Capital gains tax receipts fall after big cuts in allowances
Revenue falls 18 per cent in 2023-24 to £12.1bn as the UK’s efforts to increase revenues from the levy backfire
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Trump brings war against the Fed to Powell’s home turf
Current and former officials view the US president’s widening assault on the central bank with alarm
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How to live in a G minus one world
As America disengages, other countries are having to work together to find solutions to global problems
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Satya Nadella on the ‘enigma of success’ in the age of AI: A thriving business, but 15,000+ layoffs
Microsoft is spending $80 billion on AI initiatives in 2025, and CEO Satya Nadella says headcount is “relatively unchanged” even despite mass layoffs.
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Trump risks market revolt if he threatens Fed independence, Pimco says
Warning from $2.1tn fund manager comes as US president publicly quarrels with central bank chief Jay Powell