Latest in UK to soften tax rules for wealthy foreigners after millionaire exodus, Rachel Reeves says
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UK to soften tax rules for wealthy foreigners after millionaire exodus, Rachel Reeves says
The U.K. is to soften some planned changes to its controversial non-dom tax rule following concerns of a millionaire exodus, the Treasury has confirmed.CNBC - 7h -
Chancellor Rachel Reeves to soften non-dom tax changes
It comes after critics warned the plans could prompt wealthy people to leave the UK.BBC News - 1d -
Reeves to soften UK non-dom tax reforms
Chancellor tells Davos crowd that government had been ‘listening to concerns’Financial Times - 1d -
Reeves says growth ‘trumps’ net zero as Heathrow runway decision looms
Chancellor will indicate backing for west London airport expansion next weekFinancial Times - 2d -
Reeves optimistic despite surprise rise in UK borrowing
Borrowing - the difference between spending and tax revenue - hit its highest December level for four years.BBC News - 2d -
Reeves gives UK car lenders an unexpected jump-start
The fact that the Treasury has even tried to intervene could be seen as a positive for industry more broadlyFinancial Times - 2d -
On fiscal policy Rachel Reeves must show, not tell
The chancellor needs to act upon her tough rhetoric if she is to assuage bond marketsFinancial Times - 2d -
Davos day two: Rachel Reeves says she’s ‘absolutely’ relaxed about wealth creation; Clegg defends Meta moderation changes – live updates
Rolling coverage of the second day of the World Economic Forum in Davos . Rachel Reeves has also revealed ministers want to increase higher skilled migration by creating with more visas for people ...The Guardian - 2d -
UK borrowing jumps unexpectedly, adding to pressure on Rachel Reeves
Increase to £17.8bn is well above City forecasts and is highest December figure for four years. Business live – latest updates UK government borrowing jumped unexpectedly to £17.8bn last ...The Guardian - 2d -
Applying UK inheritance tax to pensions ‘risks delays and higher costs’
Advisers call for rethink of how Treasury imposes planned extension of IHT to retirement fundsFinancial Times - 2d -
Trump threatens to double tax rates for foreign nationals and companies
President orders officials to draw up retaliatory measures against ‘extraterritorial’ taxesFinancial Times - 3d -
Reeves intervenes in UK car finance mis-selling case to protect lenders
Treasury approach to Supreme Court is blow to consumer groups but chancellor fears damage to sectorFinancial Times - 3d -
L.A. landlords accused of price gouging say they’re responding to unprecedented demand from wealthy wildfire victims
Some landlords lowered rents after MarketWatch asked about increases that appeared to violate laws against price gouging.MarketWatch - 6d -
UK considers higher cap on foreign state ownership of British media
Labour may allow stakes of up to 10% to encourage passive investment from sovereign wealth and pension fundsFinancial Times - 6d -
Culture secretary rules out funding BBC from taxes
The culture secretary calls the TV licence "regressive" and is thinking "radically" about alternatives.BBC News - Jan. 17 -
Reeves says she won't let critics get her down after UK borrowing costs rise
The chancellor tells the BBC she has got "what it takes" following a bumpy week for the UK economy.BBC News - Jan. 17 -
I won’t let critics get to me, says Reeves after speculation about her future
Chancellor says she has the ideas needed to turn things around after week of speculation about whether she can remain in post. Rachel Reeves has said she is not going to let her critics get her ...The Guardian - Jan. 17 -
Going for growth: Rachel Reeves v the markets
What could the chancellor do to grow the economy?BBC News - Jan. 16 -
Gilt investors warn Reeves she may need to raise taxes
Chancellor seeks to reassure bond market after UK borrowing costs rose to highest level since financial crisisFinancial Times - Jan. 15 -
Reeves defends herself after market turbulence
The chancellor says it is "not reasonable to suggest" she was at fault for the recent market nervousness.BBC News - Jan. 14 -
Reeves shrugs off calls for resignation as she promises UK growth plan
Chancellor has faced increasing criticism over her handling of the economyFinancial Times - Jan. 14 -
Starmer has ‘full confidence’ in Reeves despite pressure on UK chancellor
Prime minister says she is doing a ‘fantastic job’ but declines to promise she will be in post at the next electionFinancial Times - Jan. 13 -
Reeves defends China visit and hails £600m boost to UK
The chancellor has been criticised for making the trip while the government is under pressure from rising borrowing costs.BBC News - Jan. 11 -
Reeves insists she will act to meet ‘non-negotiable’ fiscal rules
UK chancellor’s trip improve ties with China has been overshadowed by sell-off in bond marketsFinancial Times - Jan. 11 -
UK has enough gas, says network after storage warning
Experts say the UK has enough gas after Centrica said storage levels were "concerningly low".BBC News - Jan. 10 -
Reeves faces 'difficult decisions' on tax and spending
The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.BBC News - Jan. 10 -
Liberal Americans consider moving to UK after Trump win, lawyers say
Advisers cite rise in US citizens weighing up emigration amid fears over introduction of socially conservative policiesFinancial Times - Jan. 10 -
UK foreign policy chief says Trump is right to urge higher military spending from NATO
Britain's top diplomat says Europe’s security “is on a knife-edge” and President-elect Donald Trump is right to say NATO member nations must increase military spendingABC News - Jan. 9 -
Pound falls to 14-month low as bond sell-off piles pressure on Rachel Reeves
UK borrowing costs rise again, with analyst warning ‘things are also getting rather ugly’. Business live – latest updates The pound has fallen to a 14-month low against the US dollar as the ...The Guardian - Jan. 9 -
Rachel Reeves heads to China to build bridges, but a new golden era of relations is impossible
Seeking business partners post-Brexit is sound policy, but even in these darker geopolitical times the UK will ultimately side with the US. Rachel Reeves will fly with a delegation of City grandees ...The Guardian - Jan. 9 -
The Papers: 'Apocalypse' LA and 'Reeves faces extra tax rises'
Wednesday's headlines include wildfires in LA and economists warning of rising government borrowing costs.BBC News - Jan. 9 -
UK recruiters report fresh slowdown in hiring as planned tax rises bite
Survey results will heighten investor concerns over stagflation threat in economyFinancial Times - Jan. 9 -
Self-made millionaire's advice to couple expecting to earn 4x more in the next 2 years after struggling with salary gap
Self-made millionaire Ramit Sethi followed up with one of the first couples he interviewed on his podcast two years ago to see how they're doing.CNBC - Jan. 8 -
Has the bond market turned against Rachel Reeves?
Rising UK borrowing costs raise risk that chancellor will have to impose tighter fiscal policy as soon as MarchFinancial Times - Jan. 8 -
Faisal Islam: Soaring UK borrowing costs are a problem for Rachel Reeves
The Chancellor may face the prospect of breaking her own Budget rulesBBC News - Jan. 7 -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - Jan. 7 -
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.The Wall Street Journal - Jan. 3 -
Trump blasts UK energy policy and ‘windmills’ after company blames windfall tax for less drilling
President-elect Trump is criticizing the United Kingdom’s energy policy and saying it should get rid of windmills after a company blamed the country’s windfall tax for its early exit from drilling ...The Hill - Jan. 3 -
UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - Jan. 3 -
Secrets of an airline points millionaire
How far will you travel to collect Avios and EuroBonus points in 2025?Financial Times - Jan. 1