Sentences with phrase «year cuts in»

In those more recent fiscal squeezes, year - to - year cuts in public spending have been notably less deep than those imposed after both world wars or the «Geddes Axe» cuts initiated by the Conservative - Liberal coalition of the early 1920s.

«Nor was there any relief for low and middle earners who, after years of falling living standards, have no spare cash to take advantage of the help for savers, and who now face year on year cuts in benefits for working families as the welfare cap bites.

Among the party's other policies: a # 50bn a year cut in spending, a 31 per cent flat rate of income tax, the abolition of national insurance, a five - year freeze on new immigrants settling in Britain, a ban on wearing the burka in public - and in some private — buildings, and boot camps for young offenders.

The Mayor's budget assumed a double - digit percentage increase in education aid even though the city received a year - to - year cut in last year's budget.

Not exact matches

Meanwhile, it was a stomach - churning roller coaster ride for stock holders who watched their investment cut in half from the start of the year to the summer, before rebounding in the fall.

Novak wouldn't rule out some easing of the production cuts this year, but said it would depend entirely on the situation in the market.

Boeing — Boeing shares may benefit after rival Airbus cut output of its A330 passenger jet and reported a drop in profits compared to a year earlier.

Pay television lost a record number of subscribers in last year's fourth quarter as more and more companies have opted to cut the cord.

The Liberals have proposed an austerity plan that would find $ 1.3 billion in spending cuts in their first two years in office.

April 30 - Strong compliance with OPEC - led production cuts, robust demand and supply disruptions in the Middle East are likely to lift oil's average price this year to above $ 67 a barrel, a Reuters poll showed on Monday.

Verizon Communications, among the biggest beneficiaries of the corporate tax cut this year, said it would double its commitment to fostering science, technology, and engineering education (STEM) in schools that lack such resources.

The CAQ has proposed cutting these tax credits in half to $ 2 billion per year, and instead coming up with «incentives» to «encourage private investment that would actually be productive for Quebec.»

Last year, Greenblatt's network was one of several major companies to officially cut ties with Trump in the wake of the offensive remarks Trump made as he first announced his candidacy, when he called Mexican immigrants «rapists.»

St. Louis - based Anheuser - Busch, the largest U.S. brewer, said earlier this month it had cut its water use by 32 per cent in the last five years by sponsoring preservation initiatives in water basins critical to its breweries, and by installing U.S. Department of Agriculture real - time weather and crop water - use data meters on suppliers» farms.

According to Congress's Joint Committee on Taxation, the Tax Cuts act, signed in December, will decrease expected revenues by a total of $ 1 trillion over the next 10 years, an average of $ 100 billion annually, even after any boost to growth and incomes from lower taxes.

If you spread the spending impact over your entire retirement, you would need to cut your spending back by about $ 520 per year in today's dollars.

Before the Trump tax cuts, these banks paid between 28 to 31 percent of their income each year in corporate taxes.

As for «peak earnings,» Michael Wilson, chief U.S. equity strategist and CIO of Morgan Stanley Wealth Management, said in a note to clients on Sunday that» [W] e think the market is digesting the fact that the tax cut last year has created a lower quality increase in US earnings growth that almost guarantees a peak rate of change by 3Q.»

Shell Oil took that approach, and according to Hugh Mitchell, their Chief Human Resources Officer, their reliance on a range of internal and external services helped cut their HR budget by 40 percent in four years.

Starting in January of last year and due to continue throughout 2018, OPEC and 10 other producers agreed to production cuts to overcome a glut and push up prices.

The Bank of Canada said nothing in public about the possible merits of deficit spending as it twice cut its benchmark interest rate last year to offset the collapse of oil prices.

Twenty years ago, Canadian goods accounted for 2 % of Asian imports, but by 2013 Canada's share had been cut in half, even with its surge in natural resources exports to Asia.

Budget cuts not possible - Buswell The state government's economic policy was in tatters last night after Treasurer Troy Buswell conceded he would not achieve the controversial 3 per cent cuts expected to pay for election promises in this year's budget.

Nestle posted a gain of $ 850 million from U.S. corporate tax cuts, and projects to save $ 300 million a year in taxes.

They were the first to see that the plunge in crude prices last year heralded serious trouble — hence the January interest - rate cut.

Royal Dutch / Shell and BP on Tuesday joined peers in reporting higher than expected earnings by making further deep cuts in spending to cope with an oil price downturn now in its third year.

In 2015, on the one - year anniversary of its report, Bragg delivered a harsh message to fans of big government: The province needs to cut its civil service, he said in a keynote address, and use the savings to dig Nova Scotia out of debIn 2015, on the one - year anniversary of its report, Bragg delivered a harsh message to fans of big government: The province needs to cut its civil service, he said in a keynote address, and use the savings to dig Nova Scotia out of debin a keynote address, and use the savings to dig Nova Scotia out of debt.

Potash Corp. of Saskatchewan (TSX: POT) cut about 18 per cent of its workforce late last year in response to the soft demand.

The company began to cut back its lavish spending on employee perks in 2016, something that was costing the company $ 25,000 per year per employee.

Oil and gas firms worldwide have cut their share in investment given the subdued market prices in the last few years.

While she did have $ 1.6 million in freshly raised equity capital, a cash - flow crisis that only a little more than a year before had forced her to cut salaries and staff was still fresh in everyone's mind.

What's more, the bank sent a fair amount of its employees packing last year, cutting 6,671 positions in 2015.

Yet nine years down the road, the Dow and S&P 500 are setting new highs partly in anticipation of tax cuts, but also thanks to developments in technology.

Earlier this year, for example, it launched a program in which more than 420 of its most active and influential community members sell products to their friends and followers; in turn, they receive a cut of the profits, as well as rewards that include sneak previews of products and trips to New York to visit Glossier and have dinner with Weiss.

Danone announced a cost - cutting plan of 1 billion euros ($ 1.1 billion) over the next three years, due to changes in Europe and a tough environment in China.

Chef's Cut grew from just $ 181,000 in revenue three years ago to more than $ 7 million last year.

Global stocks have rallied on promises of large investments in infrastructure and tax cuts in the U.S., but markets are now set for a sharp correction in the second part of this year.

In addition, countries will have to track their efforts in cutting carbon emissions and report on their progress every five yearIn addition, countries will have to track their efforts in cutting carbon emissions and report on their progress every five yearin cutting carbon emissions and report on their progress every five years.

But in recent years the «can't - miss» company has struggled with product delays; executive reshufflings; increased competition from Apple and Fitbit, costly lawsuits with its supplier, and Fitbit; and a down round that cut the company's valuation in half.

It opened full - time in December of last year — a floor - through, gut - renovated homage to millennial pink: pink - and - white packaged products arranged on pink lacquered displays, pale - pink - subway - tiled walls, staff dressed in pink mechanics» jumpsuits, fresh - cut pink and white flowers and flattering lighting.

Walmart has its work cut out for itself: the number of unique visitors to its mobile app rose 20 % year over year in October, but Amazon's rose 64 % to 49 million during that period.

The tax, announced in March 2016, has already cut sugar content in drinks by 45 million kg per year, Britain's Treasury said, as over 50 percent of manufacturers have reformulated their products to be below the levy's sugar threshold.

With the exception of the first two, his words do not appear to cut cruel; indeed, one has a sense these are well - used lines he might employ in his other career: as a successful, in - demand motivational speaker, giving at least 30 speeches every year, here in Canada and around the world.

Already this year, some local NPR affiliates went as far as to advertise the potential federal funding cuts in their annual pledge drives.

Hershey (HSY) cut its full - year revenue forecast again earlier this summer, and also announced a round of layoffs, as sales continue to shrink in the increasingly health - conscious U.S. and the company's efforts to boost sales in China have faltered amid that country's sluggish economic growth.

And that's after Goldman cut Blankfein's salary for the first time in four years.

Cut in compensation of about 10 % came in a year when the bank's profit nearly halved due to higher legal costs and a slump in bond trading.

Above all, the analysts were interested in the future of the Roll Up the Rim customer loyalty program, which cut into sales this year after odds for prize payouts were increased to 1 in 6 to celebrate the promotion's 25th anniversary.

Gravity was inundated with résumés — 4,500 in the first week alone — including one from a high - powered 52 - year - old Yahoo executive named Tammi Kroll, who was so inspired by Price that she quit her job and in September went to work for Gravity at what she insisted would be an 80 - 85 percent pay cut.

This spring, he spent two weeks running the numbers and battling insomnia before making a dramatic announcement to his 120 - member staff on April 13, inviting NBC News and The New York Times to cover it: Over the next three years, he will phase in a minimum wage of $ 70,000 at Gravity and immediately cut his own salary from $ 1.1 million to $ 70,000 to help fund it.