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Buffett omits gift to Bill Gates’ foundation after his Epstein ties disclosed
Gates has denied any ties to Epstein’s crimes and has not been accused of any wrongdoingBillionaire Warren Buffett omitted Bill Gates′ foundation from his annual donations this year after disclosures of the Microsoft co-founder’s ties to convicted sex offender Jeffrey Epstein. Buffett will donate about $6bn to four foundations connected to his own family, but did not mention Gates in his announcement Tuesday.Buffett also said in his statement that he wants all of his remaining Berkshir
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What are the rules on political donations and gifts in the UK?
Mega-donors are coming under scrutiny with growing calls for donations cap beyond those from overseas investorsThe question of who funds politicians and political parties – and why they want to give money to get people elected – is an extremely heated one. In principle, UK voters can support their chosen politicians through donations or benefits, as long as those candidates and their parties keep within spending limits during an election period, which is designed to stop powerful inter
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Here’s how Andy Burnham can finance a reindustrialised Britain – without doing a Liz Truss | Larry Elliott
Britain’s PM-in-waiting is right that the country has been failed by 40 years of neoliberalism. There will be obstacles, but he must embrace radicalism Of all the many prime ministers who have walked through the doors of 10 Downing Street in the past decade, the one Andy Burnham resembles most is Liz Truss. Both had a view of what was going wrong with the economy. Both wanted to break with the politics of managed decline. Both had ambitious ideas for what needed to be done.Truss, of co
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Tesco’s overseas empire is in retreat – but shareholders have no complaints
The supermarket’s central Europe stores may be sold as it doubles down on domestic dominance A couple of decades ago, Tesco was going to bestride the globe. Little ol’ UK, plus Ireland, didn’t offer enough room for the country’s biggest supermarket chain to expand, ran a theory that was encouraged from outside by complaints about a “Tescopoly”.“We are on the threshold of becoming one of the few successful international retailers,” declared Sir Terry Leahy, then the chief executive, in
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Sizewell B nuclear power plant granted a 20-year life extension
Extension comes as government encourages first nuclear power projects in a generation to meet UK’s growing need for electricityBritain’s most recently completed nuclear power plant will continue generating electricity until 2055 after the government granted the power plant a 20-year life extension.Sizewell B in Suffolk was due to shut down within the next decade, but under a deal with the government its lifetime will be extended to 60 years to help meet the UK’s growing demand for low-