Rachel Reeves makes shocking U-turn on non-dom tax rules
That left Rachel Reeves, Britain’s chancellor, with an uphill task when she arrived at the Swiss alpine town to court investors at the annual meeting of the World Economic Forum. She met a raft of Wall Street bosses,
If Chancellor Rachel Reeves wants to launch a tax raid on the nation's retirement pots she's chosen the right man for the job.
Rachel Reeves has been accused of a “Davos deal for millionaires” after announcing she was watering down moves to make wealthy foreigners pay more tax. The chancellor said she had been “listening to the concerns” of “non-doms” living in the UK.
Supermarket giants have called on the Chancellor to U-turn on her inheritance tax plans which could threaten the UK's "food security".
British finance minister Rachel Reeves told Reuters on Thursday that she will announce new budget measures if necessary in March to meet her fiscal rules, but added that it was important not to "jump the gun" with two months still to go.
Rachel Reeves, U.K. Chancellor of the Exchequer, joins 'Squawk Box' to discuss her efforts to bring U.S. companies to the U.K., impact of President Trump's tariff proposals, trade partnership with U.S.
We got the latest UK employment data this morning. With the usual caveats around its reliability, there are signs of the market slowing — unemployment rose from 4.3% to 4.4% — but wage growth remains strong. Both regular pay and pay with bonuses rose by 5.6% in the year to November, which means wages are rising well ahead of inflation.
British finance minister Rachel Reeves plans to introduce new budget measures in March if needed to adhere to fiscal rules, emphasizing caution before the OBR's forecast. Economic data may push for further actions following tax increases and increased borrowing,
Paul J. Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall Street Journal and the Financial Times.
President Donald Trump found a letter from former President Biden in a drawer of the Resolute Desk in the Oval Office of the White House on Monday evening. Trump had spent nearly $20 million on anti-trans ads during his campaign, and delivered an expected blow to the trans community once inaugurated.
Sainsbury’s today announced it will cut over 3,000 jobs, including 20% of senior managers — a headline we shared among colleagues in the newsroom simply with the comment: “oof.”“Oof” is right. It is a big blow to the thousands of people set to lose their jobs,