Saturday, 13 December, 2025
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Parliament

Billionaire tax won’t stop innovation in EU, insists economist Zucman

A minimum tax on the EU’s richest individuals will not discourage innovators and start-up founders from investing in the bloc, prominent economist Gabriel Zucman told POLITICO. “Innovation does not depend on just a tiny number of wealthy individuals paying zero tax,” Zucman said in an

Britain moves to combat Chinese overcapacity amid Trump’s trade war

LONDON — The British government is working to give its trade chief new powers to move faster in imposing higher tariffs on imports, as it faces pressure from Brussels and Washington to

EU closes deal to slash green rules in major win for von der Leyen’s deregulation drive

BRUSSELS — More than 80 percent of Europe’s companies will be freed from environmental-reporting obligations after EU institutions reached a deal on a proposal to cut green rules on Monday.   The deal is a major legislative victory for

Europe’s populist right hails Trump team’s EU bashing

Europe’s far-right firebrands are rushing to hitch their fortunes to Washington’s new crusade against Brussels. Senior U.S. government officials, including Vice President JD Vance and Secretary of State Marco Rubio, have launched

How Labour slashed overseas aid — and got away with it

LONDON — In February Britain’s cash-strapped Labour government cut international development spending — and barely anyone made a noise. The center-left party announced it would slice the country’s spending on aid down
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