Chancellor Rachel Reeves’ debut budget pledged increases of £22.6 billion in day-to-day spending for the NHS and £3.1 billion in capital spending over the next two years. The increase in day-to-day spending is intended to fulfil Labour’s campaign promise of “40,000 more appointments per week” from their election manifesto.
Cubans have endured days of blackouts since a grid failure in Havana on Oct. 18, 2024. Adalberto Roque/AFP via Getty ImagesCuba’s communist leaders are in the midst of crisis – and not for the first time.
fizkes/ShutterstockChancellor Rachel Reeves’s first budget was full of a dizzying array of measures to raise over £40 billion to fund public services and boost investment.
The headlines suggest most of the extra taxes to be paid will fall on businesses, not directly on “working people”. If you are recently out of university or early in your career, here are a few measures most likely to affect your life.
Inheritance tax
Despite their concerns, some farm operators still support the former president and prefer his overall economic plan.
Factionalism isn't great for the bottom line. Sefa Ozel/E+ via Getty ImagesPartisan squabbling isn’t just annoying – it’s also bad for business.
That’s what my colleagues and I found in a recent study on how uncertainty in environmental policy affects business investment.
U.S. payrolls grew by only 12,000 in October, a figure that left markets placid but fueled political contention. Unemployment remained 4.1 percent.
Kamala Harris’s plans offer a bigger boost for the working class, but Donald Trump seems to be convincing voters.
A Massachusetts ballot initiative would have gotten rid of the state's tipped minimum wage. AP Photo/Marta LavandierThe federal minimum wage for tipped workers has stood at US$2.13 an hour since 1991. Back then, it amounted to half the $4.25 regular minimum wage.
The Biden administration will place a hub of a newly created national semiconductor technology center in upstate New York.
The sacking of a top football manager is not unusual. It happens frequently, every season. The latest (well-compensated) victim is Erik ten Hag, who was shown the door at Manchester United on October 28 2024.
