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US to cut tariffs on Taiwanese goods after investment pledge
Posted onNatalie Sherman,Business reporterand Lily Jamali,North America Technology correspondent Bloomberg via Getty Images The US has been pushing to build up its semiconductor industry The US said it had agreed to cut the tariffs it charges on goods from Taiwan to 15%, in exchange for hundreds of billions of dollars in investment aimed at boosting domestic…
Chancellor hints at tax and spend shift to cushion Budget
Posted onThe chancellor has given the clearest indication yet that she wants to give herself more financial breathing space in November’s Budget. Speaking at a gathering of business leaders in Saudi Arabia, Rachel Reeves said she wanted to ensure the UK had “sufficient headroom” to provide resilience against future shocks. The implication is that the £9.9bn…
What is the two-child benefit cap and how could it change?
Posted onGetty Images The two-child limit means many low-income families do not receive further benefits when they have a third or subsequent child. It has been the subject of intense political debate and speculation, with Chancellor Rachel Reeves hinting at changes in the Budget. So how does the system work and what might happen? What is…
How is the UK interest rate decided?
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