Without changing some of the big taxes, welfare and pensions, they (Labour) can't commit to things like Northern Powerhouse Rail, small modular nuclear reactors (SMRs), and various other things that will make an investment and growth difference.
Although supporters of the reform argue that removing the exemption is essential for combating fraud and improving data quality on the Companies House register, critics in the business community reveal that such changes would impose extensive additional costs and regulatory burdens on smaller firms.
"The echoes of Truss in 2022 are unmistakable. Back then, it was a reckless mini-budget that shattered market confidence. This time, it's a government lurching from one policy retreat to another, raising serious doubts about fiscal control and political authority."
The vote came after House minority leader Hakeem Jeffries (D-N.Y.) broke the record for longest House speech in history at 8 hours and 44 minutes, charging the legislation with disproportionately benefiting the wealthy and adding trillions to the federal deficit.
The ruling ordered Argentina to give up its 51% controlling stake in YPF as partial compensation for seizing shares from former investors during the nationalization.
As markets reach new all-time highs-even with economic surprises at an 11-month low and geopolitical and tariff-related uncertainties lingering-equity investors appear to have entered another 'bad news is good news' phase.
The rush to break down internal barriers to trade comes in response to U.S. President Donald Trump's tariff war with Canada. Internal trade hurdles cost the economy about $200 billion yearly.
The economy was moving along fine before the election. Now, with tariffs, instability in the markets, continued loss of due process, and the situation in Ukraine and the Middle East slowly getting worse...
The past two decades have illustrated a tragic irony where, despite the lessons learned from the HIPC Initiative, many African nations are sinking deeper into debt.
Under the new rules, the New Zealand government has greatly simplified the pathway for wealthy foreigners to gain residency, attracting significant interest, especially from US investors.
"The other big thing that we worry about is the fact that foreign private investors may not be adding to Treasury securities and may likely be stepping back from the market as well," said Meghan Swiber, a managing director and U.S. rates strategist at Bank of America.
"Housing should be treated as essential infrastructure, critical for economic stability and public health, similar to transportation or other public projects."