Rachel Reeves has vowed there will be no “return of austerity” in a Labour-led government, and she ruled out any increases to national insurance or income tax. The shadow chancellor
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The 4,200-acre Profen mine, located 45 minutes southwest of Leipzig in east Germany, stretches to the horizon. The Nazis opened the mine in 1941, forcing hundreds of residents to move
Jeremy Hunt said that the UK could create a $1tn domestic tech giant to compete with Microsoft or Google. He dismissed foreign bids on London-listed companies, saying they were “part
Councils have increased borrowing to offset funding cuts from Westminster. This has led to warnings about further council bankruptcy. The research shared before the local elections in the country on
Retail bosses warned the government about the impact of its decision to not restore VAT free shopping by foreign tourists on other industries. The manager of the O2, a venue
The husband of Scotland’s former First Minister Nicola Sturgeon was charged with embezzlement allegations involving funds belonging to the Scottish National Party. Peter Murrell was arrested Thursday morning. He had
According to a recent report, tax havens make “glacially” slow progress on transparency measures to combat economic crime. Gibraltar, the only jurisdiction with a fully functional and public beneficial owner
The government has accused a group of companies of “breach” of the scheme rules after they received £9million in taxpayer funding through Rishi Sunak’s Future Fund. Administrators have announced that
A report says that Britain’s housing is “expensive and cramped” with an ageing population. It offers the lowest value for money among advanced economies. According to a study by Resolution
As part of its efforts to improve service, the intercity train operator Avanti struck an overtime agreement with drivers. This could bring their average annual salary to nearly £100,000. The
On Thursday, Congressional leaders announced a $1.2tn budget package to fund a large part of the federal Government. There are less than two weeks left to avoid a partial government
Donald Trump’s legal dispute with his former business partner will soon come to an end. A vote is set to decide whether the former US President can reap a $3.5bn
Vladimir Putin has won the Russian presidential election with a landslide, securing his reign for six more years despite his invasion of Ukraine. According to the Russian electoral committee, the
Labour hired former Bank of England Governor Mark Carney, and Barclays boss to unlock billions of pounds of private investment. was forced to abandon a pledge to spend £28bn on
BAE Systems is expected to make a profit of £3 billion this year, as the wars in Ukraine and the Middle East are boosting the company’s coffers. The company, which
Last week, official figures revealed that the UK had entered a “technical recession” in the second half last year. The drop in Gross Domestic Product (GDP) was 0.3 percent in
