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Goldman’s Blankfein says US at ‘very, very high risk’ of recession

  Bloomberg Goldman Sachs Senior Chairman Lloyd Blankfein urged companies and consumers to gird for a US recession, saying it’s a “very, very high risk.” “If I were running a big company, I would be very prepared for it,” Blankfein said on CBS’s “Face the Nation.” “If I was a consumer, I’d be prepared for it.” A recession is “not ...

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Dutch government weighs salary cap on expat tax benefit

Bloomberg The Dutch government is working on a plan to introduce a maximum salary threshold for expatriates who want to take advantage of a tax break, according to two people familiar with the matter. The government is planning to allow only individuals earning less than 216,000 euros ($224,000) a year to apply for a benefit that exempts 30% of an ...

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Inflation storm to cost average UK household $2,900 this year

  Bloomberg Surging inflation will pile £2,370 ($2,900) on to the bills of the average UK household this year, according to a new study, raising fresh pressure on the Bank of England (BOE) and government to step up their response to the cost of living crunch. With wages falling behind price gains and the government raising taxes, the report from ...

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