UK announces new tax on expensive homes from 2028
LONDON, Nov 26 (Reuters) – Britain announced a new annual tax on homes worth more than 2 million…
UK to raise dividend, property and savings tax rates by 2 percentage points
LONDON, Nov 26 (Reuters) – Britain’s government will increase tax rates on dividends, property and savings by 2…
Investors pile into UK bonds and sterling after budget
OBR forecasts larger fiscal buffer than expectedReeves to announce tax rises, cut borrowingMarket skepticism over budget credibility and…
UK to slash pensions perk, hitting high earners hardest
Item 1 of 3 British Chancellor of the Exchequer Rachel Reeves poses with the red budget box outside…
UK watchdog’s early budget release steals Reeves’ thunder, stirs markets frenzy
OBR published fiscal and economic report earlyError sparks mockery and anger in parliamentMarkets swung on OBR newsLONDON, Nov…
US dollar weakens as data backs Fed rate cut view; yen watch continues
Rate-cut wagers rise after dovish comments from policymakersDollar wobbles but holds ground on shifting expectationsUS retail sales miss…
China pitches closer ties to Germany in strategic industries to ease rare earth strains
Item 1 of 2 China’s Premier Li Qiang arrives for the second day of the G20 Leaders’ Summit…
China’s Li urges fair investor treatment in Italy
Item 1 of 2 Cars are stuck in traffic on an elevated highway as buildings are reflected on…
Markets dip, investors worry about Fed and megacap tech
NEW YORK, Nov 14 (Reuters) – Wall Street’s main indexes pared losses after being weighed down by technology…
Stocks slammed on dashed hopes of imminent Fed rate cut
Following global sell-off, Wall Street opens lowerInvestors see Fed rate cut next month as a toss-upUS Treasury yields…
UK’s Reeves abandons plans to raise income tax rates, roiling markets
Reeves needs to find billions of pounds at November 26 budgetRecent comments suggested a looming income tax hikeReeves…
Oil climbs 2% as Russian port suspends oil exports after Ukrainian attack
Brent, WTI jump 2% following attacks and suspended exportsPort of Novorossiysk halted oil exports on FridayUkraine attack damages…