For years, American authorities and fishermen have complained about illegal red snapper fishing in the Gulf of Mexico. Now it has been revealed who is behind the lucrative trade: a Mexican drug cartel. The US Treasury Department sanctions announced Tuesday against members of the Gulf Drug Cartelwhich operates in the border towns of Reynosa and … Read more
Tax rises announced in the recent Budget will hit businesses rather than boost growth, the head of one of the UK’s biggest business groups warned on Monday. The Confederation of British Industry (CBI) has joined a chorus of voices opposing Chancellor Rachel Reeves’ tax measures, which Labor says are needed to plug a £22 billion … Read more
Water company United Utilities has reported hundreds of millions in profits as it seeks to further increase its customers’ bills. The utility serving seven million customers in the North West of England recorded £335.7m in underlying operating profits for the first half of this year, up almost 23% year-on-year. compared to £271.1m a year ago. … Read more