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Cheaper theme park tickets and childrens meals as VAT to be cut for some attractions this summer
However, Mel Stride, Conservative shadow chancellor, responded to Reeves’s statement saying if she “serious about the challenges we face, she would commit to getting spending down, tackling the benefits bill, getting taxes down to strenghen our economy”.
Octopus Energy to spin off $8.65bn tech arm Kraken
Archie MitchellBusiness reporter Getty Images Octopus Energy is set to spin off its Kraken Technologies arm as a standalone company after a deal to sell a stake in the platform valued it at $8.65bn (£6.4bn). The energy giant, Britain’s biggest gas and electricity supplier, has sold a $1bn stake in the AI-based division to a…
The global winners and losers of the war in Iran
Firstly, because some producers are heavily exposed to disruption in the Middle East. ExxonMobil, for instance, has operations at Qatar’s Ras Laffan industrial hub, where production has been shut down since early March, and which has now been hit by Iranian missile attacks, causing “extensive damage”.
TikTok closes deal to split US app from global business: What to know
Suranjana Tewari,Asia Business Correspondentand Lily Jamali,North America Technology Correspondent VCG via Getty Images TikTok announced on Thursday that it has finalised a deal that will allow the hugely popular short-video app to continue operating in the US. The deal comes after a years-long tussle between Washington and Beijing that began in Trump’s first term in…
