From Rachel Reeves planning her next tax raid, to Nvidia becoming bigger than Germany. Here’s what stood out from the last 7 days.
TOP HEADLINE
Here’s a stat that should worry you: nearly one in five wealthy Brits aged 55+ have no idea their pension pots are about to get slapped with inheritance tax. And more than half? They know something’s changing but couldn’t tell you what.
MORE NEWS
UK retail sales just posted their strongest performance since 2022, and it caught pretty much everyone off guard.
The UK’s got a growth problem. And Labour’s betting big that AI and deregulation can fix it.
The Chancellor is bracing for a £20bn productivity downgrade from the Office for Budget Responsibility (OBR)—news that couldn’t come at a worse time.
Rachel Reeves just gave international investors a heads-up: brace for tax hikes and spending cuts.
FEATURED CRYPTO NEWS
Over 1,000 crypto advocates packed into East London’s E1 club last Wednesday, and they had one message: the UK needs to move faster on stablecoin regulation, or risk becoming a footnote in the global digital asset race.
QUESTION OF THE WEEK
FEATURED BUSINESS NEWS
The AI chip giant smashed through the $5 trillion market cap barrier this week, making it more valuable than the world’s fourth-largest economy. Shares jumped 3.5% in premarket trading as investors doubled down on artificial intelligence despite lingering concerns about an AI bubble. With a $500 billion chip order and seven new supercomputers for the US Department of Energy, Nvidia’s showing no signs of slowing down.
MORE BUSINESS UPDATES
MARKETS NEWS
Last week’s top story
Last week, the world’s biggest tech giants—Microsoft, Meta, Alphabet, Amazon, and Apple—reported their quarterly earnings. The results could either launch Wall Street into the stratosphere or finally burst what critics are calling the AI bubble.
FURTHER MARKET UPDATES
THAT’S ALL FOLKS
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