Reeves Faces OBR Fight Over Plan to Scrap UK’s Spring Forecast
UK Chancellor of the Exchequer Rachel Reeves risks a confrontation with the head of the government’s fiscal watchdog…
Brazil’s 7.5% Tax Bill Plan Rattles LCA, LCI Markets
Brazil President Luiz Inacio Lula da Silva’s administration is racing to balance public accounts ahead of next year’s…
Germany Eyes Cutting €4 Billion From Industries’ Power Costs
Germany plans to earmark between €3.5 billion to €4 billion ($4.7 billion) to ease the burden of high…
State Pension payments could be frozen due to soaring costs of Triple Lock uprating
Financial expert Claire Trott suggests further increases to the age of retirement may help control soaring State Pension…
China Traders Book Argentine Soy After Milei’s Export Tax Break
China-based trading firms snapped up 10 cargoes of Argentine soybeans in a rare buying spree this week, adding…
Rachel Reeves Might Have to Break Her Promises
Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest…
Save Social Secuirty by eliminating the income cap
Eliminate the income cap for Social Security Re: “Social Security: Americans’ top asset isn’t a home or stocks,”…
Arnault Says French Wealth Tax Advocate Seeks to Destroy Economy
Bernard Arnault has waded into an ongoing debate on how to restore France’s finances, calling an economist who…
Price Hikes Backfire as Tariffs Erode Margins and Demand
Global trade has grown more uncertain, with tariffs hardening into a new economic reality for businesses in the…
People withdrawing money from a private or workplace pension could be due £3,800 tax refund
More than 13,000 tax refund forms were processed between April and June. HM Revenue and Customs (HMRC) issued…
Great wealth comes with great responsibility. Can heirs handle it?
US added over 1,000 new millionaires a day last year, says report Wealth grew disproportionately quickly last year…
Chicago Advances Pension Cash to Avoid Asset Sale From Tax Delay
Chicago is stepping in to lend cash to its underfunded pensions so they have enough money to avoid…