Chancellor Rachel Reeves’ reported plan to impose a 20% “exit tax” on the business assets of wealthy individuals leaving the UK has sparked a furious backlash from the financial sector, with critics warning it could drive away entrepreneurs and investors. The proposed measure — described as a “settling-up charge” — would levy capital gains tax on the holdings of those ...
The head of one of Britain’s best-known law firms has warned that Rachel Reeves’s reported plan to raise taxes on limited liability partnerships (LLPs) could drive professionals and entrepreneurs out of the UK, undermining London’s status as a global business hub. James Libson, managing partner of Mishcon de Reya, said proposals to align LLP taxation more closely with standard employment ...
Nov. 8, 2025, marks the 50th anniversary of Chevy Chase’s comedic portrayal of U.S. President Gerald Ford as a bumbling klutz on ‘Saturday Night Live.’ Nowadays, we expect ‘SNL’ to mock the president. (There’s even speculation going into each administration about who will play the president.) But when Chase did it for the first time, it was groundbreaking. In fact, ...
The Senate could take a test vote as early as tomorrow afternoon on a revamped Republican bill to end the government shutdown and fund parts of the government for the rest of the fiscal year. We are still waiting on bill text on a measure which would fund the government through late January and provide money for the Agriculture Department ...
A reckoning is coming. Or shall we say, ‘reckonings.’ And they’re coming, whether the government re-opens soon or remains shuttered. If the government stays closed, voters will likely torch both parties for not hammering out a deal. Air traffic delays are stacking up. Those problems only intensify as we near Thanksgiving and Christmas. That’s to say nothing of multiple missed ...
The Senate is in for a rare weekend session as the chamber remains in limbo while lawmakers try to find a way out of the government shutdown. Behind the scenes, appropriators are cooking up a trio of spending bills to attach to the House-passed continuing resolution (CR), along with an extension to the bill that would, if passed, reopen government ...
Let’s get one thing straight: I’m not usually in the business of tutting at shoes. I’m not the keeper of the brogue, nor the patron saint of patent leather. But when a man hosts a dinner at his own three-Michelin-starred restaurant to celebrate the newly knighted Sir David Beckham, and turns up in a tuxedo paired with gleaming white trainers ...
Online casino entertainment in Australia continues to grow in 2025, offering players exciting ways to enjoy pokies, live dealer games, and crypto-based platforms. With so many options available, it’s important to know how to choose the best online casino no deposit Australia offers, understand bonus terms, and find reliable sites with fast withdrawals. This article explores the top casino brands—Winshark, ...
President Donald Trump has urged Senate Republicans to abolish Obamacare and reroute federal health care spending directly to individual Americans. In a Truth Social post Saturday morning, Trump wrote: ‘I am recommending to Senate Republicans that the Hundreds of Billions of Dollars currently being sent to money sucking Insurance Companies in order to save the bad Healthcare provided by ObamaCare, ...
Rep. Thomas Massie — a Republican fiscal hawk facing a President Donald Trump-backed primary challenger in Kentucky — has previously described himself as ‘America First,’ but now he says he thinks that he’s ‘America only.’ ‘I am tired of sending money overseas,’ he told Fox News Digital during an interview on Thursday. ‘I am tired of favoring foreign beef over ...