Truss forced to change taxes after week of market turmoil

Truss defended the policy, and markets were concerned about the cost Kwarteng now says it was a distraction A bend made with ‘humility and remorse’ – Kwarteng The reduction in the highest tax rate was a small part of the overall plan Lawmakers have expressed concern about the government’s ruling BIRMINGHAM, England (Reuters) – British … Read more

Britain’s Emerging Markets Crisis – Politico

Timothy Ash is Associate Fellow in the Russia and Eurasia Program at Chatham House and Senior Sovereign Strategist at Bluebay Asset Management. For just one minute, imagine a country that has suffered from years of political instability. It has seen four prime ministers in just six years and three general elections over the past seven … Read more

Why you should spread your retirement savings across multiple accounts. Here why | personal financing

(Adam Levy) There are a variety of accounts available to most investors to save for retirement. You can choose the traditional 401(k), IRA, or Roth versions of those accounts, or stick with a regular taxable brokerage account. You can even use a tax-free HSA to save for retirement. If you are planning for the long … Read more