Britain's Labour Party Bets on Big Taxes, Borrowing to Boost Economy

Reeves’s £40bn tax rises will boost growth ‘sustainably’, says IMF

Rare intervention comes as Resolution Foundation says UK will remain ‘stagnation nation’ despite push to invest. ‘It has a political vision’: five viewpoints on budget Budget 2024: what it ...

World - The Guardian - October 31

The Trump economy. How big? How beautiful?

Where do Trump policies push inflation, the stock market and interest rates?

World - Financial Times - November 7

Scheme to boost French school trips to Britain ‘at risk’ under new UK entry rules

Trade body for France’s travel industry reportedly writes to UK home secretary over concerns for programme’s future. A scheme designed to boost the numbers of French children able to travel to ...

World - The Guardian - October 27

What Trump's return to the White House could mean for the economy and taxes

Voter frustration with their economic lives was central in propelling Donald Trump to a second term.

Senegal's governing party poised for parliamentary majority in boost for reform agenda

Senegal's governing party is poised to win a majority of seats in the National Assembly

World - ABC News - 3 days ago

In U.K. Budget, Labour’s First Big Political Moment Offers Risk and Reward

British Prime Minister Keir Starmer’s government has stumbled since his party won a landslide victory, but the financial plan to be announced on Wednesday offers a possible relaunch.

World - The New York Times - October 29

Rachel Reeves: The chess fanatic playing Labour's first big gambit

Profile of the UK's first female chancellor as she prepares to deliver first Labour Budget in 14 years.

Closure of UK inheritance tax ‘loophole’ to penalise estates of wealthy pensioners

Experts say big tax bills could result from Rachel Reeves’ move in the Budget

Business - Financial Times - October 30

Seven memorable moments in the life of John Prescott

Lord Prescott spent a decade as Tony Blair's deputy and was seen as a custodian of traditional Labour values.

Higher taxes will make it harder for Britain to build 'the next Nvidia,' tech execs say

Startup founders and investors slammed capital gains tax hikes in the U.K., saying it would make it harder for the country to succeed as a global tech hub.

Business - CNBC - November 1

Doubts mount over Britain’s ambitious growth plans — with warnings of further tax rises possible

Doubts are mounting over the Labour government's flagship growth and investment agenda, with one analyst warning further tax rises could be on the horizon.

Business - CNBC - 2 days ago

The NHS and education are big winners in Reeves’ spending plan

But some Whitehall departments including the Home Office face real terms cuts to their budgets

World - Financial Times - October 30

The show’s not over: 2024 sees big boost to AI investment

AI investment continues to show resiliency, driving deal volumes to 1,245 in Q3, 24, a level not seen since Q1, 22.

Tech - VentureBeat - November 1

Will a big firm managing your money boost your odds of financial success?

Bigger may not be better — or it may be just what you need — but there are other factors.

Business - MarketWatch - 5 days ago

The White House Bet Big on Intel. Will It Backfire?

A plan to revive U.S. chip manufacturing rests partly on a company that is firing workers and delaying factories, even as the government pushes for the opposite.

Business - The New York Times - October 24

Coinbase's big election bet is about to be tested

Coinbase emerged as a top corporate donor this election cycle, backing candidates the company viewed as supporting its pro-crypto agenga.

Business - CNBC - November 5

Trump Is Betting Big on Musk’s Swing-State Moonshot

The candidate is leaning on an unusual canvassing effort funded by Elon Musk. If successful, it could usher in a new era when billionaires dominate ground campaigns.

Business - The New York Times - November 6

US adds just 12,000 jobs as storms and strikes hit labour market

October figure far below average forecast of 100,000 job gains and comes just four days before US election

Business - Financial Times - November 1

Rachel Reeves ‘not satisfied’ with summer slowdown as UK slips down G7 growth leaderboard – business live

Latest UK GDP growth report shows UK grew by just 0.1% in July-September, a slowdown on the first half of the year. Bank of England governor says Brexit has undermined UK economy Luke ...

World - The Guardian - 6 days ago

Shadow chancellor warns Reeves over EU ties after Bank chief says Brexit harming economy – UK politics live

Mel Stride said there must be no suggestion of the UK going back into the EU single market or customs union. In news that will disappoint those of you who enjoy a Liberal Democrat stunt, PA has ...