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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Which AI Stocks Are Set to Soar in the Second Half?
Artificial intelligence (AI) stocks surged in 2024 due to optimism about their potential to transform industries by enhancing efficiency and enabling groundbreaking innovations. Despite facing recent challenges related to economic fears, companies like Nvidia, Apple, and Amazon are expected to thrive in the latter half of the year as uncertainty diminishes. Explain It To Me Like I'm 5: AI stocks are like cool toys that everyone wants because they help people do things faster and...
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