BBC/Malcolm Prior Tractors rolled into Oxford as environment secretary Steve Reed launched a ‘new deal’ for farmers Protesting farmers angry at inheritance tax changes have tried to disrupt a minister’s speech outlining the government’s vision of a “new deal” for UK agriculture. About 40 tractors rolled into the streets of Oxford city centre blaring their…
The Canadian Chamber of Commerce is calling on the federal government to restore clarity to the upcoming tax filing season by pre-emptively nixing its proposed changes to capital gains taxes. Those measures, which would see the taxable portion of capital gains rise to two-thirds from half in some circumstances, are currently in limbo and at…
Melania Trump has sparked comments about the outfit she wore to attend the 39th US President Jimmy Carter’s funeral today. Multiple accounts had the same suggestion as to what she resembled at the event, sitting next to her husband, President-elect Donald Trump, and former President Barack Obama. President Carter died aged 100 on December 29,…
Reuters Prime Minister Sir Keir Starmer has insisted new sanctions on smuggling networks are a “really important step” to stopping illegal migration into the UK. Speaking to the BBC, Sir Keir said using counter-terrorism tactics like freezing smugglers’ bank accounts will allow the UK to “break” their business model. Under the plans announced this week,…
The threat of economically damaging tariffs on Canadian goods is looming larger as U.S. president-elect Donald Trump’s inauguration draws closer — and there is little Canada can do to fight back against the tools at Trump’s disposal. Although Congress typically oversees tariff and tax policy, Trump has broad executive authority to impose tariffs for national…
The chancellor is under pressure because financial market moves have pushed up the cost of government borrowing, putting Rachel Reeves’ economic plans in peril. So what’s going on, and should we be worried? What is a bond? UK Treasury bonds, known as gilts because they used to literally have gold edges, are the mechanism by…
Carter’s is the fifth official national funeral service for a president that has been held in the National Cathedral, following Presidents Dwight Eisenhower, Ronald Reagan, Gerald Ford, George H.W. Bush, the Very Rev. Randolph Hollerith, the dean of the National Cathedral, told reporters Wednesday. But “every funeral itself, whether it’s presidential or otherwise, is completely…
An intervention by the chancellor to help shore up flagging financial market confidence in the UK economy has been ruled out by the government, amid further declines in the value of the pound. Sterling fell to its lowest level against the dollar since November 2023 early on Thursday, building on recent losses. A toxic cocktail…
Labour has been blasted after allegedly suggesting that using the term “grooming gangs” is racist against Muslims. The party included the term in its “definition and examples” of Islamophobia that it adopted following a 2018 report, reports The Times. The document, drawn up by an all-party parliamentary group (APPG) of MPs headed up by now…
Foreign secretary David Lammy has played down US president-elect Donald Trump’s threats to acquire Greenland. The Arctic territory is controlled by Denmark but is also home to a US military base and also has oil drilling and mineral mining potential. Trump has refused to rule out using military or economic force to take over the…
