All news on the topic: Economy
596
UK government brings British Steel into public ownership
British Steel has been taken into public ownership in what the government said was a bid to "protect UK steelmaking".
511
Millionaires draw up exit plans as Miliband eyes capital gains tax overhaul
Wealthy Britons are preparing to leave the country if Ed Miliband becomes chancellor and launches a new tax raid on the rich, The Telegraph can reveal.
540
Blair think tank urges Andy Burnham to ditch wealth tax plans amid growth fears
Tony Blair’s think-tank has sounded a stark warning to Andy Burnham against crushing investment with ’wealth taxes’.
763
Inside Trump’s furious White House: infighting, sackings and a battle for succession
Standing on stage at the Great American State Fair, the carnival of July 4 celebrations held on the National Mall in Washington, Donald Trump declared that the United States was back.
615
City warns Andy Burnham to reveal tax plans or risk choking off investment
Andy Burnham will stifle investment unless he sets out his tax plans and names a chancellor, the City has warned.
522
Andy Burnham faces shrinking budget cushion as he prepares to take power
Given pressures on the public purse, the Makerfield MP may have to look at autumn tax rises to fund his ‘new direction’.
807
America’s richest family dynasties now control a record $1.9 trillion
As America’s 250th anniversary approaches, Forbes is celebrating our own version of founding fathers (and mothers): the entrepreneurs behind what have become the largest family fortunes in the country.
651
Andy Burnham to unveil "No 10 North" as he promises biggest devolution shake-up in modern Britain
Andy Burnham will set out plans for a ’No10 in the North’ in a speech outlining his vision to unleash what has been billed as the biggest shift of power away from London in modern history.
462
Keir Starmer focuses on cost of living as he prepares to hand over power to Burnham
Sir Keir Starmer has signalled he is squarely focused on tackling the cost of living and remaining professional, despite turmoil at the top of Government.
556
Burnham eyes capital gains tax hike on shares and second homes to fund sweeping reforms
Andy Burnham is considering a tax hike on the sale of shares and second homes as part of a radical new economic agenda, it has emerged.
776
Tory leader targets PM and Chancellor over claims she was “getting ready for a selfie” with Burnham
Kemi Badenoch has criticized the outgoing Prime Minister and questioned whether he felt disappointed by his Chancellor, who was "too busy preparing for a selfie" with Andy Burnham.
653
Venezuela faces record $240bn debt as historic restructuring begins
Venezuela is set to reveal a $240bn debt pile, much higher than previously thought, as the country embarks on the biggest sovereign restructuring in history following the US removal of Nicolás Maduro.
503
UK to unveil defence plan before NATO summit despite Starmer resignation
The long-awaited defense investment plan will be published ahead of next month’s NATO summit, Downing Street has said, despite Sir Keir Starmer’s resignation as prime minister.
711
Andy Burnham faces immigration, economy and defence crises as PM race ends
Andy Burnham is set to become the next Prime Minister within weeks – and will immediately be confronted with a daunting intray of problems facing the country.
681
Majority say Brexit failed as 42% report financial decline
Majority of respondents view Brexit negatively, with 59% describing it as a failure compared with 17% who consider it a success.
607
Starmer’s broken promises force early exit from No.10 amid public frustration
Despite promising to lead a different kind of government, Keir Starmer’s failure to deliver change has led to his early exit from No.10, writes Hannah White
505
Pentagon seeks $80bn for Iran war as Trump pushes record $1.5tn defense budget
The Pentagon has told senators it needs roughly $80 billion, mostly to cover the cost of the U.S. war against Iran, adding to what is already a sizable military spending boost being sought by President Donald Trump.
515
Nick Clegg predicts UK could rejoin EU by 2036 as Brexit debate reignites
The UK will have rejoined – or be on the path to rejoining – the European Union by 2036, former Deputy Prime Minister Nick Clegg said on the tenth anniversary of the referendum.
494
Markets on edge as Starmer quits and leadership race sparks fresh UK economic uncertainty
Investors and business leaders are again navigating the kind of uncertainty that has dominated British politics since the Brexit vote a decade ago, after Prime Minister Keir Starmer resigned on Monday and threw open a leadership contest that will centre on any successor’s plans for the economy.
557
Former Labour deputy leader Roy Hattersley dies aged 93
Roy Hattersley, former deputy leader of the Labour party from 1983 to 1992, has died aged 93.
733
Hungary’s new government targets Orban oligarchs with radical wealth tax plan
In a dimly lit television studio, one of Hungary’s richest men is on the verge of tears. It is early May, weeks after the general election that ended Viktor Orbán’s 16-year grip on power, and the advertising mogul Balásy Gyula has an announcement to make.
683
Leadership crisis dominates headlines as Starmer’s government rolls out major policy overhaul
Amid the headlines focused on Keir Starmer’s struggle for his political survival, many may have overlooked the flurry of policy announcements his Government has made over the past few weeks.
640
Irish households hit by "hidden datacentre tax" adding hundreds to energy bills, report warns
Energy demand by datacentres in Ireland has added hundreds of euros to household electricity bills in a pattern that could be replicated across Europe, according to a report.
673
Lithuania fears Russian spy operation after 600,000 state records stolen
Lithuania’s Prosecutor General’s Office reports that unknown individuals copied 600,000 records from the Register Centre’s database.
679
“Calamity coming”: Reeves trapped as borrowing surges and growth stalls
The Chancellor has left the nation completely unprepared for the unfolding disaster.
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