Sunday, October 6, 2024
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ECONOMY

Why Rachel Reeves is betting a raid on capital gains can actually boost economic growth

Today, CGT is fiendishly complicated.It starts at 10pc on profits above £3,000,...

A dangerous precedent? Telegram CEO’s arrest a new front in war over speech

In the war for control of the Internet, the potential significance of Telegram founder and CEO Pavel Durov’s arrest is difficult to overstate. At the...

Canada follows US, imposes 100% tariff on EVs imported from China

Ottawa to work with allies to ensure customers around the world are not unfairly penalised by nonmarket practices of countries such as China, PM...

Sour grapes as fine wine business becomes embroiled in row with investors

An Italian wine industry worker in his early 30s, who wished to...

Airlines suspend flights over clashes between Israel and Hezbollah

British Airways suspends flights until Wednesday, while Air France pauses services until Monday.Multiple airlines have suspended flights to Israel after Israeli forces and Lebanese...

Royal Mint abandons £4m worth of unwanted copper coins

Surveys suggest that more than half of 1p and 2p coins that...

Fed Chair Powell indicates interest rate cuts ahead: ‘The time has come for policy to adjust’

Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or...

Here’s everything to expect from Fed Chair Powell’s speech Friday in Jackson Hole

U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy...

Cruise measures enter final stretch | eKathimerini.com

The processes for developing a new framework for the cruise industry are nearing completion, and the government is likely to make appropriate statements shortly....

Jobs tax looms after £5bn borrowing surge

Rachel Reeves has begun laying the groundwork for a tax raid on...

Nonfarm payroll growth revised down by 818,000, Labor Department says

The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department reported Wednesday.As part of...

Why Reeves’ relationship with the unions is a threat to Britain’s public finances

Ben Zaranko, economist at the Institute for Fiscal Studies (IFS), suspects there...

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