Legal powerhouse Weil Gotshal set to liquidate after 95 years

Weil has seen an exodus of partners across the US and London in recent months, including former corporate co-managing partner Michael Hickey and private equity co-head Christopher Machera, who left the firm for US…

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Budget 2026: Healey hikes taxes on banks and landlords to fund £100 handouts to 20m households

In his first budget, the chancellor blamed "global economic storms" for the grim outlook, as the war in Iran drives up oil and gas prices. But he also faced criticism for failing to squeeze more money from profitable…

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What we now know about the UK economy in four charts

Soaring energy prices are set to dent growth in the short term, push up inflation and leave living standards in a "grim" place, according to the latest official forecast from the Office for Budget Responsibility (OBR).…

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What the Budget offers for under 25s - and what it leaves out

Here is how the Budget could affect you if you are under-25. Minimum wage rise If you are an 18-to-20 year-old earning the minimum wage, your pay will go up by 3.9% from next April. However, the increase may be lower…

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Healey provides some breathing space but things still set to get worse for most

It was abundantly clear that the financial fallout from that conflict in the Middle East has hampered the finances of households and businesses – and the government's ability to help. While the government targeted those…

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Fed holds interest rates steady in last decision before midterms

Two out of 12 board members voted against the pause, preferring to raise rates by a quarter point this meeting, the Fed board said in a statement. Last month, Fed officials raised rates for the first time since 2023…

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Official Statistics: UK trade in goods by business characteristics 2025

Official statistics announcement UK trade in goods by business characteristics 2025 UK overseas trade statistics (OTS) trade in goods data has been linked with the Office for National Statistics (ONS) business…

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Budget 2026: what it means for your wallet, your mortgage and your pay

He earns £28,500, out of which he pays £3,186 in income tax and £1,274 in national insurance (NI) contributions a year. This results in take-home pay of £2,003 a month or £24,040 a year. Despite an outcry, the salary…

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Tax thresholds remain unchanged - here's what it means for your pay

But after that they are expected to start to rise again with inflation. John Healey may not have mentioned the end of this policy in his Budget speech - after all, it is still some way off - but according to the…

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Stamp Duty Land Tax relief for land or property transactions

Get emails about this page Print this page Contents Overview First-Time Buyers' Relief Stamp Duty Land Tax relief for multiple dwellings Building company buys an individual's home Employer buys an employee's home…

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