Tax rises drive surge in venture capital trust investment

Savers have put £250mn in VCTs since April, up 27% in a year

World - Financial Times - 21 hours ago

Giannis Antetokounmpo launches venture capital fund for investments in sports and entertainment

Giannis Antetokounmpo is looking for some assists off the court, aiding with investments in early stage startup companies

Sports - ABC News - Yesterday

Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%

Amazon CEO Andy Jassy reassured shareholders that the company expects to make money on its generative AI investments.

Business - CNBC - November 1

Capital investment is meh

And the Mag 7’s tricky balance

World - Financial Times - November 5

Starmer insists pro-growth policies on way after OBR’s budget warnings – UK politics live

PM says budget just ‘first step’ after watchdog said measures would make no difference to growth over five years. Rachel Reeves is now being interview on ITV’s Good Morning Britain.. She is being ...

World - The Guardian - October 31

How Venture Capital Helped This Founder Secure a ‘Life-Changing Exit’

Moonshots Capital portfolio company eTailPet scaled up and attracted a buyer in just three years.

Business - Inc. - October 28

Thrive Capital: the venture firm staking billions on a few big bets

The ‘all in or all out’ approach of Josh Kushner’s VC business inverts the traditional venture model. Will it pay off?

Business - Financial Times - 2 days ago

AI Investments Are Booming, but Venture-Firm Profits Are at a Historic Low

Investors hope the Trump administration will make tech acquisition deals easier.

Tech - The Wall Street Journal - 5 days ago

Play Ventures raises $140M second fund to invest in games and consumer startups

Play Ventures, a global venture capital firm specializing in early-stage gaming, has raised $140 million for its third gaming fund.

Tech - VentureBeat - 5 days ago

Auto-enrolment drives surge in ‘lost’ UK pensions

£31bn sitting in unclaimed, inactive or lost savings pots

Business - Financial Times - October 24

London drives surge in UK rental costs

Rents soar in October on back of high demand and pre-Budget landlord sales

World - Financial Times - 3 days ago

Capital gains tax calculator: how are you affected?

UK chancellor Rachel Reeves has announced an immediate increase in her first Budget

Business - Financial Times - October 30

Donald Trump Jr to join venture capital firm rather than father’s administration

President-elect’s eldest son says he will join ‘anti-ESG’ firm 1789 Capital, which focuses on conservative investments. US politics – live updates Donald Trump Jr, the eldest son of ...

World - The Guardian - November 12

Scott Trust to examine investment to secure Observer deal with Tortoise

Owner of Sunday title as well as Guardian will discuss providing funding after staff mount opposition

Business - Financial Times - 8 hours ago

Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures

Enterprise spending on generative AI surged 500% this year, hitting $13.8 billion — up from just $2.3 billion in 2023, according to a new Menlo Ventures report.

Business - CNBC - 2 days ago

StanChart to double investment in wealth management as profits rise

Wealth business had record quarter as revenues rose 32%

Business - Financial Times - October 30

McMichael, Ovechkin power surging Capitals past Blue Jackets 7-2

Connor McMichael struck twice, Alex Ovechkin scored his 859th career goal and the Washington Capitals defeated the Columbus Blue Jackets 7-2 on Saturday night

Sports - ABC News - November 2

Here's how to leverage the 0% capital gains bracket as the price of bitcoin surges

The price of bitcoin is surging. Here's how to leverage the 0% capital gains bracket to save on future taxes.

Business - CNBC - 4 days ago

SoFi’s stock set to extend surge — and this is what’s driving recent optimism

LendingClub’s improving delinquency trends suggest SoFi could see similar dynamics, an analyst says.

Business - MarketWatch - October 25

Palantir’s stock surges as AI drives a further acceleration in growth

Palantir’s CEO says the latest earnings are ”a slap in the face of people who continue to believe that the value of AI is solely in building AI large language models.”

Business - MarketWatch - November 5

Trump’s victory drives surge in US students seeking courses abroad

Election spurs research for colleges from the UK to Canada

Business - Financial Times - November 10

A Surge of New Restaurants Drives New York City’s Storefront Revival

Store vacancy rates are still above prepandemic levels, but new food and drink businesses, led by Mexican, Japanese and Caribbean kitchens, have helped fill the void.

Top stories - The New York Times - November 15

Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW cars expected as early as 2027

The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical architecture arriving as early as 2027.

Business - CNBC - November 12

These two ‘low tax’ states are getting socked with fast-rising property taxes

Nationally, property taxes in major cities have gone up 30% since 2019, according to a new Redfin analysis.

Business - MarketWatch - October 29

UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds

Rachel Reeves, the finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.

Business - The New York Times - October 30

EU Commission takes Germany to court over capital gains tax deferral

World - Yahoo News - November 14

No tax rises in payslips for 'working people', vows minister

Bridget Phillipson refused to say if a small business owner was a "working person" in an interview with the BBC, ahead of Wednesday's Budget.

Tax rises needed to avert austerity, Starmer says

The prime minister gives a gloomy economic picture as he set out his justifications for "tough decisions" in the Budget.

Workers warned Budget tax rises will hit their wages

Economists say tax rises in the Budget will mean employers have less to give as pay rises.

How many farms will be affected by Budget tax rises?

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

Autumn budget live: Rachel Reeves raises taxes by £40bn and increases spending on NHS and schools

Chancellor announces changes to employers’ national insurance contributions, inheritance tax, capital gains tax and other duties. Budget 2024: key points at a glance Full report: Reeves raises ...

World - The Guardian - October 30

Public sector pay deals help drive up UK borrowing

Borrowing was £17.4bn last month, the second highest October figure since monthly records began in 1993.

UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”

World - ABC News - October 30

Latest in Tax rises drive surge in venture capital trust investment