Nat Wei: Why Britain needs a sovereign wealth fund now more than ever

Lord Wei is a Conservative member of the House of Lords. He is a co-founder of Teach First, a social entrepreneur, and a former government adviser. The recent furore over National Insurance and social care has once again brought into focus the lack of resilience of our public finances. Putting…

House Democrats may propose raising corporate tax rate to 26.5%

WASHINGTON — House Democrats expect to propose raising the corporate tax rate to 26.5% from 21% and imposing a 3 percentage-point surtax on individual income above $5 million, according to a House Democratic aide familiar with the plans. The tax increases would be part of the House Ways and Means…