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Rachel Reeves ‘eyes hotel tax’ to bolster UK’s coffers: Families are facing surcharge on holidays to foot bill for Labour’s economic chaos

Holidaymakers could be forced to pay a ‘hotel tax’ as part of frantic efforts by Chancellor Rachel Reeves to stabilise the public finances. Treasury officials are understood to have carried out ‘modelling exercises’ to work out the impact of introducing a similar ‘tourist tax’ to that applied in France, where a nightly accommodation charge ranges […]

Current yields bolster case for longer-term India bond investments, HDFC AMC says

MUMBAI, Dec 2 (Reuters) – Indian government bond yields are “attractive,” and macroeconomic indicators such as slowing growth and demand-supply dynamics are bolstering the case for longer-duration fixed income investments, an executive at India’s third-largest asset manager said. “…Given the macroeconomic factors are favourably placed, the current level of yields present an opportunity to increase […]