UK private sector hiring has fallen at its fastest rate since the global financial crisis (excluding pandemic disruptions), compounding fears that the economy may be edging closer to recession. Fresh data indicates that rising employment costs, triggered in part by Chancellor Rachel Reeves’s decision to hike business taxes, are prompting companies to shed staff and scale back investment as consumer ...
Eight years ago, a small group of private investors placed what seemed like a high-risk wager on an unknown fintech start-up called Revolut. Now those early backers are on the brink of reaping near-millionaire returns, thanks to a decision by the company to let some of them sell a portion of their shares. Investors who used the Crowdcube platform in ...
The owners of tens of thousands of family-run businesses and farms have urged Chancellor Rachel Reeves to revisit the inheritance tax changes announced in her recent Budget, warning they could trigger forced sales, job losses, and a marked reduction in investment. In an open letter sent over the weekend, Family Business UK—representing 32 trade associations and about 160,000 family enterprises—called ...
A co-chair of the House of Representatives’ Congressional DOGE Caucus said there is ‘real motivation’ behind accomplishing its mission of cutting the federal deficit. Rep. Blake Moore, R-Utah, is House GOP Conference vice chair and the No. 6 House Republican, and recently joined Reps. Aaron Bean, R-Fla., and Pete Sessions, R-Texas, in leading the caucus. The group’s name is an ...
With former president and now President-elect Donald Trump unable to run again for the White House in 2028, Vice President-elect JD Vance appears to be the heir apparent to the America First movement and the Republican Party’s powerful MAGA base. But even though the 40-year-old Vance will be considered the front-runner in the next GOP presidential nomination race, the chair ...
President-elect Trump announced his nominations for U.S. ambassadors to five countries on Monday, including Austria and Japan. In a series of Truth Social posts on Monday night, the incoming president detailed his picks for the U.S. ambassadors to Japan, the Dominican Republic, Austria, Luxembourg and Uruguay. Each nominee will need to be confirmed by the U.S. Senate. Trump named George ...
A top aide on Vice President Harris’ failed presidential campaign recently called for more cultural voices like the vocal anti-America and anti-Israel Twitch star, Hasan Piker, who previously faced backlash for saying that ‘America deserved 9/11.’ Harris’ former deputy campaign manager, Rob Flaherty, said during a recent interview that Democrats are ‘losing hold of culture’ and laid out a strategy ...
The Senatevoted to advance its annual $895 billion defense policy bill, a signal that the legislation is on track to pass despite Democratic grumblings over a transgender care provision. A vote to invoke cloture, or pass an agreement to limit debate, on the National Defense Authorization Act (NDAA) passed the Senate 63 to 7 on Monday evening. The bill now ...
President-elect Donald Trump dispelled rumors Monday that his administration would seek to ban the polio vaccine, telling reporters Monday, ‘that’s not going to happen.’ Questions about how Trump’s nominee for Secretary of the Department of Health and Human Services, Robert F. Kennedy Jr., has made a name for himself challenging the efficacy of vaccines, and on Friday the New York ...
President-elect Trump on Monday described the recent fall of the Bashar al-Assad regime as an ‘unfriendly takeover’ orchestrated by Turkey. ‘I think Turkey is very smart,’ he said from a press conference at his Florida residence. ‘Turkey did an unfriendly takeover, without a lot of lives being lost. I can say that Assad was a butcher, what he did to ...