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Jerome Powell: World central bank chiefs declare support for US Fed chair
Central banks across the world have joined together to declare that they stand in “full solidarity” with the Federal Reserve’s chair after the US launched a criminal investigation into Jerome Powell. The heads of the Bank of England, the European Central Bank and the Bank of Canada are among 11 senior bankers who have signed…
50,000 new apprenticeships promised in youth employment push
The government has launched an expansion of youth apprenticeships to 50,000 places over the next three years, in an effort to tackle unemployment among young people. Sir Keir Starmer said he was “on a mission” to boost training schemes, as he met apprentices at car manufacturer McLaren in Woking, the day after driver Lando Norris…
Crypto users forced to share account details with tax officials
Rachel ClunBusiness reporter Getty Images People buying cryptocurrency in the UK now need to share their account details or face penalties, in changes that came into effect on 1 January. The move by the UK’s tax body is designed to ensure they pay all relevant tax on buying and selling crypto, including capital gains tax….
Judge blocks probe of Federal Reserve in victory for bank
“This process has been arbitrarily undermined by an activist judge,” Pirro said at a fiery press conference responding to the decision, which quashed subpoenas – orders to compel someone to give testimony – from her office seeking information from the bank about cost overruns at renovations of its offices.
