A peculiar quirk of the tax system made headlines this week as new HMRC estimates show that for the first time, two million people are set to be hit by the 60% tax trap in the next fiscal year.
The tax trap, where high earners are taxed at a marginal rate of 60% has been widely criticised – but do you know how much you have to earn to pay this rate?
Meanwhile, in the US, president Donald Trump has turned his attention to domestic economic policy following his gambit of seizing Venezuelan President Nicolas Maduro last week.
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Trump launched a Department of Justice probe into a very senior economic figure, setting off yet another surge in the price of gold – but who was it?
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Taiwan Semiconductor shares jump on AI outlookTSMC, Nvidia’s key supplier, has beaten on earnings and poured cold water on talk of an AI bubble
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Zoopla: Number of homes on sale at eight-year peak – but demand lagging behind 2025The average number of homes listed for sale per estate agent at the start of the year breached 30, property portal Zoopla said
