Image copyright Getty Images The US has restricted American firms from selling parts to a Chinese company over national security concerns. The US Commerce Department said there was a “significant risk” that Fujian Jinhua could get involved in activities that may hurt US national security. The move is the latest escalation in the Trump administration’s …
Media playback is unsupported on your device Media captionPhilip Hammond: “This is virtually the only announcement in this Budget that hasn’t leaked.” Owners will no longer pay business rates on public toilets, the chancellor has said. Philip Hammond revealed the policy in his Budget speech, joking it was virtually the only announcement that had not …
Image copyright PA More help for first-time buyers and plans to create more homes on the High Street have been announced in the Budget. Most first-time buyers of shared ownership properties will now no longer pay stamp duty, under the measures unveiled. Chancellor Philip Hammond said Britain’s housing market needs to be fixed, adding it …
Image copyright Getty Images A long-running case over the status of Uber drivers will be heard in the Court of Appeal on Tuesday and Wednesday. The taxi-hailing app is contesting an employment tribunal finding that drivers should be treated as workers rather than self-employed. If classified as workers, Uber drivers are entitled to paid holiday …
Image copyright Getty Images Image caption Can algorithms really predict where new crimes will take place? The new crime-fighting weapon of choice for a growing number of police forces around the world isn’t a gun, a taser or pepper spray – it’s data. But can computer algorithms really help reduce crime? Imagine a gang of …
Linda Liukas wants to show children that writing code for computers can be magical. Source by [author_name]
Image copyright Getty Images Chancellor Philip Hammond has used the Budget to ease the government spending squeeze as he declared that austerity was “finally coming to an end”. Against a backdrop of stronger tax receipts, Mr Hammond said borrowing this year would be £11.6bn lower than projected in March, at £25.5bn. Borrowing is expected to …
Image copyright PA Image caption The money will also go on Dreadnought – the UK’s nuclear deterrent submarine programme The chancellor has pledged an extra £1bn, between now and the end of next year, to boost the UK’s defences. In his Budget speech, Philip Hammond said the plan was to modernise key areas such as …
Image copyright Getty Images US stock markets tumbled in the final hours of trading amid signs that US-China tensions are reigniting. The technology-heavy Nasdaq led the falls, down 1.6% to end at 7,050.29. The Dow Jones slid 1% to 24,442.9, while the S&P 500 fell about 0.7% to 7,050.29. The losses accelerated following a report …
Technology giants will be forced to pay tax on the sales they generate in the UK, under new plans announced in the Budget. Chancellor Philip Hammond plans to introduce a digital services tax from April 2020 following a consultation. He said “established tech giants” will be targeted rather than start-ups. Companies such as Amazon and …