At the start of the new year, the debate over Britain’s future continues, focusing on the economy, public services, and political leadership. Keir Starmer faces challenges as Labour leader, with discussions revolving around taxation, EU relations, and NHS reform. Calls for a return to the EU Single Market, NHS restructuring, and nationalisation are prominent, alongside concerns about green policies, pensions, and public accountability.
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Italy to slash VAT on art to compete with EU rivals
Italy's right-wing government is set to reduce the value-added tax on art from 22% to 5%, responding to urgent calls from over 500 artists and galleries who warned of a potential collapse in the domestic art market. This tax cut, anticipated to be approved in a Cabinet meeting and requiring parliamentary ratification within 60 days, aims to enhance competitiveness against lower-tax countries like France and Germany. Need More Context? 🔎
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