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Rachel Reeves should avoid ‘half-baked’ tax fixes in Budget, says IFS
Michael Sheils McNameeBusiness reporter EPA Chancellor Rachel Reeves should avoid “directionless tinkering and half-baked fixes” when trying to boost the government’s tax take in next month’s Budget, a leading think tank has said. Taxes are widely expected to go up in the Budget, with pressure on the chancellor to raise money in order to meet…
Walmart becomes first retailer to hit $1tn market value
Walmart is the biggest brick-and-mortar retailer in the US and is known for its low prices. It has benefited from a trend of higher earners trading down to lower-priced items, as the jobs market cools and inflation persists. Its speedy home delivery offering has also enticed shoppers from households across income brackets.
‘I don’t know who he is’, says Trump after pardoning crypto tycoon
US President Donald Trump says he does not know who Changpeng Zhao is, despite pardoning the cryptocurrency multi-billionaire last month. Trump was asked about the pardon during an interview with CBS News’ 60 Minutes programme, which was broadcast on Sunday. Zhao, who is also known as “CZ”, pleaded guilty to enabling money laundering in 2023….
