‘You Start Getting Desperate’: How It Feels to Be Young and Jobless in Britain - The New York Times

kept by eddie nov 26, 25

Rising youth unemployment in Britain challenges Chancellor Rachel Reeves' economic agenda ahead of a crucial budget unveiling.

Britain Raises Taxes by More Than $30 Billion in Push for ‘Stable Economy’ - The New York Times
In a push for a 'stable economy', Britain raises taxes by over $30 billion, with Chancellor Rachel Reeves citing slower growth and debt reduction.
also on Rachel Reeves, #britain, #economy
The haves and have nots of the AI gold rush
A Menlo Ventures partner says the AI boom has created a stark divide where roughly 10,000 people have achieved retirement wealth while many software engineers face layoffs and career uncertainty.
also on #inequality, #employment, #economy
Rich Californians Are Finding Creative Ways to Get Ahead of the Billionaire Tax - WSJ
California's proposed billionaire tax is prompting wealthy residents to use charitable giving and vacation-home purchases to reduce their net worth and tax liability.
also on #inequality, #economy