Sen. John Fetterman, D-Pa., an ardent supporter of Israel, said that he looks forward to voting to confirm Rep. Elise Stefanik, R-N.Y., to serve as U.S. Ambassador to the United Nations. In a post on X, the senator accused the international body of persistently peddling ‘rank, pervasive antisemitism.’ A UN special committee report claimed that ‘the policies and practices of ...
Begbies Traynor, one of Britain’s leading corporate restructuring firms, anticipates a rise in the number of businesses facing financial distress in the coming months due to the recent budget changes. The company expects that the Chancellor’s decision to increase employers’ National Insurance contributions will exacerbate cost pressures on businesses already grappling with economic headwinds. While the increased National Insurance will ...
Donald Trump’s proposals to impose hefty tariffs on goods entering the United States could deliver a £20 billion blow to the British economy, analysts have warned. The President-elect’s plan to levy a 60% tariff on Chinese products sold to American businesses, alongside a 20% tariff on all other imports, “poses challenges” for the UK government, according to the Centre for ...
As a homeowner, securing a favourable loan rate can make a significant difference in your long-term financial well-being. Homeowner loans, also known as home equity loans or second mortgages. This type of loan allows you to leverage the equity built up in your property to access additional financing. Despite that, it’s still challenging to navigate the complexities of homeowner loan ...
FXGiants has taken a strategic step to widen its trading portfolio by adding over 300 assets, giving clients more financial instruments to interact with. This addition includes forex pairs, commodities, metals, indices, shares, and the notable addition of futures CFDs. The extended index is intended to cover the changing requirements of traders who seek to broaden their CFD trading portfolios ...
Female board members at FTSE 100 companies are paid 69% less than their male counterparts, underscoring the persistent gender pay gap at the highest levels of British business. According to research by Fox & Partners, the employment and partnership law specialists, women in board roles took home an average of £335,953 last year, compared with £1,073,445 for men. While this ...
London-based tech firm Goodstack has secured £22 million in venture capital funding, positioning it to facilitate £2.4 billion in employee donations to good causes this year. The company, whose platform is utilised by major corporations such as HSBC, LinkedIn, and design software firm Canva, has been quietly investing the capital raised from San Francisco-based General Catalyst and other investors to ...
Claims for multibillion-pound business tax incentives are more likely to be non-compliant when submitted with the assistance of specialist agents, according to an official review by HM Revenue & Customs (HMRC). An inquiry into research and development (R&D) tax credits—schemes intended to encourage innovation but undermined by fraud and error—found that behaviour among some agents was “clearly not acceptable”. In ...
The Pentagon is bracing for sweeping policy changes under the incoming Trump administration, and some high-level officers could find their careers on the chopping block. President-elect Donald Trump has nominated Pete Hegseth, a former Fox News host and veteran of the Iraq and Afghanistan wars, to lead the Defense Department – an iconoclast whose pick roiled the defense industrial base. ...
Republicans are already making big plans for the 119th Congress, many of which center on using a legislative maneuver called reconciliation. GOP leaders have suggested they are planning a mammoth-sized bill to implement President-elect Trump’s tax policies, lower the federal deficit and enact conservative policies early next year. Reconciliation is a way to fast-track legislation on issues like taxes, the ...