Money Moves

In recent weeks, China has showcased its military strength through a significant parade and meetings with allies Russia and North Korea, where President Xi Jinping emphasized resilience against international pressure. This display draws parallels to Cold War-era tactics, yet it also reflects China’s extensive influence in global economics and renewable energy advancements, raising questions about […]

South West Water is facing legal action related to a parasite that contaminated the water supply in parts of Devon last summer, resulting in illness among many residents. More than 140 individuals experienced symptoms associated with the parasite, including diarrhea, stomach pain, and vomiting, with four cases requiring hospitalization. Following the outbreak, around 16,000 households

The national wealth tax, known as the formuesskatt, has become a focal point in Norway’s upcoming general election. As the country gears up for voting on Monday, the debate around whether to maintain, reduce, or eliminate this tax is intensifying, regardless of which party emerges victorious. The tax currently generates around 32 billion kroner (£2.4

Roman Abramovich, the former owner of Chelsea Football Club, is currently under investigation for alleged corruption and money laundering in relation to the origins of his wealth, as announced by authorities in Jersey. This information surfaced following a ruling from the federal court in Switzerland, which authorized the release of documents regarding various Swiss bank

In recent developments, Chancellor Rachel Reeves prepares to present her second Budget on November 26. This week has been marked by significant government instability, including resignations and market fluctuations, which may influence the upcoming Budget. Reeves’s position appears secure, as demonstrated by her attendance at an event in Birmingham, despite speculations surrounding other cabinet members.

Postal traffic into the United States has decreased by over 80% following the termination of a tariff exemption for low-cost imports by the Trump administration. This information was reported by the United Nations postal agency, the Universal Postal Union (UPU). On August 29, 2025, the U.S. implemented new rules that assign the responsibility of customs

Keir Starmer has implemented a significant reshuffle of junior ministers within the Labour government, which has raised concerns regarding the future of the party’s workers’ rights agenda. This reshuffle appears to distance the government from union allies, particularly with the departure of key figures involved in shaping Labour’s employment rights initiatives. Shabana Mahmood, who has

Sharon Graham, general secretary of Unite, the UK’s largest private sector union, has raised concerns over Labour leader Keir Starmer’s strategy, suggesting it may inadvertently strengthen support for Nigel Farage and his party, Reform UK. She criticized the government’s decision to reduce support for oil and gas workers and to dilute plans aimed at enhancing

Rachel Reeves, the UK Chancellor, is facing pressure to address the country’s significant spending gap. One potential avenue for closing this gap involves re-evaluating tax reliefs associated with pension savings, which currently amount to over £50 billion. A considerable portion of this relief benefits wealthier individuals, particularly baby boomers and higher-paid Generation X, who may

South Korea’s President, Lee Jae Myung, has committed to making “all-out efforts” to address the recent arrest of several hundred South Korean citizens by U.S. Immigration and Customs Enforcement (ICE) during a raid at a factory under construction in Atlanta, Georgia. This factory is intended to produce car batteries. The incident raises questions about the