UK Treasury chief unveils budget with $50 billion in tax hikes, promising greater investment

UK competition regulator to probe investment barriers

CMA also warns that price ‘mark-ups’ have risen over past 25 years

Business - Financial Times - 6 days ago

IRS unveils 2025 income tax brackets: Where do you fall?

Among the changes announced Tuesday are adjustments to standard deductions and marginal tax brackets.

Politics - The Hill - October 22

The IRS unveils higher capital gains tax brackets for 2025

The IRS has unveiled higher long-term capital gains brackets for 2025. Here's what investors need to know.

Business - CNBC - October 22

Hurricane Milton’s insured losses could reach $50 billion, says Verisk

Data and technology company Verisk Analytics Inc. VRSK said Wednesday it estimates the insured losses to onshore property from Hurricane Milton could range from $30 billion to $50 billion.

Business - MarketWatch - October 16

Helene, Milton losses expected to surpass "truly historic" $50 billion each

Hurricanes Helene and Milton caused so much complex havoc that damages totals are likely join the infamous ranks of Katrina, Sandy and Harvey as super costly $50-billion-plus killers, experts say.

G7 Finalizes $50 Billion Ukraine Loan Backed by Russian Assets

The economic lifeline is expected to be disbursed by the end of the year.

Business - The New York Times - 6 days ago

Wall Street Giants to Make $50 Billion Bet on AI and Power Projects

KKR and Energy Capital Partners plan to invest in development of data centers and the power infrastructure to support them.

Tech - The Wall Street Journal - 8 hours ago

Sheinbaum Unveils $20 Billion in Mexico Projects Led by Amazon, Woodside

World - Yahoo News - October 15

Don’t bet on a taxing outcome for UK gambling companies

Fears that money would flow from the regulated sector has long deterred action against the industry

Business - Financial Times - October 14

Tax blow for 1mn UK top earners by 2027

Fiscal drag will pull thousands more into a 60 per cent marginal rate

World - Financial Times - 4 days ago

The Budget Game: Can you do better than Rachel Reeves?

Step into the chancellor’s shoes and devise your fiscal plan

Business - Financial Times - October 15

Companies curb UK advertising spending ahead of the Budget

Marketing budgets fail to grow for the first time in 14 quarters, trade body finds

Business - Financial Times - October 16

The unexamined big question around the UK Budget

Ignore the details of how Labour will raise taxes, spending and borrowing, and ask instead how much

World - Financial Times - 6 days ago

UK consumer and business confidence weaken ahead of Budget

Indices hit lowest levels this year as Britons ‘hold their breath’ for tax rises on October 30

Business - Financial Times - 5 days ago

The unfair hole in next week’s UK Budget

Why will council tax remain decades out of date?

Business - Financial Times - 5 days ago

Cash Isas popularity surges ahead of UK Budget

Investors shift into tax-sheltered accounts given uncertainty of Labour proposals

World - Financial Times - 5 days ago

Chancellor to announce five new UK freeports in the Budget

Labour to expand tax-free import scheme in a bid to boost economic growth across the country

Business - Financial Times - 5 days ago

UK’s long-awaited Budget Day arrives

Plus, tech, pharma and oil lead the earnings run, Bank of Japan makes a rate call and Britain’s opposition party picks a new leader

World - Financial Times - 3 days ago

UK Budget: What to Know Before Labour’s Announcement

The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.

Top stories - The New York Times - 2 days ago