Governments set rules that we, as citizens, must follow – laws with clear consequences for non-compliance. But they also set rules for themselves, and these can be flexible when convenient.
Traders are exchanging 700,000 Iranian rials for the dollar in Tehran. Ali Mohammadi/BloombergAs the world absorbed news of Donald Trump’s comeback victory in the 2024 U.S.
Rawpixel.com/ShutterstockDigital technology and social media have revolutionised communication, making people more connected than ever.
Donald Trump’s victory in the 2024 election – and his threat to impose tariffs on all imports to the United States – highlights an important problem for the global economy.
UK education secretary Bridget Phillipson has announced that university tuition fees in England are set to rise next academic year, with the maximum fee increasing by £285 to £9,535. This will be the first increase in university education for domestic undergraduate students since 2017, when fees were raised to £9,250.
Stock-Asso/ShutterstockIt might come as a surprise that most of the UK’s income and employment is provided not by the big national or multinational companies we all recognise but by what are known as small and medium-sized enterprises (SMEs).
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
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.
