Latest in UK’s rising fiscal burden narrows tax gap with Europe
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The difference between Harris and Starmer
A cautious politician is easier to elect than an ambiguous oneBusiness - Financial Times - October 16 -
UK fuel duty rise would rekindle inflation, warn motoring groups
Rachel Reeves expected to axe 5p discount and weighs reinstating inflation-linked rises in BudgetWorld - Financial Times - October 18 -
UK to slash overseas aid in Budget as asylum seeker costs rise
International development organisations warn country’s contribution could slump to its lowest level in 17 yearsBusiness - Financial Times - October 22 -
The UK and Germany Agree on New Defense Pact as Russia Threat Rises
The two governments said they will coordinate more on defense, with British and German troops conducting joint military exercises on NATO’s eastern border.World - The New York Times - October 22 -
Treasury confirms plans for inflation-busting rise in UK social housing rents
Rachel Reeves also announces £500mn cash boost to promote building of affordable homesBusiness - Financial Times - 4 days ago -
Bond market braced for rise in UK debt issuance to £300bn this year
Investment banks pencil in second-biggest annual gilt sales figure on record ahead of Labour’s first BudgetBusiness - Financial Times - 2 days ago -
Growing cost of elder care an increasing burden for families
The growing cost of elder care is putting an increasing burden on American families. NBC News' Christine Romans profiles one American family dealing with the financial and emotional burdens of ...Top stories - NBC News - October 15 -
Autumn budget live: Rachel Reeves says taxes will rise by £40bn as she delivers budget
The chancellor is setting out the government’s tax and spending plans. Budget 2024: key points at a glance George Osborne is credited with popularising the baseline theory of economic policy, ...World - The Guardian - 17 minutes ago -
FirstFT: Partner pay at US law firms hits record levels
Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programmeWorld - Financial Times - 5 days ago -
Why Georgia’s EU future is on the ballot in historic parliament vote
Also in this newsletter: Russian migrant-smuggling ring bustedWorld - Financial Times - 5 days ago -
UK inheritance tax raid would be ‘painful’ but not fatal for Aim, says LSE executive
Investors are nervous about potential abolition of business relief in this month’s BudgetWorld - Financial Times - October 18 -
Wise's billionaire CEO fined £350,000 by UK regulators over failure to report tax issue
Kristo Käärmann, CEO and co-founder of Wise, was ordered by regulators to pay a £350,000 fine due to a breach of senior manager conduct rules.Business - CNBC - Yesterday -
UK Treasury chief unveils budget with $50 billion in tax hikes, promising greater investment
British Treasury chief Rachel Reeves is announcing $50 billion in tax hikes in her first budget, saying she will use the money to “invest, invest, invest” and get the economy growingWorld - ABC News - 9 minutes ago -
The Musk-led group driving millions to Trump’s White House bid
Also in today’s newsletter, shamelessness in American politics and Kamala Harris’s appearance on Fox NewsWorld - Financial Times - October 17 -
How the UK can improve its ‘offer’ to the world
Eli Lilly’s chief says the country must do more to attract business, yet budgets are tightWorld - Financial Times - October 17 -
Gold: ‘the ultimate perceived safe haven asset’?
BofA gets the goldbugWorld - Financial Times - October 17 -
Cheaper alternative to northern leg of HS2 under consideration
Feasibility study to be launched for a Birmingham to Manchester rail route that could be part-funded by private financeWorld - Financial Times - October 17 -
Labour’s unambitious reset with the EU
The UK government has constrained itself too much within its red linesWorld - Financial Times - October 17 -
Liz Kendall expected to retain £1.3bn cut to UK sickness benefits in Budget
Move by work and pensions secretary likely to cause concern among disability rights activistsWorld - Financial Times - October 17 -
Woodside Narrows Oil, Gas Output Guidance
Woodside said its sales revenue totaled $3.68 billion in the third quarter, up 21% on the previous three months and driven partly by higher average LNG prices.Business - The Wall Street Journal - October 15 -
UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”
UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”World - ABC News - 10 minutes ago -
China’s investors are counting on fiscal stimulus
Recent market rally will peter out without decisive policy action to boost the economyWorld - Financial Times - October 16 -
Why chancellors need fiscal rules
Rachel Reeves’s new set-up frees up capital spending but her ability to reap benefits depends on many other thingsBusiness - Financial Times - 5 days ago -
How to Close the Gender Health Gap
Sexism within health systems means that women get worse and delayed treatment. The UK has proposed a plan that could solve this issue—experts weigh in on how to do it best.Tech - Wired - October 22 -
Starmer to pledge to ‘embrace fiscal reality’ in the Budget
UK prime minister is facing growing criticism that planned tax rises will hit ‘working people’Business - Financial Times - 2 days ago