Richard Baker, the executive chairman of Saks Global, is facing a subpoena from unsecured creditors seeking documents related to the Neiman Marcus acquisition.
Tom Blomfield, founder of Monzo, predicts that income tax could become obsolete within five years as AI advances. He advocates for taxing computational infrastructure instead.
Recent changes to stamp duty in England, championed by Rachel Reeves, have led to increased financial burdens for first-time buyers. The situation is concerning for many.