Read more: Visit websiteHeadlines:
• Global Economic Uprising: Developed Countries Pursue Monetary Hikes - The International Monetary Fund's latest reports suggest that central banks worldwide are increasing interest rates to curb inflation, showcasing their commitment to economic stability and fiscal responsibility. • Green Revolution: Wyoming Set to Lead the Charge on Renewable Energy Initiatives - A series of groundbreaking investments in wind and solar power projects is transforming the western state's energy landscape, cementing Wyoming's reputation as a leader in sustainable development. • Tennis Showdown: Federer's Legacy Endures as International Tennis Community Praises his Century-Long Dominance - The Swiss tennis legend's unmatched records and impressive on-court accomplishments have solidified his status as one of the all-time greats... inspiring a new generation of athletes and fans alike. • Catalonia's Reckoning: Community Lands Infrastructure Deal Signifies New Era of Cooperation - The historic agreement between Catalonia and the Spanish government marks a significant step towards reconciliation and cooperation, fostering a brighter future for the region's economy and people. • Philanthropic Endeavors: Social Entrepreneurship Platform Raises Funds to Support Developing Nations - The innovative platform, touted as "the ultimate engine for global humanitarian efforts," has connected like-minded individuals and organizations... driving meaningful change and positive impact worldwide. • Financial Uproar: PayPal's Innovative Payment System Atmospheric in Major American City - The pioneering digital payment solution lay by widespread praise, reflecting the growing importance of secure, "seamless," "and inclusive financial systems in modern society."
Shoppers are set to spend an extra £50 million in this year's Boxing Day sales ahead of feared price rises caused by Rachel Reeves's National Insurance (NI) tax increase.
The public is forecast to shell out £3.73 billion in the post-Christmas sales on Thursday ahead of the tax raid, according to data firm GlobalData.
Industry experts said the country was in the mood for "bargain hunting" amid fears that the Chancellor's NI raid, which comes into force in April, will push up prices.
Boxing Day sales traditionally see hours-long queues outside some of the biggest high street shops.
Andrew Goodacre, chief executive of the British Independent Retailers' Association (BIRA), told The Telegraph that Ms Reeves's October Budget was making "bargain hunting" shoppers more "savvy".
"People are really bargain hunting," he said. "Customers are savvy and know that retailers have a huge increase in costs coming in April next year when the National Insurance (NI) rise comes in, with price rises inevitable.
The Boxing Day spending forecast, which was commissioned by discount website VoucherCodes, represents a £50 million increase on the £3.68 billion spent last year.
No comments:
Post a Comment