The head of the IRS has announced a significant shake-up of personnel and priorities just days before the 2026 tax filing season begins, aiming to improve taxpayer service and modernise the agency during a period of major tax law changes.
Nearly 400 millionaires and billionaires, including Mark Ruffalo and Brian Eno, have signed an open letter demanding higher taxes on the ultra-wealthy to combat political influence and inequality.
As climate shocks and geopolitical tensions disrupt global food supplies, Britain's reliance on market mechanisms leaves households vulnerable while European nations rebuild strategic reserves.
Botswana faces economic strain as diamond stockpiles nearly double target levels, with lab-grown gems and weak demand causing price drops and production halts, impacting national revenue.
Botswana's diamond stockpile has nearly doubled target levels amid collapsing prices from lab-grown gems and weak demand, forcing production cuts and threatening further economic contraction.
Anthropological research reveals how Sweden's 2006 wealth tax abolition transformed the egalitarian nation into a haven for billionaires, with pensioners expressing regret over societal disintegration.
Bank of England Governor Andrew Bailey warns of financial stability risks from Trump's proposed tariffs on the UK and Europe, tied to a US bid for Greenland. Get the latest personal finance updates.
Official figures reveal personal insolvencies in England and Wales soared to a 15-year peak in 2025, with over 126,000 cases. Explore the causes and sector impacts.
A new study reveals that applying full VAT to meat in the EU could cut its environmental footprint by up to 6% for a net cost of just €26 per household annually. Explore the findings and policy implications.
The 2026 World Economic Forum begins in Davos, the first without founder Klaus Schwab. Global leaders gather as geopolitical tensions loom. Read the latest updates.
Chancellor Rachel Reeves will pledge visa fee refunds for global firms at Davos, aiming to position the UK as a stable investment hub despite Trump's tariff threats. Read the full story.
Chancellor Rachel Reeves will announce plans to reimburse visa fees and fast-track applications for leading international firms in AI, life sciences and sustainable energy at Davos, pitching the UK as a haven of stability.
Donald Trump's latest tariff threats over Greenland spark market fears, putting UK pensions and the fragile jobs market at risk. Discover the potential impact on your finances.
A private debt collector hired by the Australian Tax Office to pursue unpaid taxes, including from welfare recipients, has paid no corporate tax itself. Read the full investigation.
As global leaders meet at Davos 2026, a leading economist argues they ignore the root cause of crises: neoliberal capitalism and extreme wealth inequality. Discover the unspoken truth.
Chancellor Rachel Reeves says the UK economy will 'turn a corner' in 2026 as the IMF projects it to outpace European G7 rivals. Discover the forecasts and the looming risks.
Oxfam warns Davos that billionaire fortunes surged 16% to $18.3tn in 2025, deepening dangerous economic and political divides. The charity urges wealth taxes and lobbying curbs.
The IMF projects the UK will be the fastest-growing major European economy in 2026 and 2027, with growth only behind the US and Canada in the G7. Chancellor Rachel Reeves says the country is 'turning a corner'. Read the full analysis.
The IMF warns Donald Trump's tariff threats against the UK and other NATO allies could derail global economic growth and destabilise financial markets. Read the full analysis.
A new report reveals Sir Keir Starmer's policy reversals have cost Britain £8.2 billion in economic growth. Discover the full impact of Labour's U-turns on key benefits and taxes.
China's population declines for a fourth year as births hit a record low, raising concerns over an ageing workforce and long-term economic impact. Explore the data and policy responses.
China's economy met its 5% growth target in 2025, defying a property sector meltdown and US trade tensions. Experts warn structural domestic challenges persist. Read the full analysis.
China's population fell for the fourth consecutive year in 2025, with births dropping 17%. Explore the challenges of reversing a demographic decline a decade after the one-child policy ended.
China's economy expanded by 5% in 2025, meeting its official target, driven by a record trade surplus. However, quarterly growth slowed to 4.5% in Q4. Read the full analysis.
Oxfam report reveals Australia's 48 billionaires increased wealth by $10.5bn last year, holding more than the bottom 40% of the population. Calls grow for tax reform.
Oxfam's report reveals billionaire wealth surged to $18.3tn in 2025, accusing governments of choosing oligarchy and repressing protests over inequality and austerity. Read the full analysis.
A new Oxfam report reveals a staggering UK wealth gap, with 50 individuals holding more than almost half the population. Dale Vince OBE calls for tax justice to fund public services.
Oxfam report reveals UK's super-rich gained £30m a day as 14.3 million live in poverty. The global wealth divide widens as Davos meets. Read the shocking data.
A controversial one-time wealth tax on California's richest residents has divided Silicon Valley, prompting threats of an exodus. Discover which billionaires are fighting back and who supports the levy.
Chancellor Rachel Reeves is cosseting City bankers, but research reveals the UK's financial sector is now so large it acts as a brake on the economy. Discover why less finance might mean more growth.