European embassies in London are lobbying the UK government to exempt international schools from the upcoming 20% VAT charge on private education, set to take effect in January 2025. Concerns have been raised that this tax change could make pupil fees unaffordable for many UK-based employees of European countries, potentially straining diplomatic ties. Some schools, like the Instituto Español Vicente Cañada Blanch, funded by the Kingdom of Spain, may face challenges with fees, while French and German schools partially funded by their governments are also affected, sparking discussions with UK authorities.
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Hope for a Trump Energy Boom Is Marred by Anxiety About Tariffs
American energy executives are expressing concern over President Trump's tariff threats and push for lower oil prices, despite their initial enthusiasm for deregulation and energy dominance. The industry is trying to balance fighting for their interests, like free trade, while avoiding offending the president, with hopes that the energy dominance agenda will take precedence over tariffs. Executives are worried about the impact of tariffs on the economy and oil prices, seeking more predictability and less...
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