Reeves to lay out ‘tax road map’ for business in UK Budget

Tax Deadline for 2024 Disaster-Hit Small Businesses Nears

The IRS cautions many small businesses that the filing extension periods given after natural disasters last year will end in early February, though other will have until May.

Inc. - 4h

Mapping Elon Musk’s Global Empire

From tunnels to Tesla factories to SpaceX launch facilities, there’s barely a place on Earth that doesn’t feel the gravitational pull of humanity’s wealthiest reply guy.

Wired - 2d

Gilt investors warn Reeves she may need to raise taxes

Chancellor seeks to reassure bond market after UK borrowing costs rose to highest level since financial crisis

Financial Times - 9h

Reeves shrugs off calls for resignation as she promises UK growth plan

Chancellor has faced increasing criticism over her handling of the economy

Financial Times - 1d

Starmer has ‘full confidence’ in Reeves despite pressure on UK chancellor

Prime minister says she is doing a ‘fantastic job’ but declines to promise she will be in post at the next election

Financial Times - 2d

Reeves defends China visit and hails £600m boost to UK

The chancellor has been criticised for making the trip while the government is under pressure from rising borrowing costs.

BBC News - 4d

Reeves seeks to revive City of London links with China

Chancellor to promote closer ties between London and Shanghai stock exchanges while on Beijing trip

Financial Times - 4d

Mortgage rates are not rising yet but Reeves has to act

Why Rachel Reeves needs a more detailed growth strategy - and soon.

BBC News - 5d

Reeves faces 'difficult decisions' on tax and spending

The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.

BBC News - 5d

California Wildfires Lay Bare an Insurance Crisis

Even before the latest blazes, California officials warned that an emergency state insurance fund was in trouble, while private insurers dropped coverage.

The New York Times - 5d

UK businesses back scheme to prevent repeat offending

Prisons minister James Timpson’s initiative will see people on probation and serving sentences outside jail helped into work

Financial Times - 5d

The Papers: 'Apocalypse' LA and 'Reeves faces extra tax rises'

Wednesday's headlines include wildfires in LA and economists warning of rising government borrowing costs.

BBC News - 6d

UK recruiters report fresh slowdown in hiring as planned tax rises bite

Survey results will heighten investor concerns over stagflation threat in economy

Financial Times - 6d

Has the bond market turned against Rachel Reeves?

Rising UK borrowing costs raise risk that chancellor will have to impose tighter fiscal policy as soon as March

Financial Times - Jan. 8

Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live

Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...

The Guardian - Jan. 8

Trump’s push for SALT tax reform threatened by hardline GOP budget hawks

The path of least resistance could be $5 trillion in new government debt.

MarketWatch - Jan. 8

UK special forces had ‘golden pass’ to carry out killings in Afghanistan, inquiry hears

Military operated under ‘code of silence’, according to testimonies from probe into suspected war crimes

Financial Times - Jan. 8

UK school budgets eroded by spiralling special needs costs, report shows

SEN spending and higher wages leave headteachers facing ‘very tight’ accounts in 2025, says IFS

Financial Times - Jan. 8

Fujitsu’s UK goodwill wiped out in wake of Post Office scandal

Japanese technology group decided to restrict bidding for government contracts

Financial Times - Jan. 7

Faisal Islam: Soaring UK borrowing costs are a problem for Rachel Reeves

The Chancellor may face the prospect of breaking her own Budget rules

BBC News - Jan. 7

Next blames clothes price rises on wage increases set out in Budget

The retailer expects employee costs to increase by £73m due in part to rising National Insurance

BBC News - Jan. 7

How soon can you file your 2024 income-tax return? Here’s your 2025 tax-season road map.

Tax season is just around the corner and it’s never too early to get started

MarketWatch - Jan. 7

Next warns of ‘anaemic’ growth after UK Budget tax increases

Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economy

Financial Times - Jan. 7

The man making a business out of China’s burnout generation

Li Jianxiong was a highflying marketing executive in Beijing until a breakdown sent him to the west on a wellness voyage of discovery – just as his peers were losing faith in the Chinese Dream. Li ...

The Guardian - Jan. 7

Mike Johnson lays out ambitious strategy to pass Trump's agenda in 'one big, beautiful bill'

Speaker Mike Johnson's plan to pass most of Donald Trump's agenda in one, big reconciliation bill faces major hurdles.

NBC News - Jan. 6

Newsom proposes 'balanced' budget with no deficits

California Gov. Gavin Newsom (D) on Monday proposed a $322 billion budget that he said would be "balanced" and without deficits — marking a significant turnaround after two years of shortfalls. ...

The Hill - Jan. 6

Google maps the future of AI agents: Five lessons for businesses

Google's groundbreaking white paper reveals how AI agents leverage advanced reasoning, real-time data access and autonomous decision-making.

VentureBeat - Jan. 6

Texas warning of "maneater" screwworms that lay eggs in flesh

Just one fly can lay up to 300 eggs at a time and is drawn "to the odor of a wound or natural opening on a live, warm-blooded animal."

CBS News - Jan. 6

France signals fewer spending cuts and tax rises ahead of budget talks

Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025

Financial Times - Jan. 6

UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget', survey finds

Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.

CNBC - Jan. 6

New Minecraft Lego Sets - Check Out All Five Budget-Friendly Playsets

New Lego Sets Over 100 new Lego sets released on January ...

GameSpot - Jan. 5

UK businesses plan price increases as Budget drives up costs

Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of Commerce

Financial Times - Jan. 5

Videos show icy road conditions causing vehicle spin-outs

Videos from around Kansas City, Mo., captured multiple cars and semi-trucks struggling to maintain control on icy roads.

NBC News - Jan. 5

UK braces for heavy snow as travellers warned of road and rail disruption

Bitterly cold conditions fuelled by an Arctic blast are sweeping the UK and could result in disruption.

BBC News - Jan. 4

Johnson lays out key commitments amid Speakership battle

Speaker Mike Johnson (R-La.) on Friday vowed to “reduce the size and scope of the federal government” among several other commitments as he fights to keep his gavel this week. “If we don’t follow ...

The Hill - Jan. 3

Trump blasts UK energy policy and ‘windmills’ after company blames windfall tax for less drilling

President-elect Trump is criticizing the United Kingdom’s energy policy and saying it should get rid of windmills after a company blamed the country’s windfall tax for its early exit from drilling ...

The Hill - Jan. 3