UK’s Sunak considers cutting VAT on household energy bills- FT
British finance minister Rishi Sunak is considering a cut to the 5% rate of value-added tax on household energy bills, the Financial Times reported on Sunday. Government officials briefed on the Budget preparations said Sunak had looked at reducing the 5% VAT, but no decisions had been taken yet, the newspaper Continue Reading
Bank of England will scramble to buy BTC before it hits $1 million, Bitcoin expert projects
Bitcoin expert Max Keiser has said that the Bank of England (BoE) will be scrambling to acquire Bitcoin before the asset trades at $1 million. Keiser notes that the potential adoption of Bitcoin by the BoE is part of the broader notion that the asset has ‘killed’ central banks, Express.co.uk reports. He Continue Reading