Latest in UK’s rising fiscal burden narrows tax gap with Europe
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UK’s rising fiscal burden narrows tax gap with Europe
Britain’s fiscal picture is closer to EU averages than it has been for decadesBusiness - Financial Times - October 30 -
Europe’s fiscal tug of war
Pressure to display fiscal discipline is no less high than pressure to spend more on security and economic innovationWorld - Financial Times - October 26 -
Europe can learn fiscal lessons from the UK on how to achieve its goals
A co-ordinated reform agenda is crucial if the EU is serious about becoming a climate leader and geopolitical playerBusiness - Financial Times - November 1 -
How will UK tax rises on private equity’s carried interest work?
Changes unveiled in Rachel Reeves’ Budget mean the performance fee will be treated as income from 2026Business - Financial Times - October 31 -
Europe’s growth prospects hit by fiscal restraint
EU governments’ belt-tightening plans come at a time when more investment is needed and growth is weakWorld - Financial Times - November 14 -
Trump’s Tax Proposals Face a Fiscal Reckoning
Advisers to President-elect Donald J. Trump and Republicans on Capitol Hill are already looking at ways to scale back some of his more expensive ideas.Business - The New York Times - November 7 -
Writing wills may help to narrow the racial wealth gap
If Black families wrote wills at the same rate as white, how much would it help?Business - MarketWatch - November 7 -
Vonovia After-Tax Loss Narrows, Confirms Guidance
The real-estate company posted a net loss of 592 million euros for the first nine months of 2024, and continues to expect its full-year result to reach the upper end of its guidance range.Business - The Wall Street Journal - November 6 -
The UK gets it wrong again on fiscal rules
You’re a little much for me, public sector net financial liabilitiesWorld - Financial Times - November 5 -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
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 -
UK Treasury chief admits business tax rise could lead to lower than anticipated wages
U.K. Treasury chief Rachel Reeves has conceded that wages may rise by less than previously thought as a direct result of her budget decision to increase a tax that businesses pay for their employeesWorld - ABC News - October 31 -
Ryanair warns air travel tax rises mean 10% of its UK flights could be cut
CEO Michael O’Leary says decision to raise passenger duty ‘will deliver cuts, not growth’Business - Financial Times - November 1 -
Shares in UK retailers fall as sector counts cost of NICs tax rise – business live
Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...World - The Guardian - November 8 -
Small UK pub owners look overseas after Budget tax rises sap profits
Cluster of hospitality operators cancel British investments and divert spending to continental Europe insteadWorld - Financial Times - November 14 -
Pandora Narrows Sales View as Revenue Rises
The Danish jeweler now sees 2024 sales coming in toward the high end of its previous forecast despite a sluggish environment for luxury goods.Business - The Wall Street Journal - November 6 -
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 -
Norris wins São Paulo GP sprint to narrow gap as Verstappen hit with penalty
Verstappen drops to fourth with five-second penalty Qualifying postponed due to torrential rain After what was an already tense weekend in the world championship battle, the pressure on the ...World - The Guardian - November 2 -
Netflix Europe offices raided in tax fraud probe
The raid is part of an investigation in France and the Netherlands that began in November 2022.Top stories - BBC News - November 5 -
Business and wealthy bear brunt of £40bn tax increases in UK Budget
Markets unsettled by extent of government borrowing as Rachel Reeves boosts spendingBusiness - Financial Times - October 30 -
Hat-trick hero Gyokeres' rise from Brighton reject to Sporting star
Viktor Gyokeres' hat-trick against Manchester City took him to 66 goals in 67 games for Sporting, but will he follow Ruben Amorim out of Lisbon?Top stories - BBC News - November 5 -
The yawning investability gap between US banks and UK peers
British lenders face a competitive threat from Trump’s plans for regulatory bonfiresBusiness - Financial Times - 6 days ago -
Top UK government lawyer pushes ‘revolving door’ as pay gap widens
The Government Legal Department is losing staff as big US law firms spur salary increases in the private sectorWorld - Financial Times - 6 days ago -
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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 -
The UK’s high-wire act between the US and Europe
Post-Brexit Britain faces stark strategic choices with Trump taking office. Walking a line between both powers will be trickyBusiness - Financial Times - 2 days ago -
How quickly are prices rising in the UK?
The rate at which prices are rising has dropped below the Bank of England's target of 2%.Top stories - BBC News - November 7 -
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.Top stories - BBC News - October 27 -
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.Top stories - BBC News - October 28 -
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.Top stories - BBC News - October 31 -
How many farms will be affected by Budget tax rises?
Estimates of the number of farms affected range from 100 to 70,000.Top stories - BBC News - 4 days ago -
Apple’s Quarterly Profit Down Because of Tax Payment in Europe
Sales for the iPhone maker were up 6 percent to to $94.93 billion. But a $14.4 billion tax bill cut profits that would have topped expectations.Tech - The New York Times - October 31 -
Tax blow for 1mn UK top earners by 2027
Fiscal drag will pull thousands more into a 60 per cent marginal rateWorld - Financial Times - October 26
