6 h. ago Chaos in Canary Islands as tourism tax plans take new step but there's one issue

As support for a tourist tax in the saturated Canary Islands continues to build momentum, it remains unclear how the revenue generated (predicted to exceed £200 million per year) will be spent

Events

40 h. ago Nearly 40% of contracts canceled by Doge are expected to produce no savings – live

Almost 40% of federal contracts canceled as part of Doge’s cost-cutting efforts aren’t expected to save government any money, Trump administration’s own data showsIt’s coming down to the wire for beleaguered House speaker Mike Johnson, who is trying to rally GOP holdouts behind his budget plan for enacting Donald Trump’s agenda before the showdown vote this evening.Amid Republican opposition threatening to derail his bill, Johnson was up late last night locked in talks with holdouts from across his party who remain skeptical of his outline plan for tax and spending cuts - as well as border security, energy and defense policy - via a single reconciliation bill. Continue reading...

Politics

62 h. ago The tiny paradise island seeking a different type of tourist

The island nation in Micronesia is famous its spectacular diving – but Nicole Evatt discovers there are also plenty of treasures to be uncovered on land

Society

65 h. ago Eight per cent Council Tax rise plan for East Ayrshire residents

Toilet closures, school meal increases and job cuts have also been proposed.

Politics

2 d. ago B&M slashes profit forecast amid ‘uncertain’ economy as CEO plans to retire

Chief executive Alex Russo said he will step down in April as the retailer issued a profit warning for the current financial year.

Economics

5 d. ago Cardiff council plans to hike council tax and increase the cost of parking permits

As part of its proposed budget for 2025-26 Cardiff council also plans to spend money in a number of areas like schools and social care

Economics

5 d. ago The tiny paradise island desperate for a different type of tourist

The tiny island nation in Micronesia, is famous for Rock Islands and spectacular diving

Society

6 d. ago IRS layoffs could hurt revenue collection and foil efforts to go after rich tax dodgers, experts say

Experts say the layoffs of roughly 7,000 IRS probationary workers likely mean the end of the agency’s plans to go after high-wealth tax dodgers and could spell disaster for revenue collections

Politics

6 d. ago The Pacific paradise that’s desperate for a different type of tourist

The tiny island nation in Micronesia, is famous for Rock Islands and spectacular diving

Society

6 d. ago Trump official calls Social Security ‘wrong’ as administration lays groundwork for massive cuts

The president and his allies are justifying cuts on allegations of ‘waste’ to pay for his tax plan

Politics

6 d. ago Airline boss backs calls for limits on tourism in the Canary Islands

He warned that the Spanish islands are a "product that need to be protected"

Society

7 d. ago Will YOU change your pension plans ahead of the inheritance tax grab?

Pensions are going to become liable for inheritance tax like other assets such as property, savings and investments starting in April 2027.

Economics

7 d. ago Trump defense chief orders Pentagon to make cuts as IRS workers face mass layoffs – live

Pete Hegseth orders leaders to develop plans to enact strict cuts while tax agency reportedly to lay off thousandsAs Donald Trump’s administration continues to fire thousands of federal workers and radically slash federal spending, some Republicans are growing unnerved, Axios reports.As the cuts start to hit GOP lawmakers’ districts and states, some have told Axios there is a larger conflict brewing over the constitutional issue of whether the president can bypass Congress on such decisions.I think you’re going to see a clash when they start abolishing [agencies]. Say like USAid, right? We authorized that. That’s a creature of Congress. If they try to do something like that, then you’re going to get into a constitutional argument or crisis.Before making cuts rashly, the administration should be studying and staffing to see what the consequences are. Measure twice before cutting. They have had to backtrack multiple times.We all want efficiencies, there is a way to do it, and the way ...

Politics

7 d. ago Trump defense chief reportedly orders Pentagon to make cuts as IRS faces mass layoffs – live

Pete Hegseth orders leaders to develop plans to enact strict cuts while tax agency reportedly to lay off thousandsAs Donald Trump’s administration continues to fire thousands of federal workers and radically slash federal spending, some Republicans are growing unnerved, Axios reports.As the cuts start to hit GOP lawmakers’ districts and states, some have told Axios there is a larger conflict brewing over the constitutional issue of whether the president can bypass Congress on such decisions.I think you’re going to see a clash when they start abolishing [agencies]. Say like USAid, right? We authorized that. That’s a creature of Congress. If they try to do something like that, then you’re going to get into a constitutional argument or crisis.Before making cuts rashly, the administration should be studying and staffing to see what the consequences are. Measure twice before cutting. They have had to backtrack multiple times.We all want efficiencies, there is a way to do it, and the way ...

Politics

7 d. ago Elon Musk weighs $5k ‘dividends’ for Americans with DOGE savings he has yet to prove

Musk is already hinting at sharing Doge savings while nation is still massively in debt with Republicans planning a huge tax cut

Economics

8 d. ago Elon Musk weighs $5,000 DOGE ‘dividend’ for Americans with savings he has yet to prove

Musk is already hinting at sharing Doge savings while nation is still massively in debt with Republicans planning a huge tax cut

Economics

8 d. ago Council backs down on big car park charges and public toilet closures

But a council tax rise of 9.75% is still planned

Politics

9 d. ago Santorini waits as earthquake swarm leaves island tourism on shaky ground

Schools on the islands are entering their third week of closure

Events

9 d. ago Brits face jobs nightmare: A THIRD of firms hit by Labour's Budget tax raid plan layoffs or hiring curbs as business confidence slumps

A closely-watched survey has found a quarter of businesses expect to make redundancies - the highest level in a decade outside the pandemic.

Economics