UK inheritance tax captures record £6.7bn in 2022-23

State reaps increased revenue from the 40 per cent duty on inherited assets even before chancellor’s latest changes take hold
US tariffs on EU wine and spirits set at 15% from August 1, Brussels says

Bloc members including France and Italy are pushing for an exemption as negotiations continue
Forcing pension funds to buy UK stocks is ‘unnecessary’, says LSEG chief

David Schwimmer calls for tax benefits to encourage domestic investment in public markets
The best case for Starmer’s ill-starred Palestine gambit

The diplomatic objectives of recognising a Palestinian state are even less likely to succeed than the domestic political ones
Microsoft’s software rules harming cloud competitors, CMA says

Watchdog finds UK cloud market ‘not working well’ and recommends conduct requirements for Big Tech companies
UK transport secretary to meet air traffic boss after outage grounds flights

Heidi Alexander says she wants ‘to understand what happened’ during this week’s disruption