The Labour government reckons it can raise an extra 5 billion pounds a year by tackling domestic tax avoidance. Photo: Pexels 6 min read Last Updated : Jul 19 2024 | 12:34 PM IST For ultra-wealthy entrepreneur Bassim Haidar, living in London has become an expensive indulgence he can no longer justify. While...
Tag: Britain PM
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New UK PM Starmer offers strong support for Ukraine at Nato summit
Newly elected British Prime Minister Keir Starmer is making his maiden appearance on the international stage. (Photo: Reuters) 5 min read Last Updated : Jul 11 2024 | 7:06 AM IST Newly elected British Prime Minister Keir Starmer is making his maiden appearance on the international stage with a strong signal of support for...
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Rise in Britain’s jobless rate muddies PM Sunak’s message to voters
Sunak, whose pitch to voters rests on the idea that the economy is improving under his management, can at least point to a robust increase in wages. Photo: Reuters 3 min read Last Updated : Jun 11 2024 | 2:17 PM IST Britain’s labour market showed more signs of cooling in April as the...
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UK polls: Britain’s rich race to save their wealth from election hit
Wealthy people in the UK, from foreign billionaires to City of London bankers, are rushing to shelter their money after Prime Minister Rishi Sunak surprised the country by calling a summer election. Some are cashing in investments, paying off bills that may soon rise or leaving the UK entirely, according to interviews...
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Over 100 business leaders back UK’s opposition Labour Party before polls
3 min read Last Updated : May 28 2024 | 10:58 PM IST More than 100 business leaders have given their support to Britain’s opposition Labour Party before a July 4 election, saying the country needs to end the instability and stagnation that has dogged the economy. Rishi Sunak’s governing Conservatives have...