The Trades Union Congress (TUC) has urged Chancellor Rachel Reeves to consider a package of wealth taxes in the autumn budget, arguing that extra revenue is needed to boost public services and demonstrate that Labour is delivering change. Paul Nowak, TUC general secretary, told the BBC that ministers should not “take anything off the table”, including a conventional wealth tax, ...
Lloyds Bank is preparing to axe as many as 3,000 jobs as part of a sweeping performance overhaul aimed at cutting costs and driving profitability. The shake-up, first reported by the Financial Times, would see the bottom 5 per cent of the lender’s 63,000-strong workforce at risk of redundancy. The decision marks the latest stage of chief executive Charlie Nunn’s ...
Amidst the surge in the digital economy, cryptocurrencies have gradually become a part of the public consciousness. More and more people are viewing them not only as investment tools, but also as a way to generate stable and ongoing passive income. However, traditional mining faces high barriers to entry and high costs, making it unsuitable for everyone. Consequently, cloud mining ...
The Trump administration asked the Supreme Court Wednesday to quickly make a decision on whether President Donald Trump has the authority to impose his sweeping tariffs under federal emergency law. This appeal is a result of a federal appeals court ruling 7-4 that a vast majority of Trump’s tariffs were illegal according to the 1977 International Emergency Economic Powers Act ...
The U.S. military is strengthening its Navy presence near Venezuela, as President Donald Trump seeks to stop the flow of drug trafficking from the Latin American country. U.S. naval and air assets have been sent to the region to take on drug trafficking and protect regional maritime routes, with some already used this week to target alleged narco-terrorists. A Marine ...
Leading members of President Donald Trump’s political team met Wednesday behind closed doors with House Republicans to offer what’s being described as a ‘clear and simple’ message to sell the GOP’s sweeping domestic policy package to Americans. The sales pitch, from top Trump pollster Tony Fabrizio, senior Trump political aide James Blair, and White House press secretary Karoline Leavitt, is ...
The House Budget Committee has begun having early discussions on a second Republican megabill, eyeing more potential reforms to Medicaid, sources told Fox News Digital. Republicans on the panel are expected to hold closed-door talks in the coming days, as lawmakers return from the August recess, three people familiar with the matter said. Two sources familiar with discussions said the ...
Adam N. Michel and Dominik Lett Republicans are talking about another budget reconciliation bill: Reconciliation 2.0. The question is whether Congress should give it a try. The short answer: only if it shrinks the size and scope of the federal government. The first reconciliation package, the One Big Beautiful Bill Act (OBBBA), was a mixed bag. Reconciliation 2.0 could fix ...
Mike Fox When my fellow Suffolk Law alumnus and current Rhode Island Special Assistant Attorney General Devon Hogan Flanagan had a bit too much to drink, she could have simply called it a night. Instead, she chose to stay, refusing to comply with directives from the staff at Newport’s Clarke Cook House to leave. The restaurant staff, with no other ...
Colleen Hroncich “If you choose not to decide, you still have made a choice.” These lyrics from the song Freewill, by the Canadian rock band Rush, resonate with me whenever I have a difficult decision to make. While it may be tempting to kick the can down the road, these lyrics remind me that not deciding is itself making a ...