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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 - 2 hours ago -
Reeves eyeing £40bn in tax rises and spending cuts
Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.Top stories - BBC News - October 16 -
Reeves aims to close £40bn funding gap as she plans tax rises in Budget
Figure is significantly more than the £22bn fiscal hole the government previously identifiedBusiness - Financial Times - October 15 -
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 - 3 hours ago -
Budget 2024: Reeves reveals £40bn in tax rises as she promises to rebuild public services
Chancellor announces increases in taxation for businesses and the wealthy, and more money for the NHS and schools. Autumn budget live: latest news updates Budget 2024: key points at a ...World - The Guardian - 6 hours ago -
IRS announces new federal income tax brackets for 2025
The IRS has announced higher federal income tax brackets and standard deductions for 2025. Here's what taxpayers need to know.Business - CNBC - October 22 -
IRS announces new federal income tax brackets for 2025
The IRS has announced new federal income tax brackets and standard deductions for 2025.Top stories - NBC News - October 22 -
IRS announces bigger estate and gift tax exemption for 2025
The IRS has announced a higher estate and gift tax exemption for 2025. Here's what wealthy families need to know.Business - CNBC - October 22 -
The IRS has announced its new 2025 tax brackets. Here's what to know.
The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.Top stories - CBS News - October 22 -
FirstFT: Musk backs Trump election bid with $75mn donation
Also in today’s newsletter, luxury shares fall after poor LVMH results and Boeing raises new capitalWorld - Financial Times - October 16 -
The Papers: 'Bogus £40bn black hole' and 'Tuchel takes hotseat'
Many newspapers lead on the Budget and report that Chancellor Rachel Reeves faces a "backlash".Top stories - BBC News - October 17 -
How can Rachel Reeves fill the UK’s £40bn Budget gap?
Chancellor’s options hemmed in by Labour election promises and NHS spendingBusiness - Financial Times - October 18 -
Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All
The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.Business - The New York Times - 6 days ago -
Goodbye to low-tax Britain
One does not need to subscribe to hyperbolic Tory rhetoric to recognise that this Budget heralded a major shiftBusiness - Financial Times - 3 hours ago -
Conor McGregor's many retirement announcements
As he talks once more about not fighting again, fans have become accustomed to McGregor saying farewell.Sports - ESPN - Yesterday -
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 - Yesterday -
Inheritance tax increases expected in Budget
It is not known how many people are likely to end up paying more under the government's plan.Top stories - BBC News - October 17 -
Who has to pay inheritance tax?
Inheritance tax is again creating political debate so how does it work and who pays?Top stories - BBC News - October 18 -
Capital gains tax: a short history
Since its beginnings in 1965, many UK chancellors have sought to reform the levy as a means of spurring economic growthWorld - Financial Times - October 19 -
Why it’s hard to box in the wealthy on tax
Budget measures and missed opportunities show difficulty of raising large sums from highly mobile executivesWorld - Financial Times - 3 hours ago -
Biden announces $600 million for Florida hurricane relief
President Biden traveled to Florida on Sunday, where he announced more than $600 million in aid to help recovery efforts from hurricanes Helene and Milton. Mr. Biden has asked Congress to return ...Top stories - CBS News - October 13 -
Nobel economics prize is awarded for research into why countries succeed or fail
The Nobel memorial prize in economics has been awarded to three U.S.-based academics for research into why societies with poor rule of law and exploitative institutions do not generate sustainable ...World - ABC News - October 14 -
Inquiry announced after carers forced to repay benefits
Some carers had to pay back thousands of pounds to the government, pushing them into financial distress.Top stories - BBC News - October 16 -
FTC announces rule to make it easier to cancel subscriptions
The Federal Trade Commission is taking steps to make it easier for consumers to cancel digital subscriptions. The department will soon implement a "final click to cancel rule," it announced ...Politics - The Hill - October 16 -
Biden Announces $425 Million in Aid to Ukraine
President Biden spoke by telephone to President Volodymyr Zelensky of Ukraine about the security package, which includes munitions, armored vehicles and other weapons.Top stories - The New York Times - October 16 -
Taylor Swift Just Made an Announcement and It’s Sheer Genius
The Eras tour is finally ending. But Swift has one more project to delight her fans.Business - Inc. - October 17 -
Sam Fender announces UK and European tour
The singer-songwriter announces his People Watching tour, which hits the road in in December.Top stories - BBC News - October 18 -
Disney announces when it will replace CEO Bob Iger
Disney is clarifying its timeline for naming Bob Iger's successor, while also bringing in Morgan Stanley's ex-CEO as board chair.Top stories - CBS News - October 21 -
What Germany’s new naval base means for Baltic security
Also in this newsletter: the UK joins the EU in committing to the G7 loan to UkraineWorld - Financial Times - October 22