MoneyWeek

The tax cut that would do most good

ith the unfortunate exception of Rishi Sunak, who is boxed in by his record as chancellor, every candidate to take over from Boris Johnson as prime minister is promising spectacular cuts in tax. It is a little hard to work out what they have all been doing for the last couple of years while taxes were being raised to peacetime records, given how much they dislike them. But still, cynicism aside,

You’re reading a preview, subscribe to read more.

More from MoneyWeek

MoneyWeek1 min read
Auctions
Going… John Lennon’s “lost” Framus 12-string “Hootenanny” acoustic guitar is expected to set a new world price record for a Beatles guitar when it appears at Julien’s Auctions’ two-day sale in New York from 29 May. Lennon played the instrument on the
MoneyWeek2 min readIntelligence (AI) & Semantics
Meta’s AI Splurge Rattles Investors
Meta Platforms has suffered its second-worst daily loss in market value on record. Part of the reason for last week’s 15% slide was that while Meta eclipsed forecasts for first-quarter profits and sales, its outlook for the second quarter disappointe
MoneyWeek3 min readWorld
Peak Peking?
The American Senate passed the $95bn “foreign aid” package funding Ukraine, Israel and Taiwan last week and sent the legislation to president Joe Biden’s desk. There was a time when “foreign aid” meant help to poor people in poor countries. Now it is

Related Books & Audiobooks