IMF damns PM’s plan to make rich get richer and the poor get poorer
The International Monetary Fund (IMF) has issued a damning judgment on the tax plan presented by the new British government on Friday. The UN monetary Cooperation Organization says…
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In IT, Innovation and Startups
ICO wants to fine TikTok for violating children’s privacy-update
UK regulator ICO plans to fine video platform TikTok 27 million pounds. According to the watchdog, TikTok is not doing enough to ensure the privacy of children. Among…
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Kwasi Kwarteng and the pile of unorthodox decisions
Kwasi Kwarteng, the new finance minister in the UK, wants to reduce taxes in his country by 45 billion pounds. The aim is to boost purchasing power and…
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Liz Truss is like Margaret Thatcher – in a peculiar way
The pound has fallen further after suffering a severe blow last week, and is now at a level against the dollar that the British last saw when Margaret…
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Brits invest in crypto and even use it in their daily life
From a report of voucher codes on September 23, data was shared about the spending/investments that British residents make in the crypto industry. Through this report, it has…
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Glasgow Financial Alliance for Net Zero banks are rebelling against ineffective rules
Several major US banks are threatening to leave an alliance led by United Nations climate envoy Mark Carney. There are concerns about legal risks, business newspaper Financial Times…
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Biggest tax cut in 50 years should pull UK economy out of slump
The British finance minister Kwasi Kwarteng presented his new plans on Friday. Most tax cuts benefit corporations and wealthy Brits. Their investments, according to the new Conservative government,…
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