UK unveils significant tax rises in budget after ‘shambolic’ forecast leak
UK chancellor announces 26.1bn pounds ($34.4bn) in tax hikes amid furore over embarrassing leak of forecast data.

UK chancellor announces 26.1bn pounds ($34.4bn) in tax hikes amid furore over embarrassing leak of forecast data.

![No reliable data exists on the number of wealthy individuals who have fled the United Kingdom due to taxes, leading some experts to warn of sensationalism [File: Rachel Adams/Reuters]](/wp-content/uploads/2025/11/2023-07-17T183223Z_684079531_RC2552A5GPCF_RTRMADP_3_BRITAIN-ECONOMY-1763471654.jpg?resize=770%2C513&quality=80)




![President Donald Trump greets Canadian Prime Minister Mark Carney at the White House, Tuesday, Oct. 7, 2025, in Washington. [Evan Vucci/AP]](/wp-content/uploads/2025/10/image-1761323224.jpg?resize=770%2C513&quality=80)
![Mahnoor Omer wants Pakistan to scrap taxes on sanitary pads, which add 40 percent to their costs [Photo courtesy Mahnoor Omer]](/wp-content/uploads/2025/10/ahsan-and-mahnoor-1761274561.jpg?resize=770%2C513&quality=80)
![Transportation and warehousing— sectors that which are heavily reliant trade lost 22,700 jobs [File: Jennifer Gauthier / Reuters]](/wp-content/uploads/2025/09/2025-03-04T213752Z_713654279_RC2J6DASX45Q_RTRMADP_3_USA-TRUMP-TARIFFS-1757087146.jpg?resize=770%2C513&quality=80)
Former New York state governor trails Zohran Mamdani in the polls as he pitches a more centrist economic policy.
The US largely imports pharmaceutical products from India and Europe.

At the 80th UNGA, Argentina’s President Javier Milei — a key Trump ally in Latin America — praised Trump’s tariffs.
Despite the dismissal, Gautam Adani still faces allegations of bribery, fraud in US courts.
The strike action and nationwide protests follow the Block Everything demonstrations earlier in September.
US tariffs of 50% on India have hit textile sector hard with orders stalled and businesses asked to absorb some tariffs.
US tariffs have rocked India’s carpet industry as orders have nearly stalled.
Norway’s sovereign wealth fund has become a political sticking point over investments linked to Israel’s war in Gaza.
Angela Rayner denies she wanted to dodge the extra tax, adding that she made a ‘mistake’ following legal advice.

A shoe factory in India says it is already feeling the impact of Trump’s tariffs on Indian exports.