Reeves looking to find £40bn in tax rises and spending cuts
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World - ABC News
Hong Kong cuts liquor tax in an effort to reignite its nightlife industry
Hong Kong’s leader has announced a cut in liquor taxes as the Asian financial hub hopes to revive its reputation as a travel destination with a vibrant nightlife and dining scene25 minutes ago - Hong Kong -
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World - Financial Times
FirstFT: Musk backs Trump election bid with $75mn donation
Also in today’s newsletter, luxury shares fall after poor LVMH results and Boeing raises new capital3 hours ago - Donald Trump -
Top stories - BBC News
Reeves eyeing £40bn in tax rises and spending cuts
Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.3 hours ago -
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World - Financial Times
Reeves’s invidious choices in the Budget
As the FT’s chancellor game shows, the new ‘golden rule’ is her binding constraint. Meeting it could bolster fiscal credibility5 hours ago -
Business - Financial Times
Hong Kong slashes tax on spirits to boost nightlife
Chinese territory’s chief executive John Lee tries to turn around economy amid fall in tourism and consumption7 hours ago - Hong Kong -
Sports - ESPN
Report: Injuries cost top clubs $800M last season
Players in Germany's Bundesliga are most likely to be injured amongst Europe's top five domestic leagues but England's Premier League bears the most injury-related costs, according to a report ...8 hours ago -
Top stories - BBC News
Russian man rescued after spending 67 days adrift
Officials say Mikhail Pichugin was found with the bodies of his brother and his 15-year-old nephew.12 hours ago - Russia -
Business - Financial Times
Wealthy non-doms lobby UK for Italian-style tax regime
Push for Budget reforms to allow foreign residents to pay tiered charges amid fears of exodus of rich14 hours ago - United Kingdom -
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Science - The New York Times
Astronomers Find Evidence of an Exomoon Spewing a Volcanic Cloud
Astronomers have yet to confirm the existence of exomoons, but a molecular signal around a far away star offers some of the best evidence yet.17 hours ago -
Business - Financial Times
Reeves aims to close £40bn funding gap as she plans tax rises in Budget
Figure is significantly more than the £22bn fiscal hole the government previously identified19 hours ago -
Sports - ABC News
The cost of rising number of injuries in European soccer nears $800 million, report finds
An annual report says the rising number of injuries to top soccer players came at a cost of nearly $800 million across Europe’s leading leagues last season19 hours ago -
Politics - The Hill
5 things to know about Harris and Trump on taxes
Tax policy is set to take center stage after the election, as major portions of the tax code are due to expire by the end of 2025. Key portions of former President Trump's Tax Cuts and Jobs Act — ...22 hours ago - Donald Trump -
Business - Financial Times
UK tax rises acceptable if part of pro-business Budget, CBI says
Rupert Soames believes companies will judge October 30 measures ‘in the round’22 hours ago - United Kingdom -
Business - Financial Times
UK must show ‘swagger’ to attract spending, investment minister says
Keir Starmer ‘supports’ rather than ‘degrades’ businesses, Poppy Gustafsson tells FTYesterday - United Kingdom -
World - Financial Times
Rachel Reeves should not appease bond market vigilantes
In preparing her inaugural Budget, she would do well to ignore advice from market sagesYesterday -
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Business - Financial Times
The Budget Game: Can you do better than Rachel Reeves?
Step into the chancellor’s shoes and devise your fiscal planYesterday -
Business - Financial Times
Flutter chief warns on US betting tax rises
FanDuel owner says punitive duties could push customers towards unlicensed operatorsYesterday -
Politics - The Hill
Cruz calls out McConnell-aligned group for not spending 'a penny' in Texas
Texas Sen. Ted Cruz (R) vented his frustration with the Senate Leadership Fund, a super PAC aligned with Senate Republican Leader Mitch McConnell (Ky.), for not spending any money in his ...Yesterday -
Business - Financial Times
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyYesterday - United Kingdom -
Top stories - BBC News
Reeves signals hike in National Insurance for firms
The chancellor was speaking at the government's International Investment Summit, where deals worth £63bn were hailed.Yesterday -
World - The Guardian
Rachel Reeves gives closing speech at UK investment summit – business live
Chancellor says £60bn of investment has been announced at summit, showing confidence in UK economy. Keir Starmer will promise to slash red tape as he hosts investment summit Who will attend ...Yesterday - United Kingdom -
World - Financial Times
Gambling stocks hit by fears of UK Budget tax grab
Ladbrokes owner Entain falls 8% while Flutter loses 6%Yesterday - United Kingdom -
Business - Financial Times
Don’t bet on a taxing outcome for UK gambling companies
Fears that money would flow from the regulated sector has long deterred action against the industryYesterday - United Kingdom -
Business - MarketWatch
How to make money on stocks that look ripe for 2024 tax-loss selling
These 20 stocks are being unfairly punished. They’ll likely bounce back in January.Yesterday -
Business - Financial Times
Reeves signals business taxes will rise in Budget
Chancellor says companies understand government must make ‘difficult decisions’ to balance booksYesterday -
Business - Financial Times
Demis Hassabis’s drug discovery start-up accelerates spending to ‘solve’ diseases
Losses widen at Isomorphic Labs, as new Nobel Prize winner pushes forward with effort to use AI in healthcare2 days ago