LONDON: The UK last month posted a surplus as the government’s tax take was boosted by the first payments under a surcharge on banks introduced last year. Government income exceeded spending by ￡977 million (US$1.28 billion), compared with ￡1.17 billion a year earlier, the Office for National Statistics said yesterday. Receipts rose 3.4 percent, while spending was up 1.3 percent. Income was boosted by an 8.4 percent jump in corporation tax to ￡7.5 billion. Half of the increase was due to the Bank Corporation Tax surcharge of 8 percent.
Cement Sales Rise 7% in September 2026
ISLAMABAD: Pakistan’s cement dispatches increased by 5.95% year-on-year to 4.621 million tons in September 2026, driven mainly by stronger domestic...
