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Tax - Page 5

Rachel Reeves has been prudent. Now she needs a purpose

LONDON — When Rachel Reeves was Britain’s shadow chancellor she liked to repeat an anecdote during interviews. The Labour frontbencher would often quote the advice she received from the party’s longest-ever serving chancellor, Gordon Brown. “Prudence is really important Rachel, but
30/05/2025

Commission in late-night haggling over €1.717 trillion EU budget plan

BRUSSELS ― The European Commission is zeroing in on a proposal for a centralized budget of €1.717 trillion for the seven-year period from 2028, as arguments over the final number went to the

Labour MPs challenge UK fiscal watchdog after welfare debacle

LONDON — Tight spending constraints have been causing Keir Starmer’s government all manner of headaches. Now his own troops want a scaling back of the official forecaster they believe holds too much

Victory for Trump as EU backs down on digital taxes in next budget

BRUSSELS ― The European Commission has dropped plans to levy a tax on digital companies, a move that hands victory to Donald Trump and U.S. tech giants like Apple and Meta. With the
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