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A group of 120 millionaires, including Gary Lineker and Brian Eno, have written to Prime Minister Andy Burnham urging him to impose higher taxes on the wealthy to fund public investment and reduce inequality.
England will implement a £2 cap on most single bus fares starting in January 2027, potentially saving frequent commuters up to £500 annually, though rural areas and train commuters express mixed responses.
The Bank of England has maintained UK interest rates at 3.75%, with rate cuts unlikely due to inflationary pressures from global geopolitical tensions affecting energy costs.
The Senate Commerce Committee advanced bipartisan legislation Wednesday to restrict Chinese automakers from the U.S. market, though the bill could unintentionally bar Mercedes-Benz due to Chinese ownership stakes.
Oil prices exceeded $95 per barrel for the first time in six weeks as escalating Middle East conflict and threats to shipping routes through strategic straits intensified supply concerns.
Aston Martin secures £550m in loans to strengthen finances amid recent losses and job cuts affecting hundreds of employees.