UK scraps corporation tax hike, lifts cap on bankers’ bonuses

UK scraps corporation tax hike, lifts cap on bankers’ bonuses

LONDON: The UK government on Friday scrapped a rise in corporation tax and lifted the cap on bankers’ bonuses in a controversial bid to boost the faltering economy. Head of Finance Quasi Kwarteng made the announcement at Parliament as he presented a “mini-budget” to lawmakers. The UK government is expected to release an emergency budget … Read more

THIS is what helped Queen Elizabeth II stay active at 96

THIS is what helped Queen Elizabeth II stay active at 96

“All my life, be it short or long, shall be devoted to your service. Queen Elizabeth II, then Princess Elizabeth, had said it on her 21st birthday in 1947 on the radio – a promise to Britain and the Commonwealth of Nations which she kept until her death on September 8, 2022. She was 96. … Read more

In King’s speech, Charles thanks “Dear Mom” ​​and vows a life of service

In King’s speech, Charles thanks “Dear Mom” ​​and vows a life of service

LONDON: King Charles III, who recently acceded to the British throne, expressed “deep sadness” on Friday at the death of his mother, Queen Elizabeth II, in his inaugural address as monarch. “We owe her the sincerest debt any family could owe their mother for her love, guidance, understanding and example,” he said of his mother … Read more

Queen Elizabeth’s last hours as a family fell on her deathbed

Queen Elizabeth’s last hours as a family fell on her deathbed

LONDON: It began with a brief but disturbing statement. Less than 48 hours after a frail but smiling Queen Elizabeth II was pictured appointing a new prime minister Liz Trussher doctors said they were “worried”. An unprecedented medical report released by Buckingham Palace said the 96-year-old queen was under “medical supervision” but “remained comfortable” at … Read more