Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. A global minimum tax on billionaires raising up to $250 billion annually is “technically feasible” and could be successfully enforced even if it were not adopted by every country, a report commissioned by the G20 … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. A top Federal Reserve official has backed more rate hikes if inflation remains at current levels. He says immigration and aggressive fiscal stimulus are likely to cause U.S. prices to rise faster than in other … Read more
Drivers continue to be plagued by expensive petrol and diesel prices, with pundits bombarding major retailers and supermarkets with rising prices as Britain is distracted by the general election. Figures from the RAC show motorists are getting “an extremely bad deal” every time they fill up, with petrol currently costing an average of 146.238p per … Read more
Significant pay rises for London’s youngest lawyers at elite firms have been criticized by rivals and clients as “insane” and unsustainable, as an improving economic outlook and a spike in dealmaking reignite the city’s war for talent. British ‘magic circle’ firms Freshfields Bruckhaus Deringer, Linklaters, Clifford Chance and A&O Shearman have increased the salaries of … Read more
Image source, Getty Images June 7, 2024 Updated 5 hours ago Labor has promised to overhaul the business rates system to revitalize the High Street if elected at the UK general election. The party did not specify what will replace the current business rates system, but said reforms would level the playing field for high … Read more
Labor has promised to overhaul the business rates system to revitalize the High Street if elected at the UK general election. The party did not specify what will replace the current business rates system, but said reforms would level the playing field for high street businesses against online rivals. The party has first presented a … Read more
New ‘constellations’ above Earth, made from defunct satellites and old rocket parts, have been identified to draw attention to the ever-growing problem of space debris. The project is called Space Trash Signs and is the result of a collaboration between space sustainability company Privateer, German design agency Moby Digg, visual artist Frank Gräfe and communications … Read more