Tory tax break for banks has cost UK public purse £6bn, says TUC
The Trades Union Congress claims that tax cuts for banks introduced in 2023 have cost the UK government £6bn in lost revenue, calling for higher bank taxes in the upcoming budget.
How AI is redefining Wall Street jobs — and boosting demand for this new ‘hottest skill’ by 1,721%
Wall Street banks are rapidly expanding AI-related job postings, with demand for agent orchestration skills surging 1,721% this year as financial institutions move beyond chatbots to deploy specialized AI agents across business operations.
Chick-fil-A wants to stay a family business even as it expands in the U.S. and abroad
CEO Andrew Cathy affirms Chick-fil-A’s commitment to remaining family-owned while expanding globally, with locations now spanning Singapore to Canada despite industry-wide restaurant sector challenges.
GM says hybrid vehicles are coming: ‘We’re not tone deaf to our customers’
General Motors plans to introduce hybrid vehicles into its U.S. lineup as hybrid sales surge and all-electric vehicle demand softens amid rising gas prices.
Ex-Barclays traders jailed for rigging interest rates have convictions quashed
Five former Barclays traders convicted of rigging interest rates have had their convictions overturned by London’s court of appeal, following similar acquittals for traders at other banks.
Badenoch’s inheritance tax gambit makes no economic sense | Heather Stewart
Kemi Badenoch’s inheritance tax proposal would cost £6bn in foregone revenue while primarily benefiting the wealthiest households, economists argue it could harm economic growth by discouraging property sales in high-demand areas.