Russia fines Google $20 Decillion – more than all the money in the world – in escalating sanctions dispute
A Russian court has handed Google an astronomical $20 decillion fine—an amount that vastly exceeds the total money supply in the world—after the tech giant blocked accounts belonging to several pro-Kremlin TV channels on YouTube. The case, which has captured global
Rachel Reeves first Labour Budget in 14 years in detail
Rachel Reeves announces the first Labour budget in 14 years, and the first to be delivered by a female Chancellor.Refresh this page as we follow live: Britain voted for change, she says. The government has a mandate to restore stability and
Reeves pushes Bank of England to prioritise climate change alongside economic growth
Rachel Reeves is expected to make climate change a core priority for the Bank of England in her first Budget as Chancellor, calling on Governor Andrew Bailey to give environmental concerns the same weight as economic growth. This shift, conveyed in
Investors pull £300m from UK stocks amid inheritance tax fears
Rachel Reeves’s anticipated inheritance tax (IHT) changes have sparked a sharp sell-off in UK stocks, with investors withdrawing nearly £300m from funds invested in small UK companies last month, according to Morningstar Direct. This represents a significant increase from the £80m
UK minimum wage to rise to £12.21 in 2025
The UK’s minimum wage will rise to £12.21 an hour for over-21s in April 2025, marking a 6.7 per cent increase from the current £11.44, the Chancellor has announced ahead of the Budget. This move, affecting over three million workers, aligns