Category : Economy


France mulls US-style tax raid on wealthy expats

As France grapples with mounting economic pressures, the government is reportedly exploring controversial American-style tax measures targeting wealthy citizens living abroad in a dramatic bid to stabilise the nation's finances.

UK Economy Contracts at Fastest Pace in 11 Months

Britain's private sector faces worst performance in nearly a year as manufacturing and services decline simultaneously. Chancellor Rachel Reeves confronts mounting economic challenges ahead of crucial budget announcement.

Children overtake pensioners in UK poverty crisis

New analysis reveals a dramatic reversal in UK poverty trends, with children overtaking pensioners as the age group most likely to live in poverty. The triple lock's success for retirees contrasts sharply with growing child deprivation.

Reeves considers emergency budget for UK economy

New Labour Chancellor Rachel Reeves considers an emergency budget to address Britain's economic challenges, with potential tax reforms and spending announcements expected within weeks of taking office.

Reeves faces backlash over flight tax plans for £30bn hole

Chancellor Rachel Reeves confronts mounting pressure as green taxes on flights and potential holiday surcharges emerge as controversial solutions to Britain's £30 billion fiscal shortfall, sparking industry outrage and consumer anxiety.

LendingTree CEO injured in serious ATV crash

Doug Lebda, founder and CEO of financial services giant LendingTree, is recovering from serious injuries following a severe all-terrain vehicle accident that occurred during a family holiday in North Carolina.

Reeves targets lawyers, accountants and doctors in budget

Chancellor Rachel Reeves is preparing to target lawyers, accountants, and doctors in her upcoming budget with new tax measures aimed at high-earning professionals. Discover how these changes could affect Britain's top earners.

Lotto jackpot hits £4m after another rollover

The National Lottery's Lotto jackpot surges to an estimated £4 million as no players matched all six numbers in Wednesday's draw. Discover the winning numbers and see if you're sitting on a fortune.

Brexit deal 'drag anchor' on economy, Reeves warns

Exclusive polling reveals overwhelming public belief that Brexit has damaged Britain's economic prospects, as Shadow Chancellor Rachel Reeves warns the deal is holding the nation back from growth.

Benefits surge 3.8%, pensions jump 4.8% in April

Chancellor Rachel Reeves faces mounting pressure as welfare payments are poised for significant increases next April, while desperately seeking ways to curb government expenditure amidst economic challenges.

Labour's £10bn Middle-Class Tax Raid Revealed

Exclusive analysis reveals Labour's shadow chancellor Rachel Reeves is planning a massive middle-class tax raid targeting pensions, investments, and property wealth to fund government spending.

Reeves declares war on wealthy tax dodgers

Shadow Chancellor unveils radical tax crackdown targeting non-doms and private equity loopholes, promising billions for public services while ruling out mansion tax.

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