31 h. ago Trade Secretary refuses to rule out cutting digital tax as US tariffs loom

The Liberal Democrats have urged the Government not to cut or scrap the digital services tax to ‘appease’ Donald Trump.

Economics

3 d. ago Chancellor faces ‘tough balancing act’ if tax on big tech firms is scrapped

One expert has said the perception of lowering taxes on big businesses while making government spending cuts would likely face criticism.

Economics

4 d. ago Starmer urged not to appease Trump with tax cut for US tech giants

Prime minister warned not to ‘rob disabled people to appease Musk and Trump’

Politics

5 d. ago Starmer is warned against ‘appeasing’ Trump with tax cut for US tech firms

Labour MP and Lib Dem leader express concern social media companies could be let off hook just as benefits are cutKeir Starmer has been warned against “appeasing” Donald Trump as he considers reducing a major tax for US tech companies while cutting disability benefits and public sector jobs.His chancellor, Rachel Reeves, confirmed on Sunday that there were “ongoing” discussions about the UK’s £1bn-a-year digital services tax that affects companies from Meta to Amazon. Continue reading...

Events

7 d. ago US tech firm creating more than 100 jobs in Wales in joint venture project

The jobs boost comes as the Welsh Government confirms the date and venue for its first ever international investment sumimit

Politics

8 d. ago Financial administrator whose boss asked if her 'Botox affected her brain' wins £5,000 sex harassment payout

Renata Metling was working at tech firm Knight IT Group in Wokingham, Berkshire, when managing director Stuart Kenny made the jibe in an attempt she believed to make her feel 'stupid'.

Economics

1 week ago Trump’s tariffs will be paid by the poor – while his tax cuts help the rich | Robert Reich

The math doesn’t work in the president’s economic promises, which will create a giant upward transfer of wealthDonald Trump apparently believes his tariffs will bring so much money to the US treasury that the US will be able to afford another giant Trump tax cut.But Trump’s tariffs – and the retaliatory tariffs already being imposed on American exports by the nation’s trading partners – will be paid largely by the American working class and poor.Robert Reich, a former US secretary of labor, is a professor of public policy emeritus at the University of California, Berkeley. He is a Guardian US columnist. His newsletter is at robertreich.substack.com Continue reading...

Politics

2 w. ago ChatGPT firm reveals AI model that is ‘good at creative writing’

As tech firms battle creative industries over copyright, OpenAI chief Sam Altman says he was ‘really struck’ by product’s outputThe company behind ChatGPT has revealed it has developed an artificial intelligence model that is “good at creative writing”, as the tech sector continues its tussle with the creative industries over copyright.The chief executive of OpenAI, Sam Altman, said the unnamed model was the first time he had been “really struck” by the written output of one of the startup’s products. Continue reading...

Politics

3 w. ago Nothing takes aim at Samsung and Apple with a surprisingly cheap new phone

Tech firm Nothing is back with a new phone that's taking aim at Apple and Samsung's new cheaper call makers.

Technology

last month EU reveals plans to hit climate goals by helping dirty industries clean up

European Commission recommits to 90% emissions cut by 2040, and will support steel and cement in transitionThe EU executive has insisted it will stay the course on its climate goals, while setting out plans to help Europe’s most polluting industries reach the green transition and watering down environmental reporting demands on companies.Publishing its “clean industrial deal” on Wednesday, the European Commission said it had a plan to help polluting industries, such as steel and cement, make the switch to the net zero emissions future, as well as boosting clean tech companies, such as firms making electric vehicle charging points. Continue reading...

Events

last month Republican budget blueprint to fund Trump’s agenda narrowly passes House

Vote passes 217-215 in win for president as Democrats assail proposal over planned cuts to social safety-net programsRepublicans unified behind a budget blueprint, a major step toward delivering Donald Trump’s sprawling tax-cut and immigration agenda over unanimous opposition from Democrats – and deep concerns that it would slash social safety net programs – to advance Trump’s 2025 agenda.The vote on passage was 217-215, with one Republican voting in opposition and no Democrats supporting the controversial measure. One Democrat did not vote. Continue reading...

Politics