President Donald Trump, fresh off announcing a ceasefire between Israel and Iran, is off to The Hague, Netherlands for the yearly summit of the North Atlantic Treaty Organization (NATO), a conference where he’s hoping to drum up another foreign policy win by pushing European leaders to increase defense spending. The president is expected to land in the Netherlands on Tuesday ...
Sen. Lisa Murkowski, R-Alaska, called the prospect of caucusing with Democrats an ‘interesting hypothetical,’ but she fell short of fully committing to doing so if the Democrats pick up three seats in the 2027 midterms. ‘It’s an interesting hypothetical,’ Murkowski said on the ‘GD Politics’ podcast with Galen Druke. ‘You started off with the right hook here, is if this ...
A growing number of business owners are turning to employee ownership trusts (EOTs) to sell their companies tax-free, as changes to capital gains tax (CGT) rules and rising national insurance costs prompt entrepreneurs to seek more efficient exit strategies. New figures reveal that applications to set up EOTs — the model famously used by John Lewis — jumped 40 per ...
A small business owner from Liverpool has been ordered by global fashion house Hugo Boss to take down his website over alleged trademark infringement for using the word “Boss” in the name of his pet wellness company. Ben McDonald, who launched Boss Pets earlier this year, said he was left “devastated” after receiving a legal notice from Hugo Boss demanding ...
The UK is on track to lose more millionaires this year than any other country in the world, according to a new global wealth migration report that underscores growing concerns over the nation’s economic competitiveness and high-tax environment. Henley & Partners, a specialist advisory firm, forecasts that 16,500 millionaires will leave Britain in 2025, more than double the 7,800 expected ...
A group of farmers and family business owners is challenging the government’s controversial inheritance tax reform in court, claiming ministers failed to properly consult before announcing sweeping changes in the Autumn Budget. The legal claim, served on Tuesday to Chancellor Rachel Reeves and HMRC, calls for a judicial review of the government’s decision to cap long-standing tax reliefs for farmland ...
A House lawmaker is nominating President Donald Trump for the Nobel Peace Prize after he brokered a ceasefire deal between Israel and Iran. Rep. Buddy Carter, R-Ga., wrote to the Nobel Peace Prize Committee, declaring Trump had an ‘extraordinary and historic role’ in having ended ‘the armed conflict between Israel and Iran and preventing the world’s largest state sponsor of ...
President Donald Trump expressed deep frustration with both Israel and Iran on Tuesday, saying the two countries ‘don’t know what the **** they’re doing.’ Trump made the comments while departing from the White House for a NATO summit Tuesday morning. Both Israel and Iran fired missiles at one another following the imposition of a ceasefire on Monday night. ‘I’m not ...
As UK businesses increasingly embrace AI to streamline translation, a critical question arises: Can AI tools be trusted with confidential material? Today, MachineTranslation.com offers a clear answer with the launch of Secure Mode, a new privacy-focused innovation designed for data-conscious professionals. Developed by Tomedes, a global language service provider founded in 2007, MachineTranslation.com is one of the most accurate AI ...
Reform UK has unveiled a controversial new policy that would allow wealthy non-domiciled individuals to legally avoid paying UK tax on foreign earnings, income, capital gains, and inheritance — in exchange for a one-off payment of £250,000 every 10 years. The so-called “Britannia Card”, announced by Reform leader Nigel Farage, is being marketed as a way to lure “tens of ...