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US regulator votes to repeal net neutrality laws

The US communications regulator has controversially voted to abolish net neutrality rules that guarantee equal access to the internet. The decision had been widely expected despite a campaign led by tech giants to keep regulations in place. Members of the Federal Communications Commission (FCC), led by its Republican chairman …

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1p on income tax rate for Scots earning over £24k

Income tax for people in Scotland earning more than £24,000 a year will rise to 21p, the Scottish government has said. Holyrood’s finance secretary Derek Mackay made the announcement in his draft Budget for 2018-19 on Thursday, with higher rates of income tax also going up to 41p and …

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US Federal Reserve raises interest rates again

The US Federal Reserve has agreed to raise interest rates by 0.25%, the third rate rise in 2017.Policymakers at the US central bank say the move, which was widely expected, underscores “solid” gains in the US economy.Officials also boosted their economic forecasts, projecting 2.5% growth in GDP in 2017 …

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Crisis-hit Interserve calls in company doctor

Lenders to the troubled support services group Interserve have forced it to parachute in a company doctor in return for a £180m funding lifeline. Sky News has learnt that a consortium of banks have demanded that the company, which manages the Ministry of Defence’s training base on Salisbury Plain, …

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