California’s proposed billionaire tax: what you need to know
Plan to levy 5% tax on California billionaires championed by progressives – but state’s super rich are forcefully opposed
FCA & Rules
Apple raises iPad and MacBook prices, blaming cost of chips amid AI boom
Apple raised iPad and MacBook prices on Thursday, saying it could no longer shield customers from soaring memory and storage chip costs driven by the AI industry’s data center buildout.
Crown estate makes more than £1bn profit for third year running
King Charles’s property management firm rakes in £1.2bn as it continues to benefit from offshore windfarm boom
King Charles’s tax bill: what did we learn, and what is still in the dark?
We know the monarch paid £24.6m in tax over the last two years, but we still don’t know how wealthy he actually is
Robert Jenrick says questions about £5m donation to Farage are legitimate
Reform MP appears to contradict party leader’s claim money from crypto billionaire is ‘none of your business’
Can a $290m film studio on a former cow paddock lure Hollywood to Perth?
Australia is drawing record levels of international screen production – and Western Australia is betting millions that Perth Film Studios can bring some of it west
City of Paris achieves partial victory over TotalEnergies in climate risks case
French capital hails ‘landmark decision’ against oil firm relating to disclosure of emissions from oil and gas products
Key Fed inflation gauge rises to three-year high in May after gas prices peaked
Consumer prices rose 4.1% in May from a year earlier – a sign rising costs could pose problem for Trump in midterms
US supreme court rules in favor of former Monsanto company in pesticide case
Justices rule that federal law blocks state cases over label warnings on Roundup by people alleging it caused illness
Unison chief endorses Ed Miliband for chancellor in a Burnham government
Exclusive: Head of trade union backs energy secretary to replace Rachel Reeves, but two other big unions are opposed
Oil price falls to pre-Iran war levels as more tankers exit strait of Hormuz
Oil prices have fallen to pre-Iran war levels as more oil tankers exited the strait of Hormuz.
Tell us: are you trying to buy or sell a flat in the UK?
We’d like to hear from people in the UK about their experiences of trying to buy or sell a flat in recent months. Have there been any issues?
UK to halve tariff-free steel imports to counter glut of cheap Chinese metal
The UK government will halve the amount of tariff-free steel imports allowed in an attempt to counter a global oversupply of cheap Chinese metal and boost its beleaguered local industry.
Make pension tax relief only available to savers prepared to invest in UK, Andy Haldane says
Pension tax relief worth more than £50bn should only be offered to savers who are prepared to invest in Britain, according to Andy Haldane, the president of the British Chambers of Commerce.
Shaping the future of the credit market – the road ahead
Speech by Alison Walters, director of consumer finance at the Credit Week: Powering the Future of Finance event.
CACEIS UK censured and to pay £31.7m to WealthTek clients for weak financial crime controls
CACEIS UK, an asset servicing bank, has been censured by the FCA and will make a £31.7m voluntary payment to WealthTek clients for failing to act on information that left clients exposed to the risk o…
EasyJet opens talks with Castlelake after rejecting £4.9bn takeover offer
British carrier says it hopes to receive ‘more attractive proposal that better reflects’ its value
The great tinification: how Britain fell in love with canned cocktails
Forty years since Marks & Spencer started selling cans of gin and tonic, every supermarket and corner shop is full of ready-mixed mojitos, margaritas and negronis. Why are these so acceptable, given t…
Elizabeth Warren says ‘frenzy’ of mergers under Trump could be reversed
Senator warns of ‘tsunami of anger’ against big companies and suggests future administrations may undo key deals
Ryanair adopts ‘free of charge’ family seating policy after watchdog investigation
Chief executive claims CMA has forced airline to adopt ‘less transparent and less consumer-friendly’ approach
Piero Cipollone: Central bank money for the digital era
Insight EU provides delayed access to the content table of its specialized monitoring emails. For real-time updates and full monitoring services, consider subscribing to one of the annual plans availa…
Datacentres are growing target of global climate-related legal cases, report finds
LSE analysis highlights litigation linked to energy sources, water consumption and air pollution
Isabel Schnabel: Interview with Die Zeit
There is now a ceasefire in the Middle East, and oil prices have fallen. What does this mean for the economy in Europe, and in Germany in particular?
’It can flip quickly from being idyllic’: the reality of life for young van dwellers priced out of Cornwall’s housing market
With tourists buying up property and landlords opting for lucrative Airbnb rentals, young Cornish people are turning to old campervans to provide a roof over their heads