politics

Millions of Brits set to pay more in stealthy taxes despite cuts, study finds

British Prime Minster Liz Truss’ government has committed to freezing the threshold on the tax-free personal allowance until 2025-26, essentially pushing more workers into a higher tax bracket over time. Jacob King | Pa Images | Getty Images LONDON – Millions of UK workers are set to pay more in “stealthy” taxes over the coming …

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Give Truss time to take on the Anti-Growth Coalition

Liz Truss’s first Tory conference speech as Prime Minister contained most of the elements one might have expected and hoped for. She was focused on growth. She emphasized the importance of delivery and of “Getting Britain Moving”. She acknowledged the considerable challenges our economy faces at present but she declared herself undeterred in seeking to …

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There is no doubt this was an expensive intervention, but doing nothing was not an option

Cast your mind back just four weeks ago. We had daily warnings of extreme energy prices to come. Corner shops to factories predicting carnage. Business groups fearing mass unemployment. Entire livelihoods were on the line. Make no mistake, this was a very real prospect for our country. No government with any conscience would ever let …

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With help from forward-thinking companies, organizations are harnessing e-sports as a platform for safe recreation and personal growth | Family & Parenting | Spokane | The Pacific Northwest Inlander

   Jonathan Hill illustration” class=”uk-display-block uk-position-relative uk-visible-toggle”> Jonathan Hill illustration When large parts of the world went virtual for work, socialization and education in spring 2020, recreation followed a similar trajectory. Despite mounting supply shortages of consumer electronics, console and PC-based gaming still saw a massive uptick as people of all ages looked to fill …

With help from forward-thinking companies, organizations are harnessing e-sports as a platform for safe recreation and personal growth | Family & Parenting | Spokane | The Pacific Northwest Inlander Read More »

Erdogan says Turkey will keep cutting interest rates, mocks British pound

Turkish President Tayyip Erdogan addresses members of his ruling AK Party (AKP) during a meeting at the parliament in Ankara, Turkey May 18, 2022. Murat Cetinmuhurdar / Presidential Press Office / Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES. MANDATORY CREDIT Murat Cetinmuhurdar | Reuters Turkey will …

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Africa: A Natural Climate Change Priority for Africa

Nature-based solutions can protect African nations’ shared natural endowment and meet the needs of their people. Africa’s principal climate change negotiators have long understood the important contribution of ‘nature-based solutions’ (NBS) in delivering land (and sea) based options as part of the goals of the Paris Agreement. Limiting temperature rises to only 1.5 ° C …

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Liz Truss must hold her nerve as the world tips into a calamitous recession

For the past 25 years, and especially since the financial crisis, the global economy has taken a disastrous wrong turn for which we are about to pay a hideous price. In one of the gravest intellectual errors since communism, many of the world’s cleverest people thought they had discovered the secret to perpetual prosperity. Forget …

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Larry Summers blasts UK’s ‘utterly irresponsible’ fiscal policy

Larry Summers Cameron Costa | CNBC LONDON – Former US Treasury Secretary Larry Summers on Tuesday warned that the UK has lost sovereign credibility after the new government’s fiscal policy sent markets into a tailspin. The British pound hit an all-time low against the dollar in the early hours of Monday morning, before recovering slightly …

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