20 h. ago French Socialists threaten to topple government over wealth tax

Olivier Faure gives prime minister ultimatum to increase taxes on country’s wealthiest or face no-confidence vote

Politics

3 d. ago Here comes my Budget... and you're not going to like it! Rachel Reeves braces Brits for more tax misery as she blames Brexit

Rachel Reeves admitted the economy is 'not working as it should' and she does not 'like' the situation as government borrowing hit a new post-Covid high.

Economics

3 d. ago Rachel Reeves tells business leaders Brexit is to blame for UK economic woe as fears mount over Budget raids on 'wealth' and pensions after borrowing hits new high

The Chancellor admitted the economy is 'not working as it should' as government borrowing hit a new high, but denied it was 'broken'.

Economics

3 d. ago Fears mount over Budget raids on 'wealth' and pensions after government borrowing hits new high

Public sector net borrowing was £20.2billion last month, £1.6billion higher than the same period a year earlier.

Economics

4 d. ago More woe for Reeves as government borrowing hits new September record outside of Covid with MPs clamouring for 'wealth taxes' at Budget

Public sector net borrowing was £20.2billion last month, £1.6billion higher than the same period a year earlier.

Economics

9 d. ago French Socialist party to fight for wealth tax as it seeks to capitalise on crisis

Party has promised to stand back as weakened prime minister prepares for crucial no-confidence voteThe French Socialist party says it will fight to introduce a flagship wealth tax to raise revenue by targeting France’s richest people, as the divided parliament prepares to begin debating next year’s budget.Boris Vallaud, the head of the Socialist party grouping in parliament, said on Wednesday that taxing very high-wealth individuals in France was “one of our principal battles and we’re going to put all our energy into it”. Continue reading...

Economics

1 week ago French prime minister proposes suspending controversial retirement age law until 2027 election

French Prime Minister Sebastien Lecornu plans to suspend a controversial retirement age increase from 62 to 64

Politics

1 week ago Lecornu addresses French parliament in bid to win over Socialists – Europe live

PM will be hoping to win over enough Socialists to stave off losing a no-confidence vote that would deepen France’s political crisisThe Kremlin said on Tuesday it welcomed US president Donald Trump’s desire to focus on the search for a peace deal to end the fighting in Ukraine after achieving a ceasefire in Gaza and hoped he would be able to push Kyiv towards a settlement.Addressing the Israeli Knesset a day earlier after brokering a deal between Israel and Hamas, Trump spoke of wanting to get a deal done with Iran over its nuclear programme, but said he would turn his attention to trying to end the war in Ukraine first.We are already well acquainted with Mr Witkoff; he is effective, has proven his effectiveness now in the Middle East, and we hope that his talents will continue to contribute to the work already under way in Ukraine.The Russian side remains open and ready for peaceful dialogue, and we hope that the influence of the United States and the diplomatic skills of President...

Politics