Chancellor Rachel Reeves is preparing a £2bn tax raid on retirement savings by limiting salary sacrifice pension schemes. The move would cap tax-free contributions at £2,000 annually, affecting both employees and employers. High earners could face significantly higher national insurance costs under
Denmark is following Australia’s lead with one of the world’s strictest social media bans for children. The move targets platforms like TikTok and Instagram, but enforcement remains the big question. Here’s what this means for parents, tech giants, and the future of online safety.
A new analysis from Senator Elizabeth Warren’s office reveals the staggering scale of corporate tax breaks under Trump’s “Big Beautiful Bill.” The tax savings for tech giants could’ve funded food assistance for millions of Americans facing benefit cuts.
Senators Josh Hawley and Mark Warner have introduced bipartisan legislation requiring large companies to report AI’s impact on jobs. The bill aims to replace speculation with concrete data about layoffs and workforce changes. Companies would need to submit quarterly updates on how AI technologies ar
The COP climate summit process faces constant criticism, but it’s actually one of the most successful examples of multilateralism ever. From heading toward 4°C warming to now tracking 2.3-2.5°C, the progress is real despite the messy negotiations.
Canada is making a bold play for international research talent with $1.7 billion in new funding. The budget specifically targets US-based scientists while cutting research council funding by just 2% instead of feared 15% cuts. Universities are calling it a decisive step for Canada’s research future.
President Trump has re-nominated billionaire Jared Isaacman to lead NASA, five months after pulling his initial nomination. Isaacman has since donated over $1 million to pro-Trump organizations and could oversee a diminished space agency facing budget cuts.
Norway’s parliament has temporarily suspended ethical divestment rules for its massive sovereign wealth fund. The move allows continued investment in tech giants like Microsoft and Amazon that might otherwise face exclusion over Gaza war links. This marks a significant shift for the world’s largest
Starting December 10, Australian teens under 16 won’t be able to access Reddit or Kick under new social media restrictions. The eSafety Commissioner is requiring platforms to implement age verification themselves or face fines up to 49.5 million Australian dollars. This represents a major expansion
Companies worldwide are scrambling as Trump’s tariffs push US import duties to their highest levels since before WWII. The uncertainty is causing investment chaos and forcing companies like Apple and Pfizer into special deals to avoid massive new costs.
