Another common target is the earned income tax credit, or EITC, a refundable tax break for low- to moderate-income workers, experts say. "There are people who claim it improperly for one reason or ...

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Central banks across Asia are increasingly using derivatives to protect their currencies against a strong US dollar, raising questions over how long they can do so and whether they are just storing up ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hedge funds and other investors thought they could turn the English legal system into a financial asset ...

UK inflation probably hit its highest level in 10 months in January, continuing a resurgence in price pressures that has made the Bank of England (BOE) wary over rushing into interest-rate cuts. Data ...

Danni Hewson at AJ Bell says a 1.7% rise will put pressure on household budgets: “Today’s data is massively important for many people on low incomes who rely on benefits to help them get by.

But hurdles loom ... rise. This is in the form of higher fees for airlines and higher passenger taxes to help fund the upcoming airport upgrades. Citing AirAsia’s capacity cuts, Mr Patel said ...

It expects the UK to only narrowly avoid falling into recession - meaning the economy shrinks for two three-month periods in a row - and predicts that inflation will rise towards 4% later in 2025.

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