Revealed: billionaires are ‘ultimate beneficiaries’ linked to €3bn of EU farming subsidies

Thousands of small farms have closed according to analysis of official but opaque data from EU member states. ‘We didn’t realise how hard it is’: small farmers in Europe struggle to get by The ...

World - The Guardian - November 3

‘Welfare for the rich’: how farm subsidies wrecked Europe’s landscapes

The steep and stark environmental decline was not supposed to happen under the common agricultural policy. Revealed: the growing income gap between Europe’s biggest and smallest farms . The Rhine ...

World - The Guardian - November 2

Social Security beneficiaries to soon receive notices revealing the size of their 2025 benefit checks

A 2.5% cost-of-living adjustment, Medicare Part B premiums and tax liabilities are key changes to watch for that affect 2025 Social Security benefits.

Business - CNBC - Yesterday

Revealed: the growing income gap between Europe’s biggest and smallest farms

Big farms rake in record profits when food prices soar, while small farms struggle on razor-thin margins. ‘Welfare for the rich’: how farm subsidies wrecked Europe’s landscapes . The income gap ...

World - The Guardian - November 2

EU top diplomat nominee strongly backs Ukraine and underlines China's links to the war

The nominee for the European Union's next top diplomat says the bloc must commit to Ukraine for the long-haul even as the war's costs mount

World - ABC News - November 12

Thames Water secures £3bn loan to survive into 2025

The UK's biggest utility company agrees a lifeline to help it last until next October.

Thames Water wins bondholder approval for £3bn emergency loan

Three-quarters of top ranking lenders approve expensive plan to avert cash crunch

Business - Financial Times - November 13

The Budget: NHS, Wages and Farms

How are these areas impacted by the Budget?

Billionaires see the stakes of election

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Billionaires with business interests riding on election For billionaires who have ...

Politics - The Hill - October 31

Robinhood poised as ‘major beneficiary’ of Trump’s crypto trading changes: analyst

A boost is expected from crypto-assets listings, as one analyst flags expected changes to securities laws under a Trump administration.

Business - MarketWatch - 3 days ago

Meet the couple with 900 sheep but no farm

Sam and Samantha Edwards run a successful livestock business but do not have a farm tenancy.

British farming needs a clearer future

A furore over inheritance tax is obscuring more fundamental questions

World - Financial Times - November 5

Budget protests: the transformation of British farming

Data shows the deep structural changes to the sector since inheritance tax reforms were introduced

World - Financial Times - 2 days ago

Watch: The farming inheritance tax row explained

BBC Verify examines the different claims about how many farms will be affected by the inheritance tax changes for agricultural assets.

Chinese Car Sales Rise Sharply on Subsidies, Robust Demand

The National Day holiday in early October, combined with a rally in Chinese equity markets, may have also supported consumer sentiment.

Business - The Wall Street Journal - November 8

ACA subsidies set to expire in 2025, risking loss of health insurance

Allowing enhanced subsidies for health insurance bought through ACA marketplaces to expire would cause premiums to soar, experts warn.

Why millions of Americans could lose health insurance subsidies

Millions of Americans could lose enhanced subsidies that currently help with the cost of health insurance purchased through the Affordable Care Act's marketplaces, according to experts. CBS ...

Will Republicans continue to support subsidies for the chip industry? | PwC interview

The Chips & Science Act was a bipartisan law passed to give $52 billion to the U.S. semiconductor industry. Will Republicans stand behind it?

Tech - VentureBeat - 8 hours ago

Thames Water seeks up to £3bn in emergency loans from creditors

New debt would involve 9.75% interest charges as utility group seeks to stave off nationalisation

Business - Financial Times - October 25

HSBC chief says east-west division will not lead to ‘any split’

Georges Elhedery embarks on sweeping overhaul of lender as part of cost-cutting drive

Business - Financial Times - October 29

Biden administration awards $3bn to US ports for climate-friendly upgrades

Grants to be used to improve port infrastructure and reduce greenhouse gas emissions at 55 sites across the country. Joe Biden’s administration is awarding nearly $3bn to boost climate-friendly ...

World - The Guardian - October 29

Apple facing near-£3bn UK lawsuit over cloud storage ‘monopoly’

Which? claims firm engaged in anti-competitive practices that led to 40 million people ‘being overcharged’. Apple is facing a near-£3bn lawsuit over claims it breached competition law by ...

World - The Guardian - November 14

Thames Water’s emergency loan could cost £800mn in interest and fees

Mooted £3bn loan will hit customers and drain troubled utility’s resources, warn experts

World - Financial Times - 4 days ago

Bid to soften farm tax change rejected by Treasury

The department for rural affairs suggested exempting some older farmers from having to pay, Newsnight is told.

Outbreak of bird flu strain H5N1 on Cornish farm

A bird flu outbreak has been confirmed in a commercial poultry farm in Cornwall.

How many farms will be affected by Budget tax rises?

Estimates of the number of farms affected range from 100 to 70,000.

Trump’s plan to cut taxes on Social Security benefits may cost beneficiaries more in the long run

The president-elect’s plan may do more harm than good, experts said.

Business - MarketWatch - November 8

China loses third of its billionaires as economy falters

ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortune

World - Financial Times - October 29

FirstFT: Harris calls on America to ‘turn the page’ on Trump

Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after results

World - Financial Times - October 30

An excess of billionaires is destabilising politics – just as academics predicted

Politicians have always courted the wealthy, but Elon Musk and co represent a new kind of donor, and an unprecedented danger to democracy. The concept of “elite overproduction” was developed by ...

World - The Guardian - October 31

Billionaires have business interests hinging on election outcome

Billionaires who have funneled tens of millions of dollars into the 2024 election or who have made key decisions affecting the race have a lot riding on the outcome. Two of the biggest names to get ...

Politics - The Hill - October 31

Gautam Adani charged in US over alleged $250mn bribery scheme

Prosecutors accuse tycoon and others of lying to investors and offering millions in bribes to land lucrative contracts

World - Financial Times - 20 hours ago

US charges Indian billionaire Adani over alleged $250m bribery scheme

The Adani Group has denied the allegations of bribery and fraud, calling them "baseless".

California subsidies for manure-based biogas face rising scrutiny over pollution concerns

Tensions are rising in California's agricultural heartland over state subsidies for manure-based biogas that are meant to help reduce planet-warming emissions but that environmental groups and ...

Politics - The Hill - October 23

Cop29 live: Slashing methane emissions is ‘our emergency brake’, UN says

Cop29 presidency announces new drive to cut methane emissions from waste dumps as G20 reaffirms transition from fossil fuels. The UK government has conceded that Australia was mistakenly included ...

World - The Guardian - 2 days ago

Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All

The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.

Business - The New York Times - October 24

‘Bespoke’ private banking: the ultimate in customer service?

Ultra-wealthy clients can pay for customised care in investments, tax and family governance. But they may not get everything they need

Business - Financial Times - October 25

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