Rachel Reeves will change the UK’s fiscal rules in her upcoming Budget to allow for up to £50bn of extra borrowing for infrastructure projects, such as roads and railways, over Labour’s term in power. Despite the change, the Budget is still expected to include cuts to public services and tax rises, with potential areas of focus being pensions, inheritance tax, and capital gains tax. Additionally, Labour plans to add VAT to private school fees in 2025 to fund more teachers in the state sector.
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Why Oklo Stock Bumped Higher This Week
This week, the American nuclear industry gained attention, particularly with a notable increase in Oklo (NYSE: OKLO) stock, which rose over 5%. The momentum was driven by President Trump's recent executive order, signed last Friday, which aims to support the nuclear sector by permitting reactor testing at Department of Energy laboratories and allowing the construction of nuclear power facilities on public land. This executive action is expected to bolster the growth and development of the...
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