Bloomberg UK Chancellor of the Exchequer Sajid Javid presided over the continued easing of austerity last month as departmental spending rose at its fastest pace for any December since 2003 — when Tony Blair was prime minister. The 10.5% increase from a year earlier came as the government pumped money into pay rises in the state-run National Health Service. It ...

Bloomberg Ukrainian President Volodymyr Zelenskiy offered tax breaks to investors as he seeks to drum up interest in sales of state assets. “Come and we’ll protect your investments,” Zelenskiy said. Five-year holidays for corporate tax will apply to those spending $10 million or more in privatization tenders in 2020 or 2021, he said. Privatization of major assets will start in ...

Bloomberg Apple Inc suppliers plan to begin assembling a new low-cost iPhone in February, people familiar with the plan said, as the company looks to address a wider swath of the global smartphone market ahead of its 5G handsets later this year. The Cupertino, California-based company is expected to officially unveil the new phone as early as March, one person ...