Trump says he will end birthright citizenship
“We’re going to have to get it changed,” Trump said, referring to the 14th Amendment of the Constitution.
small businesses
‘The Democratic Party needs to be rebuilt’: Crisis mode sets in as losses pile up
Everyone agrees they lost the working class, but they’re deeply divided on where to place the blame — and what to do about it.
Britain’s art-loving elite fumes at money laundering crackdown
Experts fear tough rules for the art world — meant to root out criminals — will send business to New York and Hong Kong.
UK budget: 7 things to watch for as Labour hikes taxes
From splashing the cash to going for growth, here’s how Britain’s first female chancellor wants to run the economy.
‘Europe is not paradise’: one man’s mission to stop Senegal’s youth dying at sea – video
The migration route from Africa to the Spanish Canary Islands is one of the world’s deadliest, with young people often attempting the journey in flimsy fishing canoes. Moustapha Diouf, a Senegalese fisher, once tried to make the voyage himself, seeking…
Who could be in Kamala Harris’ Cabinet? Here are the leading contenders.
If Kamala Harris wins the election, she will likely approach the task of filling out her Cabinet and West Wing much like she did when she took over Joe Biden’s campaign operation this summer. While she’ll ensure her closest advisers and key Cabinet members are people she personally trusts, there will be some continuity with […]
Walz downplays past false statements in rare interview
The Minnesota governor also attempted to make a stronger case for the Democratic ticket.
What Keir Starmer’s Advisers Told Democrats in Washington
Two advisers to the British Labour Party pushed Kamala Harris allies to focus squarely on immigration and the cost of living.
What Keir Starmer’s advisers told Democrats in Washington
Two advisers to the British Labour Party pushed Kamala Harris allies to focus squarely on immigration and the cost of living.
The Tories used to be the party of business. Now they’re a joke.
Normally a hotbed of business schmoozing, the Conservative conference is generating shrugs among industry chiefs.
Circular sellers
Across the continent, ingenious small businesses are saving products from landfills and giving them a new lease on life.
Sixth-generation wire-maker blames Brexit for shredding its business
Owner of Ormiston Wire in London urges Keir Starmer not to forget small manufacturers in his dealings with EUThe head of a family-owned company that has made specialist wires and cables for six generations for clients ranging from naval vessels to film…
Harris departs from Biden on capital gains tax boost
The Democratic presidential candidate is proposing a smaller hike in the tax that mostly hits the wealthy than the one pushed by President Joe Biden.
Harris targets small business tax break in contrast with Trump’s corporate tax cuts
The vice president looks to beef up her economic plans ahead of next week’s debate.
A slower, wizened Clinton sinks his fangs into Trump
“The next time you hear him, don’t count the lies. Count the ‘I’s,’” he said.
Grocery price gouging to feature prominently in Harris economic plan
Harris will lay out actions she plans to take in her first 100 days as president to lower food and other everyday costs during a speech this Friday in North Carolina.
Your Tim Walz policy guide: Where he stands on abortion, unions, energy and more
The Minnesota governor may bring rural appeal but his policies reflect a progressive agenda.
To do: 6 thorny issues lurking in MEPs’ inboxes
From creating an EU-wide money market to protecting kids online, POLITICO looks at what lies ahead for lawmakers.
How to navigate Hungary’s EU presidency policy agenda like a pro
The country’s Council stint will be marked by political change in Brussels following the EU election.
EU approves first-ever sanctions on Russian gas
It’s a notable evolution in strategy for the EU, and came after Germany and Hungary held up a deal for weeks.
Germany blocks first-ever sanctions on Russian gas
EU countries had been close to a deal targeting liquefied natural gas, but talks fell apart at the last minute.
Big Mac vs. Supermac: McDonald’s loses EU trademark fight
EU top court ruling says the fast food giant can no longer trademark Big Mac for chicken.
By the numbers: How politicians have advertised online for the European election
Among the biggest spenders is Hungarian PM Viktor Orbán’s Fidesz party.
Labour’s election policy positions, tracked
Absolutely everything you need to know about what the opposition party is promising ahead of the July 4 election.
Navigating Europe’s waste management maze: Supporting small businesses
The European Union is a pioneer of the environmental law known as Extended Producer Responsibility, which lengthens a producer’s accountability for products from creation to end of life. But compliance therewith is overwhelming smaller businesses.
N Ireland should cut corporate tax to boost growth, says business lobby
Gulf between headline rate in UK and Ireland is deterring investors, argues Federation of Small Businesses
Small businesses face punitive charges from new Brexit border fees
Trade groups say monthly tariffs that importers of food and plants from the EU will have to pay will add up quickly
Ursula von der Leyen’s controversial EU envoy pick quits at last minute
Markus Pieper resigns from €17k-a-month role hours before he was due to start amid claims of favouritismEurope live – latest updatesA row threatening to overshadow Ursula von der Leyen’s campaign for a second term as European Commission president has e…
[Analysis] Economic plans of EU ‘Big Three’ are evidence of low ambition
The economy ministers of the EU’s ‘Big Three’ — France, Germany, and Italy — have set their sights on slashing red-tape to boost small businesses. But their broader policy agenda lacks ambition.
‘Our profits could disappear’: small UK businesses hit out at new import fees
Post-Brexit charges of up to £145 may lead to a reduced range of goods available for consumersBritish small businesses have hit out at newly announced post-Brexit import fees coming in later this month, warning they could wipe out profits and make impo…
New Brexit border tax triggers UK business backlash
Trade groups fear new inspection fees will push up inflation and lead to less consumer choice.
Buy now, regulate later
SNEAK PEEK — Labour gets thinking on Buy Now, Pay Later regulation. — Fintechs argue fraud payments legislation is unsuited to their needs. — FCA looks into treatment of vulnerable customers. Good morning readers! We hope you had a lovely weekend. To ease you into what will likely be yet another grey morning, we’ve got […]
Budget bonanza
SNEAK PEEK — Budget expectations, from National Insurance cuts to inheritance tax latest. — Bank capital treatment of SMEs might scupper retail-heavy budget plans. — FCA investigates banks’ loans to small businesses amid “super complaint.” Good morning … IT’S BUDGET DAY! POLITICO reporters have been running around like headless chickens trying to get the goss. […]
MPs probe impact of UK’s sanctions on Russia
SNEAK PEEK — Treasury Committee launches probe into effectiveness of Russian sanctions. — Banks criticized for debanking SMEs while keeping fraudsters on the books. — City minister piles pressure on PRA over bank capital reforms. Good morning and happy leap day! It’s Thursday and you all know what that means….this is the second last MFS […]
‘Postcode lottery’ warning as UK energy chief weighs bills shake-up
LONDON — Claire Coutinho has promised to cut your energy bills. But she could end up hiking your neighbor’s in the process. The U.K. energy secretary is mulling sweeping reforms to the electricity market which, advocates say, could reduce bills by billions of pounds over the next 15 years. But critics warn the proposals could […]
FCA name-and-shame plans get immediate backlash
SNEAK PEEK — Industry criticizes FCA plans to name firms under investigation. — Lenders “debanking” SMEs en masse, committee finds. — U.K. fiscal policies don’t match economic situation, claims economist. Good morning! Wowee, what a hectic day Tuesday was in the world of financial services. I’ve barely recovered from the many committee hearings, conferences and consultations […]
British banks head for a Basel win
SNEAK PEEK — U.K. banks look set to get capital relief for SME lending. — Lloyds sets aside £450 million amid FCA investigation. — Government criticized for delays on sustainable finance. Good morning! James’ excellent scoop got a mention by none other than the Money Saver himself, Martin Lewis. Not too shabby for a newsletter […]
Even the Bank of England is giving in to the banks
Lenders on either side of the Atlantic have been campaigning hard against incoming standards
Give innovators the boost they need: fairness and transparency
A plea for EU Commissioners to support proposed regulation on licensing of standard essential patents.
Why Germany can’t square a €60 billion circle
Following a bombshell ruling by Germany’s top court, the financial pain for the ruling coalition may be only just beginning.
Gaza destruction is unprecedented, says UN agency as it seeks fresh funds
UN agency for Palestinian refugees seeks almost $500M in new appeal as nearly three-quarters of a million people are forced to flee.
‘He just loves winding them up’: Could Nigel Farage actually lead the Tories?
Britain’s Tories are sounding friendly with Brexiteer Nigel Farage. POLITICO maps an unlikely but not impossible climb to the top.
Small businesses disappointed by Commission’s mini relief package
The European Commission presented proposals to ease bureaucratic requirements for small and medium-sized businesses (SMEs) on Tuesday (12 September), but business representatives criticised the vague nature of the package. The SME relief package was in…
EU businesses reached legislative saturation point, we need a detox programme
European businesses have reached a regulatory saturation point, and EU lawmakers should be looking to cut the regulatory burden on them, writes Alena Mastantuono.