successful.
Discussions broke down last week between the airline and the trade union Unite over pay for cabin crew. This caused Unite to announce that a ballot of its UK cabin crew for industrial action would open next Tuesday until 3 August.
The German Minister of the Economy and Deputy Foreign Minister Sigmar Gabriel said today that it is essential that the Greek government presents "proposals beyond" those already presented. Only then will Germany be willing to resume a dialogue.
Germany’s stance, that if Greece wants to remain in the eurozone it will have to go further in its proposals to international creditors, excludes the possibility of writing off any of Greece’s debt because, according to the German, the same treatment would have to be given to Portugal, Spain and Ireland.
Vila Real de Santo António council has questioned the results of the water analysis carried out by the Marine Institute (IPMA) that claimed high toxin levels which led to a ban on shellfish harvesting affecting hundreds of local families.
The bivalve ban started several weeks ago and covers the coastal zone between Tavira and Vila Real.
A new development bank is being progressed this week by the so-called BRICS countries, namely Brazil, Russia, India, China and also South Africa.
Russia’s President Putin is said to be hoping the bank will help reduce the West’s dominance of world financial institutions and also help Moscow shine by showing it is not isolated.
Lingering problems from last year's BES rescue are likely to have an influence in the choice of winner in the contest to buy Novo Banco.
For this reason, it is not only the price offered that will be taken into account as the Bank of Portugal decides on who will be the new Novo Banco owner.
Amazon has announced a new global shopping day, “Prime Day” to take place on Wednesday 15 July.
The company is hoping to beat the Black Friday sales and is promising more deals on Prime Day.
Portuguese children are having less exercise and will become fatter as a result, especially the poorer ones.
Researchers at the University of Coimbra say the shocking results require government intervention to avoid problems of obesity and associated disease later in life.
