Latest in Labour’s Hedge Fund
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Trump wins tip scales for GOP on government funding
Republican electoral wins in both the presidential race and the Senate are changing the game on government funding, as Congress braces for a battle over federal spending when lawmakers return next ...Politics - The Hill - November 8 -
Fund manager Terry Smith’s pay falls to £28mn
Stockpicker’s investment firm Fundsmith weighed down by his decision to shun chipmaker NvidiaBusiness - Financial Times - November 11 -
Morning Report — Congress starts the funding sprint
In today’s issue: Congress is back in town. Lawmakers begin their lame-duck session today and are facing a Dec. 20 funding deadline ahead of the holidays and the swearing in of the 119th Congress ...Politics - The Hill - November 12 -
Pharmacies vote to cut opening hours in funding protest
Pharmacists in England, Wales and Northern Ireland to reduce opening hours and stop home deliveries.Top stories - BBC News - November 14 -
EU governments struggle to fund green transition
Investors in Czech solar parks threaten to sue Prague over planned cuts to subsidies for photovoltaic installationsWorld - Financial Times - November 14 -
Britain’s bold plan to create super funds
The case for consolidating the UK’s sprawling pension arsenal is strongBusiness - Financial Times - November 14 -
The search for targeted taxes to fund climate action
Body backed by Barbados, France and Kenya outlines options for new leviesWorld - Financial Times - November 18 -
Biden asks Congress for $100B in disaster relief funding
President Biden has sent Congress an emergency funding request for roughly $100 billion to help with recovery after natural disasters, including the recent hurricanes Helene and Milton in the ...Politics - The Hill - November 18 -
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Watch live: Buttigieg, Criswell testify on FEMA funding
The Senate Appropriations Committee is holding a hearing Wednesday focused on disaster relief funding requests in the aftermath of hurricanes Helene and Milton. Witnesses include Transportation ...Politics - The Hill - November 20 -
GAA reconsiders extra Casement funds as costs fall
The GAA say additional funds will be reliant on seeing "the colour of the money from the Treasury".Top stories - BBC News - November 20 -
FEMA disaster relief fund 'rapidly nearing exhaustion'
The Federal Emergency Management Agency’s (FEMA) disaster relief fund has dwindled to less than $5 billion, lawmakers said this week, as both sides press for the swift passage of emergency aid. ...Politics - The Hill - November 20 -
Republicans ask for investigation into federal funding for Planned Parenthood
More than 100 Republican lawmakers are asking for an investigation in to the amount of federal funding that has been awarded to health centers that also provide abortion, including Planned ...Politics - The Hill - 5 days ago -
The Trump Transition’s Secret Funding, and a Campus Crackdown
Plus, payouts for finding pandemic fraud.Top stories - The New York Times - 3 days ago -
The ultimate guide to the UK’s sovereign wine fund
Data! Accountability! Plonk! The whole wine yardsWorld - Financial Times - 3 days ago -
Commerce Department to reduce Intel's funding on semiconductors
The Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around the country, according to three people familiar with the grant who spoke ...Tech - ABC News - 2 days ago -
Royal Mail couriers vote to strike as labour tensions mount
The union’s vote at the group’s eCourier unit casts a shadow over Daniel Křetínský’s £5.3bn takeover dealWorld - Financial Times - October 30 -
Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK
British Treasury chief Rachel Reeves says taxes will rise by $52 billion to plug a hole in the public finances and provide new funding for the U.K.‘s cash-starved public services, as she announced ...World - ABC News - October 30 -
Britain's Labour Party Bets on Big Taxes, Borrowing to Boost Economy
The U.K.’s new government presented its plan to jolt the country out of years of moribund growth: more taxes and a bigger state.World - The Wall Street Journal - October 30 -
UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds
Rachel Reeves, the finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.Business - The New York Times - October 30 -
Ikea to pay €6mn to compensate for forced labour by ex-prisoners in East Germany
Political and other prisoners were made to work producing furniture for the retailer from 1960 until 1990Business - Financial Times - October 30 -
Businesses warn Labour’s £25bn ‘tax on jobs’ will hurt hiring
Companies criticise rise in employers’ national insurance contributionsBusiness - Financial Times - October 30 -
Closure of UK inheritance tax ‘loophole’ to penalise estates of wealthy pensioners
Experts say big tax bills could result from Rachel Reeves’ move in the BudgetBusiness - Financial Times - October 30 -
Labour wants to reverse decline – but with a big budget comes a big risk
The government knows cynical voters will need to see tangible change in public services and to feel better off. At the final political cabinet before Rachel Reeves delivered her first budget this ...World - The Guardian - October 30 -
Rachel Reeves’ budget leaves her little room to manoeuvre
Bet on long-term improvements will make spending review in 2027 a crunch time for the governmentWorld - Financial Times - October 31 -
Labour’s home insulation pledge in doubt, say consumer rights groups
Campaigners warn Budget pledge falls far short of manifesto promise to support energy efficiencyWorld - Financial Times - November 1 -
Decades of bus decline and what hampers Labour’s route forward
Bus fare cap increase will have only limited effect as the Budget lacked proper funding boost to support servicesWorld - Financial Times - November 1 -
Labour needs to make good on its pro-business promise
The government must understand what it means to risk your own capital in a venture or how confidence is generatedWorld - Financial Times - November 1 -
The US-UK special relationship will survive Labour involvement in this election
The decision of Labour Party volunteers to go to the U.S to knock on doors for Vice President Kamala Harris has sparked controversy, with Republicans filing an FEC complaint and suggesting it could ...Politics - The Hill - November 1 -
US adds just 12,000 jobs as storms and strikes hit labour market
October figure far below average forecast of 100,000 job gains and comes just four days before US electionBusiness - Financial Times - November 1 -
Labour challenges Badenoch to back billions for public services and tax rises
Rachel Reeves throws down budget gauntlet to new Tory chief as party’s first black leader is congratulated on win. Labour has thrown down an immediate challenge to the new Tory leader, Kemi ...World - The Guardian - November 2 -
UK MPs plan to grill Shein boss over labour practices
Business select committee intends to summon fast-fashion brands over workers’ rights as soon as JanuaryWorld - Financial Times - November 4