UK Defense Spending Plan May Require Tax Hikes, LSE Turns to Crypto Tech

The UK government's plans for higher defense spending may require tax increases for middle earners, according to the Resolution Foundation thinktank. The thinktank argues that Chancellor John Healey would need to raise taxes if he wants to fund significantly higher defense spending.

Matt Clifford, a former AI strategy advisor to Prime Minister Keir Starmer, has joined US startup Anthropic in a senior role. Clifford will lead the company's engagement with governments outside of the US, including in the UK and Europe.

The London Stock Exchange (LSE) is turning to cryptocurrency technology to revive its ailing market. The LSE has partnered with Payward, owner of Kraken, to launch tokenized stocks on its exchange.