Category : Search result: asset freeze


Reeves Plans New Property Tax After U-turn

Chancellor Rachel Reeves is set to introduce a new levy on high-value homes and extend income tax threshold freezes in the November Budget. Discover the full details and economic impact.

Councils Sell Assets to Avoid Bankruptcy

Facing a financial crisis, 60% of key English councils plan to sell social clubs and sports centres to fund soaring social care costs. Explore the stark choices local authorities are making.

Michael Burry shorts AI stocks in $886M bet

Michael Burry of 'The Big Short' fame reveals he's betting against AI stocks, warning of an impending bubble burst that could mirror previous market crashes.

Labour vows no income tax rise under Reeves

Shadow Chancellor Rachel Reeves commits Labour to freezing income tax, national insurance, and VAT rates, positioning party as fiscally responsible ahead of potential election.

BP Profits Plunge Despite Major Asset Sales

Energy giant BP reports significant profit decline despite major asset disposals, highlighting ongoing challenges in the traditional energy sector as transition pressures mount.

Swinney rules out Scottish income tax increases

SNP leader John Swinney makes significant commitment to Scottish taxpayers, pledging no further income tax increases while challenging Labour's economic plans ahead of Westminster election.

Arctic Blast: Freeze Warning for Texas, Colorado, Kansas, Oklahoma

A severe cold front is sweeping across America's heartland, with potentially damaging frost conditions expected overnight across multiple states. Meteorologists warn of plummeting temperatures that could threaten crops and require urgent protective measur

Tax threshold freeze could raise £12bn, hitting millions

A leading thinktank reveals extending the income tax threshold freeze until 2028 could generate £12bn for the Treasury while hitting workers with stealth tax rises as inflation pushes salaries into higher brackets.

US Freeze: Record Cold and Frost Warnings Nationwide

Millions of Americans face dangerous freezing temperatures as an unprecedented cold snap triggers widespread frost alerts across multiple states, with meteorologists warning of potential record lows.

Trump faces court over $464m bond in fraud case

New York's attorney general confronts Trump's legal team in high-stakes hearing over unpaid civil fraud penalty, as prosecutors seek to enforce judgment through property seizures.

Arctic Blast: Widespread Freeze Warning for US

A dangerous cold front is sweeping across the United States, bringing potentially record-breaking freezing temperatures and frost risks from the Midwest to the Northeast. Meteorological authorities issue urgent warnings as the mercury plummets.

Zelenskyy: Trump's frontline freeze a 'good compromise'

Ukrainian President Volodymyr Zelenskyy has described Donald Trump's proposal to freeze the war along current frontlines as a potential breakthrough, while emphasising Ukraine's sovereignty remains non-negotiable.

Trump Immigration Freeze Triggers Legal Battles

Donald Trump's sweeping immigration freeze faces immediate legal challenges while creating diplomatic friction with NATO allies, as courts scramble to respond to the controversial executive order.

Universal Credit freeze until 2026 hits millions

Exclusive investigation reveals DWP plans to maintain current Universal Credit rates until April 2026, creating a benefits freeze that could leave vulnerable households thousands worse off amid soaring living costs.

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