16 h. ago Rachel Reeves pulls out of London Stock Exchange event as Donald Trump's tariff threats send markets tumbling... after Chancellor had been due to hail 'new golden age' for City

The Chancellor cancelled her appearance at an event celebrating the recent record performance of the FTSE100 after Donald Trump sparked a fresh crisis.

Politics

19 h. ago Rachel Reeves pulls out of London Stock Exchange event after new Trump tariff threat

Markets down on Monday after threat to impose up to 25% tariffs on eight European countries over GreenlandBusiness live – latest updatesGold and silver hit record highs as markets reelRachel Reeves has pulled out of a planned appearance at the London Stock Exchange to celebrate a “new golden age” for the City, after Donald Trump’s threat to implement tariffs until the US is allowed to buy Greenland.The chancellor’s withdrawal from the event, which was designed to be a celebration of business in the UK after the FTSE 100 rose above the 10,000 mark for the first time, came as markets opened down on Monday morning after the US president’s threat. Continue reading...

Politics

28 h. ago UK chancellor hails ‘golden age’ for City after easing tax and regulation

Rule changes for share and bond listings in London come into force on Monday

Politics

28 h. ago Rachel Reeves hails ‘golden age’ for City of London after easing of listing rules

Rachel Reeves hails ‘golden age’ for City of London after easing of listing rules  Financial Times

Politics

2 w. ago FTSE 100 smashing through 10,000 mark hailed by Rachel Reeves as vote of confidence in UK economy

The optimistic news came as Labour is hoping for economic growth ahead of crunch local elections in May

Politics

2 w. ago Uber rewrites contracts with drivers to avoid paying UK’s new ‘taxi tax’

Hailing app will now act as agent rather than supplier outside London, avoiding VAT requirement, although change is not permitted in LondonUber has swerved paying millions of pounds to the UK exchequer under Rachel Reeves’s new “taxi tax” after the ride-hailing app rewrote contracts with its drivers.The move came as rules announced in November’s budget took effect, which adjusted how VAT is payable on minicab fares and would have resulted in the whole Uber fare becoming subject to the 20% sales tax. Continue reading...

Economics