Latest in Uk Hits Wealthy
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UK hits wealthy with raids on non-doms, private equity and estates
Chancellor pressed ahead with contentious changes to offshore trusts used by rich foreignersBusiness - Financial Times - 7 hours ago -
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 - 2 hours ago -
Wealthy non-doms lobby UK for Italian-style tax regime
Push for Budget reforms to allow foreign residents to pay tiered charges amid fears of exodus of richBusiness - Financial Times - October 15 -
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 - 6 hours ago -
Yellow warnings in place as Storm Ashley hits
Warnings in Cumbria, Devon and Cornwall are issued for winds gusting up to 60mph (97km/h) and rain.Top stories - BBC News - October 20 -
Gambling stocks hit by fears of UK Budget tax grab
Ladbrokes owner Entain falls 8% while Flutter loses 6%World - Financial Times - October 14 -
Premier Inn owner hit by falling demand for UK budget hotels
Whitbread profits slip as data suggests travellers are trading up to more expensive optionsWorld - Financial Times - October 16 -
Amber warnings as Storm Ashley hits large parts of UK
Storm Ashley is expected to bring very high winds and rain, particularly affecting western areas on Sunday.Top stories - BBC News - October 20 -
UK music exports hit record £775mn but growth slows
Competition intensifies from US, South Korea and Latin AmericaWorld - Financial Times - October 21 -
Fuel duty frozen but vehicle excise duty surges
Motoring organisations said chancellor’s reversal of planned fuel duty rises was ‘a big relief’World - Financial Times - 8 hours ago -
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 - 7 hours ago -
Why U.S. Economic Health Depends on Wealthy Consumers
Affluent Americans are driving retail spending, which could sustain healthy growth for the next year.Business - Inc. - October 18 -
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...World - The Guardian - October 15 -
UK borrowing costs hit post-election high on eve of Reeves’ first Budget
Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990sBusiness - Financial Times - 16 hours ago -
UK’s rising fiscal burden narrows tax gap with Europe
Britain’s fiscal picture is closer to EU averages than it has been for decadesBusiness - Financial Times - 20 hours ago -
Peloton partners with Costco to sell Bike+ as it looks to reach young, wealthy customers
Peloton has been working to grow sales and stem its losses and has had to work harder to accomplish both of those goals as customer acquisition costs rise.Business - CNBC - October 22 -
Peloton partners with Costco to sell Bike+ as it looks to reach young, wealthy customers
Peloton’s stationary bikes will soon sell at Costco’s stores and on its website as the beleaguered fitness company looks for new ways to reach younger and affluent customers, Peloton is set to ...Top stories - NBC News - October 22 -
Solving the UK’s consumption conundrum
Real earnings are rising and consumer confidence has improved yet households still choose to save their disposable income rather than spend itWorld - Financial Times - October 21 -
Boeing takes a hit
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Boeing posts $6B loss ahead of union vote On Wednesday morning, Boeing reported ...Politics - The Hill - October 23 -
The Budget Game: Can you do better than Rachel Reeves?
Step into the chancellor’s shoes and devise your fiscal planBusiness - Financial Times - October 15 -
Can you run the UK economy?
Step into the chancellor’s shoes and devise your Budget planWorld - Financial Times - October 15 -
UK wage growth falls to 4.9%
Data for three months to August adds to evidence that pay pressures are easingBusiness - Financial Times - October 15 -
Pound falls as UK inflation declines more than expected to 1.7%
First reading below Bank of England’s target in 3 years opens door to more rate cuts this yearBusiness - Financial Times - October 16 -
There are no easy answers to the decline of UK’s Aim
Number of companies listed on the junior stock market is barely over 700Business - Financial Times - October 17 -
UK borrowing rises ahead of Budget
Official data shows borrowing - the difference between spending and tax take - reached £16.6bn last month.Top stories - BBC News - October 22 -
UK banks deserve a place in the sun
Third-quarter results underscore their low sensitivity to interest ratesWorld - Financial Times - Yesterday -
Republicans hit for overseas voter lawsuits
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Democrats accuse GOP of obstructing military voters Republicans ...Politics - The Hill - October 15 -
Social Media Layoffs Hit Meta
The tech giant confirmed an unspecified number of job cuts at WhatsApp and Instagram.Business - Inc. - October 17 -
They Smash Chestnuts as a Sport. Then Controversy Hit.
World Conker Championships is a light-hearted event that has attracted contestants from all over the globe. This year, a cheating scandal took it by storm.Sports - The New York Times - October 20 -
Why the UK is failing to catch up with fraudsters
The UK must equip law enforcement to tackle increasingly sophisticated criminals and give victims confidence to reportWorld - Financial Times - October 14 -
EU and UK security is ‘indivisible’, says David Lammy
Foreign secretary joins European meeting to discuss defence co-operation as part of post-Brexit ‘reset’ in relationsWorld - Financial Times - October 14 -
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 industryBusiness - Financial Times - October 14 -
Martin Wolf on the UK economy: ‘Why I’m worried’
The FT’s chief economics commentator on how the UK can escape its low-growth trapWorld - Financial Times - October 14