News
UK Inheritance Tax Revenues Hit £2.2 Billion Amid Soaring Property Prices and Frozen Thresholds
HM Revenue and Customs (HMRC) collected £2.2 billion in inheritance tax (IHT) in the first quarter of the 2024–25 tax…
British Business Bank Returns to Profit with £144m Gain Amid Expanded Growth Mandate
The British Business Bank has reported a pre-tax profit of £144 million, marking a strong financial rebound after two years…
UK Company Insolvencies Fall in June, but Experts Warn of Renewed Risks Ahead
The number of UK companies entering insolvency fell sharply in June, offering businesses a temporary reprieve amid ongoing economic uncertainty.…
US Senate Approves Trump’s $9 Billion Spending Cuts, Slashing Foreign Aid and Public Broadcasting
The US Senate has narrowly approved President Donald Trump's controversial proposal to cut $9 billion in federal spending, targeting foreign…
UK Scraps Green Taxonomy Plan Amid Concerns Over Effectiveness and Implementation
The UK government has officially abandoned plans to implement a green taxonomy — a central component of its sustainable finance…
MPs Slam HMRC Over Lack of Data on Billionaire Tax Contributions
The UK’s tax authority has come under fire from Parliament for failing to track how many billionaires are paying tax…
