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Wealth tax criticized by billionaires and Gavin Newsom would levy a one-time 5% tax on residents worth over $1bnA popular proposal in California to impose a wealth tax on billionaires has gained enough signatures to qualify for the ballot in November, …
War’s impact on UK cost of living more muted than first forecast suggesting fuel price rises have failed to spill out more widely across UK plcUK inflation stays at 2.8% as slowing food prices offset transport costsBusiness live – latest updatesAs soon…
Flatlining figure confounds forecasts of an increase to 3% as Bank of England prepares to set interest ratesUK inflation unexpectedly remained at 2.8% last month as higher transport and fuel costs were offset by slower food price rises, official figure…
Professor alleges Institute of Astronomy has a ‘bad history of misogyny’ and staff were mistreatedThe University of Cambridge’s prestigious Institute of Astronomy has been accused of tolerating misogyny and a “cycle of bullying” in an employment tribun…
Federal Reserve to make first decision under Kevin Warsh as Middle East hopes ease inflation pressuresBusiness live – latest updatesCentral banks in the US and UK are expected to leave interest rates on hold this week as the peace deal in the Middle Ea…
Change in viewing habits offered by match times at 2026 tournament could mean using cheaper off-peak powerWatching late-night or early hours football could provide UK households with a practical opportunity to cut their energy bills, as even just doing…
Consumer sentiment still remains at historically low levels amid Iran war and rising inflation, new survey showsEasing gas prices are making Americans feel better about their personal finances and the economy in June, but consumer sentiment remains at …
High street bank to buy UK business from US fintech company Acorns as it targets young peopleBusiness live – latest updatesBarclays is to buy an app designed to help children understand and manage their money, as it targets young people in affluent fam…
Analysis pinpoints areas most vulnerable to hotter, drier weather causing ground to shrink and drag foundations downMillions of homes are at risk from climate-related subsidence, according toan analysis by the British Geological Survey (BGS).As hotter,…
Lucy Rigby says heavily subsidised system gives the government the right to alter terms of existing agreementsMinisters have rejected accusations that recent changes to student loans are unfair, arguing that they are so heavily subsidised that the gove…