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Johnson proposes UK tax hike to support health and social care crisis

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UK Prime Minister Boris Johnson has unveiled plans to raise taxes to support the National Health Service

Johnson set out plans to raise taxes on workers, employers and some investors in an attempt to fix a health and social care funding crisis.

The proposal though has angered some in his governing party following the PM breaking election promises.

The UK government spend billions to fight the coronavirus pandemic – but now the Prime Minister is returning to an election pledge to address the United Kingdom’s creaking social care system – where costs are projected to double as the population ages over the next two decades.

Boris Johnson also attempted to try and tackle a backlog in Britain’s health system, which has seen millions waiting months for treatments such as operations from the state-run National Health Service.

The delays had been caused after resources were refocused to deal with COVID-19.

“It would be wrong for me to say that we can pay for this recovery without taking the difficult but responsible decisions about how we finance it,”

THE PM SAID IN PARLIAMENT

The UK’s history of health care struggles

Politicians in Britain have attempted to find a resolution to pay for social care for years, though successive Conservative and Labour prime ministers have ducked the issue because they feared it would anger voters and their own parties.

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The ongoing alcohol related research many ignore

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New research shows the impact of alcohol on our gut microbiome.

Alcohol affects gut microbes, potentially leading to gut imbalance and heightened cravings.

Research suggests moderate drinkers have healthier gut microbiomes. While red wine consumption may enhance gut diversity, similar benefits can be found in plant-based and fermented foods. Dysbiosis may worsen addiction, highlighting the need for holistic approaches to treatment.

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Will the Fed reserve’s cautious stance tame inflation or stifle growth?

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The Federal Reserve opted to keep interest rates unchanged, signalling concerns over the sluggish pace of inflation improvement.

On this episode of Hot Shots – US Fed Reserve aim for 2%, Elon Musk makes a bold Tesla choice, Amazon makes big movies thanks to AI and fast-food restaurants are facing a big issue with customer retention.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #hot shots #ticker today

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Bonza Airlines grounded in financial turbulence

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Navigating uncertainty in Australian aviation

Bonza, a fledgling budget airline, faces uncertainty as it enters voluntary administration, a common occurrence in Australian aviation.

With its sudden cessation of services and aircraft seizure, competition in an industry dominated by a duopoly is disrupted.

Despite transporting over 750,000 passengers within 15 months, regulatory delays hindered its low-cost, low-frequency flight plans until January 2023.

 

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