Poland Becomes Sole EU MiCA Holdout After Parliament Fails to Overturn Veto
Crypto21:06
CZ Emphasizes Strict Private Key Isolation for Hardware Wallets
Macro21:06
US Small Business Bankruptcies Surge to Records as Inflation Persists
Crypto
UK Budget Announces £30B Tax Hikes and Wealth Tax Changes
11/26/2025, 13:06
AI SUMMARY
●• UK announces £29.8B in tax hikes, one of the largest increases in recent history
●• Measures include new levies on high-value assets and capital gains adjustments
●• Macro policy shift could impact broader market sentiment and liquidity
The UK government has unveiled a new budget that includes £29.8 billion in tax increases by the 2030-31 fiscal year. The Office for Budget Responsibility (OBR) notes this is one of the largest tax increases in recent history.
Key measures include changes to capital gains, carried interest, and a new surcharge on high-value assets. While primarily a traditional finance event, these significant macro policy shifts in a major economy can influence global liquidity conditions and investor sentiment.