The chancellor cannot rule out more tax rises in the next five years, despite raising the burden to its highest level since comparable records began. Speaking to Sky News following Labour’s first fiscal event since 2010, Rachel Reeves said it would be “irresponsible” to promise there will not be further tax rises. However, she suggested…
PA Media HS2 construction at Euston was paused after funding for the link was put in doubt The government is “committing the funding required” to begin tunnelling work to bring HS2 to London Euston station, Chancellor Rachel Reeves has announced. Ms Reeves said in her Budget speech this would encourage private investment in the area….
YouTube announced an expansion of its AI-generated video summaries feature alongside several platform updates. AI Summary Expansion AI-generated summaries, previously tested on select English-language videos, will now reach a broader global audience. According to YouTube’s official announcement: “These video summaries use generative AI to create a short basic summary of a YouTube video which provides…
By Oliver Price, Data Journalist Published: 14:27 GMT, 30 October 2024 | Updated: 16:46 GMT, 30 October 2024 MailOnline has created an interactive calculator to help you work out what Rachel Reeves’s £40billion tax bomb Budget means for you. Whether it’s a stealth levy in the form of frozen tax bands, changes to your winter…
Getty Images The government’s official forecaster has said it was not told by the Treasury about “large pressures” on public spending at the time of the March Budget. A review by the independent Office for Budget Responsibility (OBR) said the then Conserative spending measures totalling £9.5bn were not shared with it, giving a false insight…
In Ukraine, where war feels omnipresent, music is helping lift spirits and raise money for the military. Source link
Welcome to Fox News’ Artificial Intelligence newsletter with the latest AI technology advancements. IN TODAY’S NEWSLETTER: – Elon Musk wants people to submit their medical scans to Grok, his AI chatbot – Would you buy art from the world’s first humanoid robot artist? – Robert Downey Jr. won’t let AI recreate his likeness in Hollywood…
Getty Images The UK’s economy will grow slightly faster than expected this year and next, but the pace will ease towards the end of the parliament, according to the government’s official forecaster. Chancellor Rachel Reeves said the Office for Budget Responsibility (OBR) predicted the economy would grow by 1.1% this year and 2% in 2025….
The viral olive oil-infused drinks that Starbucks introduced last year are on their way out as the company’s new CEO begins to revamp the coffee giant to turn around lagging sales. The “Oleato” drinks will be removed from the menu in the U.S. and Canada early in November, Bloomberg News reported. Bloomberg reported that Niccol,…
At the moment, buyers of homes worth less than £250,000 don’t pay stamp duty. This was doubled from £125,000 under Liz Truss’s mini-Budget in September 2022. The threshold is £425,000 for those buying their first property. This was raised from £300,000 as part of the mini-Budget. These higher thresholds will end in March 2025, when…
