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From Bets to Budgets: Breaking down the role of taxes in the UK Gambling Industry

Gambling has long been a fixture of British life, from local high streets to online platforms that let punters place a bet from their sofa. In her second budget as chancellor, Rachel Reeves announced major changes to gambling taxes that will affect both online and high-street operators. Remote gaming duty will nearly double from 21% to 40%, a move the industry has called a “devastating hammer blow” that threatens jobs and risks pushing players offshore....

8 Upskilling Moves SMEs Should Budget For in 2026

For small and medium-sized businesses (SMEs), equipping employees with the latest skills and tools needs to be a priority. After all, as the competition grows, SMEs can’t afford to be idle. And it’s not always possible for new hires or seasoned employees to know exactly what industry demands will look like. That’s why SMEs must budget for upskilling within their workforces. Upskilling doesn’t have to be a major cost, either. With some training courses or...

Trump appears at White House briefing one year after inauguration

President Donald Trump made a special appearance Tuesday at the White House press briefing on the one-year anniversary of his second term’s start. The president highlighted crime and fraud in Minnesota at the top of his remarks. Trump was inaugurated one year ago today for his second term as president. The last time he appeared at a White House press briefing was on June 27, 2025.   ‘We have a book that I’m not going...

Top EU official warns Trump’s tariff threat over Greenland pushback is ‘a mistake’

The European Union’s top official did not hold back in her warnings about President Donald Trump’s threat to impose fresh tariffs on countries opposing his push for the U.S. to acquire Greenland, a semiautonomous Danish territory. European Commission President Ursula von der Leyen called Trump’s threats ‘a mistake’ and questioned U.S. trustworthiness, saying that the EU-U.S. trade deal from July had to ‘mean something.’ ‘Arctic security can only be achieved together. This is why the...

Democrat senator accuses Trump of ‘declaring war’ on Minnesota with Insurrection Act threat

Sen. Tina Smith, D-Minn., warned that President Donald Trump’s growing threats against her home state, including possibly invoking a rarely used, centuries-old executive authority, were tantamount to a declaration of war. Last week, Trump threatened to invoke the Insurrection Act in Minnesota as Immigration and Customs Enforcement (ICE) agents continue to clash with agitators in Minneapolis. ‘The president’s statements today essentially amount to threats of declaring war on Minnesota,’ Smith said. ‘And in a time...

Supreme Court keeps nation waiting on Trump tariff decision, releases 3 lower-profile opinions

The U.S. Supreme Court left unresolved Tuesday a high-stakes challenge to President Donald Trump’s use of an emergency law to impose sweeping tariffs, prolonging uncertainty over a case closely watched by the White House and global markets. The high court released three lower-profile opinions: Berk v. Choy, Ellingburg v. United States and Coney Island Auto Parts Unlimited, Inc. v. Burton. All three rulings were unanimous, with separate concurring opinions filed in two of the cases....

5 Accounting Tasks Most Small Businesses Should Probably Outsource Offshore

Running a small or medium-sized business is tough enough without getting buried in spreadsheets every month. A lot of us owners and managers end up wearing too many hats, sales, customer stuff, operations, and then accounting piles on top. Those routine financial tasks eat up hours, and honestly, one slip-up can cause big headaches like tax penalties or cash flow surprises. I’ve talked to plenty of other business folks who’ve found a better way: handing...

DOGE era overhaul: GSA touts $60B in savings as Trump shrinks gov’t footprint: ‘Results speak for themselves’

One year into President Donald Trump’s second term, the federal agency responsible for managing government buildings, contracts and technology says it has delivered tens of billions of dollars in savings for taxpayers. The U.S. General Services Administration (GSA) announced on Tuesday that it has driven more than $60 billion in federal contract savings since January 2025, as part of the agency’s push to shrink the federal real estate footprint in the era of DOGE, cutting...

Trump seeks Davos signing ceremony for Gaza Board of Peace

Plans are being put together at President Donald Trump’s direction to hold a signing ceremony in Davos, Switzerland, for the Gaza Board of Peace, Fox News confirmed on Tuesday. Bloomberg was first to report the plans. The Trump administration began sending invitations to countries over the weekend, asking them to become founding members of the so-called Board of Peace. ‘Dozens’ of countries have been invited to join the board, Fox News confirmed. The official invites...

NORAD aircraft to arrive in Greenland for routine exercises

North American Aerospace Defense Command (NORAD) aircraft are headed to Pituffik Space Base, Greenland, for ‘long-planned’ activities, as President Donald Trump continues his controversial push for the U.S. to acquire the island. The NORAD aircraft at Pituffik Space Base, along with aircraft operating from bases in the U.S. and Canada, will support the planned efforts, ‘building on the enduring defense cooperation between the United States and Canada, as well as the Kingdom of Denmark,’ NORAD...