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Rachel Reeves’s £700m tax break for US tech giants to avoid trade war

Rachel Reeves is attempting to negotiate a deal with the White House to avoid US tariffs by possibly abolishing the Digital Services Tax, as confirmed by her statement during BBC's Sunday with Laura Kuenssberg.
The Digital Services Tax currently imposes a 2% levy on major tech firms like Meta and Amazon, raising significant revenue, as noted in the report.
Lord Peter Mandelson revealed that various options regarding the tax are being discussed, indicating a potential change, according to the Financial Times.
Daisy Cooper expressed deep concern about possible tax cuts for tech giants while cutting welfare, suggesting this would harm vulnerable communities.

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Financial Times

Center

UK looks at ways to soften impact of its digital tax on US tech groups

Washington has told London it must change the levy to win carve-out from reciprocal tariffs

11 days ago·London, United Kingdom

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Spectator UK

Lean Right

Can Britain dodge Trump's tariffs?

Britain is considering scrapping its digital services tax in return for an exemption to Trump's tariffs. Would this be an effective – or desirable – move?

11 days ago·London, United Kingdom

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Welt

Lean Right

Amazon, Microsoft, S 75,000 Euro salary – 4 steps to your top tech job

Companies like Google or Microsoft attract not only with their name, but also with attractive salaries. But how do you get to the tech giants? What qualifications do you really need? How does the application process work? Insiders provide answers.

11 days ago·Dortmund, Germany

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