24 h. 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

41 h. ago UK looks at ways to soften impact of its digital tax on US tech groups

Washington has told London it must change the levy to win carve-out from reciprocal tariffs

Politics

47 h. ago Starmer and Trump spoke about progress on economic deal on Sunday – No 10

The Prime Minister spoke with the US President about the agreement on Sunday night amid media reports a tax on tech giants could be cut.

Economics

51 h. 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

61 h. ago Trump tariffs hang over Reeves’ plan to repair UK public finances

Chancellor takes axe to Whitehall jobs as government faces pressure from US over tech tax

Politics

65 h. 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

2 d. ago Davey warns against scrapping tax on tech companies to ‘appease’ Trump

Ambassador to the US Lord Mandelson told the Financial Times that the ‘tax itself is under discussion’.

Events

3 d. ago Rachel Reeves fails to rule tax changes for US tech giants to avoid Donald Trump tariffs

Chancellor Rachel Reeves and UK minister are desperately seeking to strike a deal with the White House to carve the UK out of the Donald Trump's plan to impose tariffs on all US imports

Politics

3 d. ago Rachel Reeves fails to rule out tax changes for US tech giants to avoid Donald Trump tariffs

Chancellor Rachel Reeves and UK minister are desperately seeking to strike a deal with the White House to carve the UK out of the Donald Trump's plan to impose tariffs on all US imports

Politics

3 d. ago Reeves orders £2bn Whitehall cuts to help repair public finances

Chancellor’s civil service efficiency drive comes as government faces pressure from Trump administration over tech tax

Economics

3 d. ago Rachel Reeves ‘confident’ the UK can avoid Donald Trump’s tariffs

Labour chancellor did not rule out reforming tax on tech companies, like those owned by US President’s ‘first buddy’ Elon Musk

Politics