Lucy White

5 days ago | news.bloomberglaw.com | Philip Aldrick |Lucy White

Nigel Farage said his Reform UK Party would “bring back” wealthy foreigners who have left Britain by giving them a full exemption from taxes on their overseas assets in return for a once-a-decade fee that would fund cash payments to low-income workers. At a London press conference Monday, Farage indicated he was particularly targeting those who have have moved to Italy, which has a similar policy and just increased the fee that it charges in return for granting so-called non-domiciled status.

1 week ago | news.bloombergtax.com | Lucy White |Ellen Milligan

The UK does not need to push out British Steel’s Chinese owners in order to cut a deal to reduce US tariffs on steel, Prime Minister Keir Starmer said.

1 week ago | news.bloomberglaw.com | Lucy White |Ellen Milligan

The UK does not need to push out British Steel’s Chinese owners in order to cut a deal to reduce US tariffs on steel, Prime Minister Keir Starmer said.

4 weeks ago | news.bloomberglaw.com | Lucy White |William Selway

The chair of Reform UK dismissed concerns that its plans to cut taxes and increase welfare benefits would rattle the bond market, casting the moves as part of a broader plan to “modernize the economy and get it growing again.”In interviews with Bloomberg TV and radio on Friday, Zia Yusuf said the costs would be covered by the reduced spending that would come from scrapping the net-zero emissions target, eliminating housing for asylum seekers, and broader budget cuts.