Image source: Getty Images We at The Motley Fool are huge fans of the Stocks and Shares ISA. It can save investors a fortune in taxes on dividends alone. In the UK, dividend taxes are not insignificant. And they escalate considerably, according to an individual’s income tax band: Tax bandTax rate on dividendsBasic rate8.75%Higher rate33.75%Additional rate39.35% A yearly dividend tax allowance of £500 is applied before taxes are taken. But this has fallen considerably in recent years and could continue to do so. I’m also likely to see a big bite taken out of my eventual return, regardless of this…
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(Bloomberg) — Spirit Airlines’ efforts to restructure its debt and avoid filing for bankruptcy have hit a snag after months of talks with bondholders failed to result in a deal, according to people with knowledge of the matter.Most Read from BloombergThe struggling air carrier is seeking new financing from its creditors, as well as an exchange that would extend its current debt, said the people, asking not to be identified because the talks are private. Terms that still need to be worked out include which assets bondholders would have a claim on and how much new financing would be provided,…
By Doyinsola Oladipo and David Shepardson (Reuters) -U.S. East Coast and Gulf Coast ports began reopening on Thursday night after dockworkers and port operators reached a wage deal to settle the industry’s biggest work stoppage in nearly half a century, but clearing the cargo backlog will take time. The strike’s end came sooner than investors had expected, taking the fizz out of shipping stocks across Asia on Friday as freight rates were no longer expected to surge. At least 54 container ships queued up outside the ports over three days as the strike prevented unloading and threatened shortages of everything…
Image source: Getty Images Investing in high-yield FTSE 100 dividend stocks can create a substantial passive income. Thankfully, years of underperformance mean that many UK blue-chip shares offer truly mighty dividend yields. Buying high-yielding shares can be risky however. A large dividend yield can be a sign of a distressed company whose share price has sunk. It may struggle to meet brokers’ payout forecasts and pay decent dividends further down the line. As a result, share pickers should concentrate on robust companies that reliably grow earnings over time. We’re talking about businesses with market-leading positions in mature markets and strong…
By Makiko Yamazaki and Tim Kelly TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba formally instructed his ministers on Friday to compile a fresh economic package to cushion the blow to households from rising living costs, as the new government makes its top priority an exit from deflation. The step comes as Ishiba, previously seen as a proponent of fiscal austerity, now stresses ahead of a general election that his focus is to get the economy to fully shake off the deflation that has weighed it down for the last three decades. “We would need to support people suffering from rising…
Getty Images; Jenny Chang-Rodriguez/BIThe two-year-old bull market in stocks could last for another year, NDR strategists said.That’s assuming three positive catalysts fall into place, they added.Median gains in the third year of a bull market are about 13%, the firm said in its analysis.The latest bull market in stocks may still have a long life ahead of it, according to Ned Davis Research.Strategists at the research firm said that the two-year-old bull run could potentially last for another 12 months. As long as three positive catalysts continue to boost the market, there’s no reason stocks can’t climb higher, NDR said…
The days of spotty — or worse, no — Wi-Fi on airplanes are numbered, said Air New Zealand CEO Greg Foran.Reliable and fast Wi-Fi will become “ubiquitous” on full-service carriers, he told “Squawk Box Asia” Friday.But not just any Wi-Fi will do. As airlines race to entice passengers with fast — and ideally free — internet in the skies, SpaceX’s Starlink services are emerging as the latest “it” product to have on board.Air New Zealand announced in December 2023 that Starlink services would be installed on two domestic aircraft in late 2024. The service, which provides high-speed internet via some 6,000…
Image source: BT Group plc Last month, BT (LSE: BT.A) shares briefly flirted with the 150p price level for the first time since May 2023. The shares have struggled to break above 150p since falling to 120p in September 2022. But before that, they spent almost an entire decade above 200p. Created on TradingView.com Can those days return? The past six months have been promising, with the shares up 37.5%. Back in May, the company claimed it had passed the “peak capex on our full fibre broadband rollout“. For the past few years, it’s been haemorrhaging money into the digital…
– MSD will supply KEYTRUDA to be evaluated in combination with ABL Bio’s ABL103 in a Phase 1b/2 clinical trial SEONGNAM, South Korea, Oct. 4, 2024 /PRNewswire/ — ABL Bio (CEO Sang Hoon Lee), a company specializing in bispecific antibodies, today announced that it has entered into a clinical trial collaboration and supply agreement with MSD (a subsidiary of Merck & Co., Inc., Rahway, NJ, USA), to evaluate ABL103 in combination with MSD’s anti-PD-1 therapy, KEYTRUDA ® (pembrolizumab) in patients with advanced or metastatic solid tumors. Under the terms of the agreement, ABL Bio will conduct a phase 1b/2 clinical…
Image source: Getty Images The number of people using an Individual Savings Account (ISA) has jumped recently. I’m not surprised. These great products allow individuals to invest in a wide range of assets while saving them a boatload of money on tax. In the 2022/23 period, there were 12.5m adult subscribers to the ISA, according to HM Revenue and Customs. This was up from 11.8m in the prior year, and was driven by a 722,000 rise in Cash ISA subscriptions as people capitalised on strong savings rates. Source: HM Revenue and Customs I own several types of ISAs to target…