Hunter's Manifesto: Quango Bonfire and 100,000 Jobs
Billionaire Sir Tom Hunter releases pro-business manifesto for Scotland, calling for tax cuts, planning reform, and quango abolition to boost economy.
Category : Economy
IMF's Calm Language Masks Global Economic Turmoil
The IMF's latest World Economic Outlook report uses banal language to describe escalating trade tensions and geopolitical instability, while ignoring Donald Trump's disruptive actions that threaten global economic stability.
Firms Warn Over Impact of Rising Business Costs
Major UK firms including Currys, JD Wetherspoon and Morrisons warn that government policies are driving up business costs, impacting profits and threatening jobs across retail and hospitality sectors.
Millionaires Demand Higher Taxes on Super-Rich at Davos
Nearly 400 millionaires and billionaires sign open letter at World Economic Forum calling for higher taxes on the ultra-wealthy to address inequality and environmental breakdown.
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Wealthy Signatories Call for Higher Taxes on Super-Rich
Nearly 400 millionaires and billionaires, including Mark Ruffalo and Brian Eno, have signed an open letter urging global leaders to increase taxes on the super-rich, citing concerns over political influence and inequality.
Hunter's Manifesto: Quango Bonfire, 100,000 Scottish Jobs
Billionaire Sir Tom Hunter unveils pro-business manifesto for Scotland, proposing sweeping reforms to tax, planning and regulation to boost economic growth and create over 100,000 new jobs.
Davos: Global Power and Pricey Networking History
From its 1971 debut as a £700 seminar to today's exclusive summit, the World Economic Forum in Davos has evolved into a hub for world leaders and tycoons, shaping economic discourse amid Alpine snow and hot air.
HMRC Loses 62% of Penalty Appeals Before Deadline
New figures reveal taxpayers win over 62% of appeals against HMRC penalties, with experts urging people to challenge fines before the 31 January self-assessment deadline.
IRS Announces Major Reorganisation Ahead of 2026 Tax Season
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.
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Millionaires Call for Higher Taxes on Super-Rich
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.
UK Food Security Crisis: Market Reliance Fails as Nations Build Reserves
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 Diamond Crisis: Stockpiles Double Amid Lab-Grown Surge
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 Diamond Stockpile Crisis Hits Economy
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.
Sweden's Wealth Tax End Created Billionaire Paradise
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.
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BoE Alert Over Trump Tariffs for Greenland Control
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.
Insolvencies reach 15-year high in 2025
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.
Study: EU meat tax could cut environmental damage for €26/year
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.
World Economic Forum Opens in Davos Without Founder
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.
Reeves to refund visa fees to attract 'trailblazer' investment
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.
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UK to refund visa fees for top tech and science firms
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.
Trump tariffs threaten UK pensions and jobs
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.
ATO's £34m Debt Collector Pays Zero Corporate Tax
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.
Davos Elite Silent on Capitalism as Core Global Risk
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.
IMF: UK to be Europe's fastest-growing G7 economy in 2026
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.
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Billionaire wealth hits record high as political power grows
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.
UK Growth to Beat Most G7 Peers Next Year, Says IMF
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.
IMF: Trump Tariffs and Geopolitics Threaten Global Growth
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.
Labour U-turns cost UK £8.2bn in growth
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 shrinks for fourth consecutive year
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.
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China's Economy Grows 5% in 2025 Amid Challenges
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.
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