For years, companies relied on supplier audits to spot forced labour risks. Inspectors visited factories, checked records, interviewed workers, and produced reports. Companies could then point to those reports as proof that they had checked their supply chains. The European Union is preparing a much tougher test. Under the EU Forced Labour Regulation, a clean audit report may no longer provide enough comfort. Companies...
Category : World News
Golden Years
Retirement can create an unusual tax opportunity that does not last forever. For many people, it arrives after the final paycheck stops but before required withdrawals from retirement accounts begin. Financial planners call these years the "golden tax planning window." Taxable income may temporarily fall, giving retirees more control over when they recognize income and how much tax they pay on retirement savings. The...
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World News
Britons are being urged to keep extra food and basic supplies at home as an unusually powerful El Niño builds across the Pacific. Environment Secretary Dame Angela Eagle says households need to become more prepared for extreme weather and other emergencies that could disrupt normal life for several days. The warning does not mean people should rush to supermarkets and clear the shelves. The...