The anatomy of a bank tax: what can the UK learn from Europe? Banking With days to go until John Healey delivers a Budget expected to target banks with a cash raid, Samuel Norman looks at the UK bank tax framework and other experiments across Europe. For years City lobbyists managed to bat away demands for a bank tax hike. As Chancellor, despite delivering two tax-heavy Budgets, Rachel Reeves [...]
‘Nothing is straightforward’: Market analysts warn of US-Iran deal complications Markets Top market analysts warned on Monday that “nothing is straight forward” as euphoria spread across European equities after a confirmed peace deal between the US and Iran. Stock markets opened in the green as investors returned to a risk-on mentality after Pakistan announced an agreement between the two nations and Donald Trump declared the oil [...]
European President set to face yet another no-confidence vote Politics The President of the European Commission, Ursula von der Leyen, is back in Strasbourg to defend herself against a no-confidence motion, just months after her last one. On Monday evening, two motions of no confidence against the President will be debated at the European Parliament, as von der Leyen is set to defend herself against [...]