It was an unusual decision. Kailey democrats unite sen. Sanders we are going to unite together. Kailey a Cabinet Reshuffle in the u. K. Takes a startling turn. Not someone walking out on the job. Kailey an exit interview with the outgoing Credit Suisse ceo tidjane thiam. Tidjane the true legacy comes after we leave. Kailey it is all straight ahead on bloomberg best. Hello and welcome. I am kailey leinz, and this is bloomberg best. Your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. We began with a familiar focus, assessing the spread of the coronavirus outbreak and measures to blunt its impact. The global death toll from the coronavirus has now topped 900. Hubei province posted the most fatalities for one day. Medical experts from the w. H. O. Heading to the epicenter of the disease with the agencys chief expressing concern over the spread of the virus among
Task force and regulators aimed at cracking down on rogue immigration lawyers. A new task immigration lawyers. A new task force announced by the government will bring together regulatory bodies , law regulatory bodies, Law Enforcement and other Government Departments to root out so called dodgy law firms. Departments to root out so called dodgy law firms. In other news, the elections watchdog was targeted by a cyber attack related resulting in what it calls hostile actors gaining access to the publics information. The cyber attackers were able to access copies of the electoral register with the names and addresses of anyone registered to vote between 2014 and 2022. The attackers first accessed the Commission Systems in august 2021. Chief executive sean mcnally apologised to the pubuc sean mcnally apologised to the public and said significant steps have since been taken to improve their it systems. A improve their it systems. A haulage firm thats part of one of the uks largest transport
, going up from 60 up to £60,000, and the £0. 05 cut to fuel duty is locked in for another 12 months. Also, the vat registration threshold goes up to £90,000 from 85, while the pensions regulator will get new powers, ensuring people with defined contributions are getting value from their investments. And theres a new investments. And theres a new isa scheme with a £5,000 yearly allowance for british assets, as well as one more point for you it systems in the nhs getting a £3. 5 it systems in the nhs getting a £35 million upgrade. Well, in £3. 5 million upgrade. Well, in other news today, the science secretary is facing calls to quit after taxpayers covered her £15,000 bill in damages and legal fees following her false accusations that she made about an academic michelle donelan, who has now retracted her comments, accused professor kate sang of supporting the terrorist group hamas. However, an investigation found the claims were baseless. Labour says miss donelans false accusat
Means 27 million employees will get an average tax cut of £900 a year. Yeah well also in the budget today, the non dom tax status will be scrapped , with tax will be scrapped, with tax breaks for wealthy Foreign Residents replaced by what the chancellor called a modern residency system. Also in the residency system. Also in the budget. Rounding out todays announcements, pubs will get a boost from a freeze on alcohol duty and child benefit threshold , going up from 60 up to £60,000, and the £0. 05 cut to fuel duty is locked in for another 12 months. Also, the vat registration threshold goes up to £90,000 from 85, while the pensions regulator will get new powers, ensuring people with defined contributions are getting value from their investments. And theres a new investments. And theres a new isa scheme with a £5,000 yearly allowance for british assets, as well as one more point for you it systems in the nhs getting a £3. 5 it systems in the nhs getting a £35 million upgrade. Well
Letter sent out by Morgan Mclernon to staff which blames post brexit consequent losses for possible redundancies. The for possible redundancies. The Company Delivers goods to every major uk supermarket. The major uk supermarket. The Business Community in Northern Ireland is still waiting for details about the windsor framework, which was signed back in february. The jury in the in february. The jury in the murder trial of nurse lucy letby has been instructed to deliver majority verdicts for the seven women, and four men were told by mr justice goss that hed accept mrjustice goss that hed accept verdicts on which at least ten of them were agreed. Letby is of them were agreed. Letby is accused of murdering seven babies and attempting to murder ten others at the countess of Chester Hospitals neonatal unit. A man who was stabbed in the arm near the British Museum in london this morning had just been waiting in the queue to get in. Police have arrested a male on suspicion of causing grievou