The Government is weighing a major shake-up of landlord taxation that could see National Insurance contributions applied to rental income for the first time. Under the proposal, being considered by Chancellor Rachel Reeves ahead of her Autumn Budget, landlords would pay NI on top of income tax already levied on rental earnings. Treasury officials believe the move could raise around ...
The government’s National Wealth Fund (NWF) has pledged up to £200 million to support new battery storage projects across Britain, as part of a £500 million investment package designed to strengthen the country’s clean energy infrastructure. The deal sees the NWF co-invest with Australian pension fund Aware Super and infrastructure investor Equitix in Eelpower, a specialist battery developer. Construction of ...
On July 18, XRP broke through $3.65, shattering its 2018 all-time high of $3.40. After a pullback to $3.20, it rebounded 7%. Technicals remain strong, with the RSI above 50 and support at $3, indicating a dominant buying trend and a potential rise to $4 in the short term. However, savvy investors don’t just wait for prices to rise; they ...
The scrapping of VAT-free shopping for international visitors has cost London’s West End £310 million in lost sales during the first half of 2025, according to new research. The figure represents a 40 per cent rise on the £220 million recorded for the same period last year, and is the largest six-month loss since the scheme was abolished by the ...
The dollar weakened and US borrowing costs jumped after President Donald Trump claimed to have sacked Federal Reserve governor Lisa Cook, escalating his battle with the country’s independent central bank. In a move without precedent in modern US history, Trump said on Tuesday evening that Cook was “effective immediately” removed from her position on the Fed’s seven-strong governing board over ...
Longtime government scientist Susan Monarez is refusing to leave her position as director of the Centers for Disease Control and Prevention (CDC) after the Department of Health and Human Services (HHS) announced she had been removed from the role less than a month after she was sworn in. Attorneys Mark Zaid and Abbe Lowell said they are representing Monarez and ...
Microsoft co-founder Bill Gates went to the White House on Tuesday for a meeting with the president, according to a Gates spokesperson. In a statement obtained by Fox News Digital, the spokesperson noted, ‘Bill met with the president to discuss the importance of U.S. global health programs and health research that is necessary to save lives, protect Americans’ health, and ...
Lawyers for the Trump administration filed an emergency appeal to the Supreme Court on Tuesday night asking the justices to halt a lower court injunction and allow it to freeze billions in foreign aid spending previously allocated by Congress — kicking the issue of USAID funding back to the high court for the second time in roughly six months. At ...
Romina Boccia, Dominik Lett, and Ivane Nachkebia As we close out our third year, we’re once again taking stock of what our team has been working on—and the impact we’re making (see our first and second year recaps, here and here). As the debt outlook has darkened—Congress increased deficits yet further, gimmicks remain prevalent in fiscal policymaking, and all three ...
David Inserra President Trump took to Truth Social to “put all Countries with Digital Taxes, Legislation, Rules, or Regulations, on notice that unless these discriminatory actions are removed, I, as President of the United States, will impose substantial additional Tariffs on that Country’s Exports to the U.S.A., and institute Export restrictions on our Highly Protected Technology and Chips. America, and ...