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Rachel Reeves will seek to make around £3 billion of cuts to welfare over the next four years by restricting access to sickness benefits, it is understood.

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Rachel Reeves

Europe

European Economy

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Economy

European Politics

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United Kingdom

The Independent

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upday

Rachel Reeves planning £3bn welfare cuts in Budget

New rules to protect shoppers from spiralling into debt with Buy Now Pay Later (BNPL) products will come into force in 2026. The measures mean companies offering BNPL will have to check shoppers can afford repayments before approving a loan.

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Martin Lewis

Business

Sky News UK

City AM

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Great Yorkshire Radio

Martin Lewis welcomes BNPL crackdown - but questions raised over timing

Italy plans to raise the capital gains tax on Bitcoin to 42% from 26%, part of efforts to finance expensive election promises while cutting the fiscal deficit.



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Italy Economy

Taxes

Cryptocurrency Exchange

European Union

Cryptocurrency

Bitcoin

Italy Politics

Italy

Benzinga

Bloomberg

Corriere Della Sera

stol.it

Cointelegraph

Italy to Raise Capital Gains Tax on Crypto to 42% From 26%: Reports

The former interim manager and two directors of Radauti Municipal Hospital were detained by the DNA, along with three nurses, accused of crimes such as influence peddling and bribery. Prosecutors accuse them of soliciting bribes both to intervene in the hospitalization of people in need, including operations, and to “arrange” competitions for positions as a stretcher, nurse or nurse. The DNA announced, through a press release, the detention of t…

Money

Romania

Romania Economy

Hot News

REALITATEA.NET

spotmedia.ro

Three directors and three assistants from Radauti Hospital, detained. Money, tulip bouquets and free ITP required for hospitalization of some patients or for contest subjects - Hotnews.ro

During training, reservists receive compensation in the amount of 30 euros per day, and for employed reservists, the Ministry of Defense compensates employers based on the Labor Law for the cost of wages and other material rights of reservists.

Wages

Croatia

Croatia Economy

Istra24

poslovni.hr

The army invited individual citizens of the Republic of Croatia from 40 to 55 years of age for a 10-day training

Prime Minister Marcel Ciolacu points out that this is a time of decline in the automotive industry, and, if it does not intervene, also in Romania and throughout Europe, next year and in two years there will be massive layoffs in this area. “This is a time when all political forces must understand that without the automotive industry in Romania, Romania's economy collapses,” he said.

Auto

Layoffs

Adevarul

Stirile Antena 1 Observator

Digi 24

Marcel Ciolacu warns that the auto industry is in “decline” and massive layoffs may follow

Rachel Reeves is planning to increase the rate of capital gains tax on shares sales but not on properties such as second homes, it was reported today.

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Reuters

Daily Express

Financial Times

Reeves set to raise capital gains tax rate on sales of shares

It forms the first stage of the government's plan to open an additional 3,000 nurseries in England through "upgrading space" in primary schools, as Labour stated in its manifesto.

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England

The Herald Scotland

Dorset Echo

Funding open for primary schools to deliver nursery places

BBC News

The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is expected to cut borrowing costs once again on Thursday after figures showed inflation across the bloc falling to its lowest level in more than three years and economic growth waning. 

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Central Bank

Inflation

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Germany

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abc News

European Central Bank poised to cut rates again as inflation drops below target

The European Central Bank (ECB) reduced its interest rates on Thursday afternoon during its October meeting, marking the third consecutive cut since June. New interest rates have been set at 3.40% for main refinancing operations, 3.65% for the marginal lending facility, and 3.25% for the deposit facility.




Recession

Interest Rates

Frankfurt

Irish Independent

Globo

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Sueddeutsche Zeitung

ECB cuts rates again as eurozone inflation falls below target

Britain said on Thursday it had imposed sanctions on 18 more Russian oil tankers and four liquefied natural gas vessels, the largest batch of sanctions to date against Russia's so-called "shadow fleet".

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