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Trump’s tax bill helps the rich, hurts the poor and adds trillions to the deficit | Katrina vanden H...
The recent legislation significantly reduces taxes for high-income individuals, increases the national debt by nearly four trillion dollars over ten years, and is criticized for di...
Read Full Article →Vodafone vows to invest more than £1bn in a year as it seals Three UK merger
The merger between Vodafone and Three UK is expected to generate significant financial impact by creating the country’s largest mobile network, supported by substantial investments...
Read Full Article →I’ve just been sent £170 fine for not paying a parking ticket … six years ago
Receiving a £170 demand for an unpaid parking penalty from six years ago carries potential financial consequences, including court fees and harm to the individual’s creditworthines...
Read Full Article →High electricity bill taxes holding us back, say industry groups
Industry representatives warn that the substantial taxes included in electricity costs are increasing financial burdens, potentially undermining economic growth and efforts toward...
Read Full Article →As interest rates fall, could Australia be facing another house price boom? | James Graham for the...
Lower interest rates implemented by the Reserve Bank may encourage increased borrowing, potentially driving higher demand and pushing property values upward in Australia’s housing...
Read Full Article →Starling pays out fivefold bonus sum despite FCA fine and Covid loan errors
Despite regulatory penalties and a decline in profits related to government loan mismanagement, the bank significantly increased employee bonuses to £24.6 million for the recent fi...
Read Full Article →Tide is turning in Europe and beyond in favour of nuclear power
Recent widespread power outages and increasing electricity demands from emerging technologies have prompted policymakers to reconsider nuclear energy investments as a potentially m...
Read Full Article →UK plans to build six weapons factories to bolster military readiness
The UK government’s £1.5 billion expenditure on new manufacturing facilities aims to enhance domestic arms production capacity and ensure a continuous supply of long-range weapons...
Read Full Article →The OpenAI empire - podcast
OpenAI’s rapid expansion transformed it into a leading industry player, generating substantial revenue and attracting significant investment while raising concerns about its operat...
Read Full Article →UK trade secretary to seek exemption from US steel and aluminium tariffs
The upcoming discussions aim to address potential cost increases for UK manufacturers and exporters by negotiating relief from heightened import duties affecting key metal industri...
Read Full Article →Starmer says Farage would spook the City and give us Truss 2 – he could be right
Reform UK's proposed fiscal policies, including cryptocurrency support and changes to taxation and regulation, have potential implications for London's financial sector and the bro...
Read Full Article →Sweet dreams: dessert parlours help to revive UK’s high streets
The growing popularity of dessert cafes and ice-cream parlours, valued at over £500 million, contributes significantly to revitalizing local economies by offering affordable dining...
Read Full Article →Hubris, crisis and scandal: how the NatWest ‘soap opera’ unfolded
The government’s involvement in stabilizing the banking group during the 2008 financial turmoil eventually led to a significant public investment, culminating in the sale of its re...
Read Full Article →Trump claimed ‘tariffs are easy’ – he’s learning the hard way that’s not the case
The unexpected legal challenges to the administration’s trade measures could significantly impact federal revenue, international commerce, and domestic employment projections, alte...
Read Full Article →Trump announces 50% steel tariffs and hails ‘blockbuster’ deal with Japan
The announcement of a significant increase in tariffs on imported steel, coupled with a major foreign investment deal, aims to strengthen domestic manufacturing and potentially imp...
Read Full Article →Why Trump does not suffer Congress when it comes to his prized tariffs
Donald Trump’s firm control over trade levies has significant economic implications, as he prioritizes maintaining import duties despite congressional input or temporary legal chal...
Read Full Article →US regulator dismisses suit against Binance in latest crypto-friendly move by Trump
The voluntary dismissal of the SEC’s enforcement action against Binance signals a regulatory shift that may influence investor confidence and affect the broader cryptocurrency mark...
Read Full Article →The Guardian view on Labour’s fiscal caution: rethink the offer. Or risk losing voters to a broken s...
Labour’s emphasis on fiscal restraint amid economic challenges may impact public support and market confidence, highlighting the risks of balancing investment priorities with addre...
Read Full Article →Government sells final shares in NatWest 17 years after £45bn bailout
The completion of the government's divestment in NatWest marks the conclusion of long-term public investment initiated during the 2008 crisis, impacting both fiscal responsibility...
Read Full Article →China has ‘totally violated’ its trade agreement with the US, says Trump
The announcement of renewed tensions between the two largest economies may disrupt global markets and complicate international trade relations, potentially affecting investment flo...
Read Full Article →Warning UK-Gulf trade deal could let in low-welfare chicken and undermine farmers
The proposed agreement with Gulf countries may significantly affect the UK’s agricultural economy by introducing poultry imports produced under lower welfare conditions than domest...
Read Full Article →Volkswagen to make ‘massive’ investment in US in bid to avoid tariffs
Volkswagen plans a substantial capital allocation in the United States to mitigate the financial impact of import duties, reflecting strategic engagement with government officials...
Read Full Article →Bank of England rate-setter plays down inflation fears; three UK gas firms fined £8m for callout fai...
The Bank of England's cautious stance on inflation supports potential interest rate reductions, while significant fines on UK gas companies highlight regulatory risks impacting bus...
Read Full Article →Inflation data shouldn’t deter us from rate cuts, says Bank policymaker
Despite recent inflation and growth figures surpassing expectations, a Bank of England policymaker suggests that temporary influences should not prevent ongoing reductions in borro...
Read Full Article →Is every memecoin just a scam? Experts on whether Andrew Tate and Trump are fleecing their followers
The rapid increase in the memecoin’s market value highlights the volatile nature of such cryptocurrencies, where only a small fraction of investors typically realize significant fi...
Read Full Article →Three gas firms fined £8m by Ofgem for being too slow to attend leaks
Ofgem imposed an £8 million penalty on three UK gas providers due to delayed responses to gas leak emergencies, highlighting possible public safety concerns and regulatory enforcem...
Read Full Article →‘The ultimate liberty’: how Nigel Farage became a cryptocurrency convert
Nigel Farage’s endorsement of cryptocurrency highlights its potential to challenge traditional financial systems amid rising inflation and growing skepticism toward conventional cu...
Read Full Article →Vet complaint process in UK often ‘stacked against pet owners’
The inadequate complaint procedures in the UK veterinary sector may discourage pet owners from seeking redress, potentially impacting consumer protection and market fairness within...
Read Full Article →Dismay as UK prepares to sign ‘values-free’ £1.6bn trade deal with Gulf states
The upcoming £1.6 billion agreement with Gulf Cooperation Council countries represents a significant expansion of the UK's international trade portfolio under Keir Starmer’s admini...
Read Full Article →US woman brings first-ever wrongful death lawsuit against big oil
This landmark legal case could influence future liability risks for energy corporations, potentially impacting their financial stability and increasing costs related to climate cha...
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