Britain’s beleaguered new prime minister weathered a protest during her set-piece annual speech to deliver an uncompromising message.
Tag: Taxation
How the U.K. Finance Minister Came to Ignore Finance Experts
Kwasi Kwarteng, the chancellor of the Exchequer, faces widespread anger over the tax cuts he and Liz Truss have pushed, but their history of dismissing the economic establishment goes back years.
Britain’s Gamble on Tax Cuts has Economists Warning of Past Mistakes
Liz Truss, Britain’s new prime minister, defended her plan in the face of stiff criticism from the International Monetary Fund and others.
On Portugal’s ‘Bitcoin Beach,’ Crypto Optimism Still Reigns
In crypto havens such as Meia Praia beach, the confidence in digital currencies remains undimmed even after this summer’s crash.
U.K. Government Goes Full Tilt on Tax Cuts and Free-Market Economics
The new administration’s plans are a break from the Boris Johnson era and represent a turn toward Thatcherism. The negative reaction from financial markets underscored the extent of the gamble.
Rivals Vying to Replace Johnson Are Diverse in Background, Not in Plans
The Conservatives running to be Britain’s prime minister include women and people of non-European descent, but they sound a lot alike: They like Brexit and want to cut taxes.
California Shows Why Fossil Fuels Are So Hard to Quit
Dozens of state and local budgets depend heavily on tax revenue from oil, gas and coal to fund schools, hospitals and more. Replacing that money is turning out to be a major challenge in the fight against climate change.
A Global Tax Deal Is at Hand. Here’s How It Would Work.
President Biden will sign on to an international pact aimed at ending profit-shifting by large companies. Here’s a look at what it means.
A Global Tax Deal Is at Hand. Here’s How It Would Work.
President Biden will sign on to an international pact aimed at ending profit-shifting by large companies. Here’s a look at what it means.
Labour Leader, Keir Starmer, Struggles to Emerge From Boris Johnson’s Shadow
Competent but low on charisma, Keir Starmer has yet to give British voters a clear reason to support the main opposition party, critics say.