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Wednesday newspaper round-up: Inheritance tax, jobless benefits, Trump

(Sharecast News) - The Treasury is looking at ways to raise more money from inheritance tax amid growing pressure on the country's finances ahead of the autumn budget, sources have told the Guardian. Officials have been tasked with examining whether tightening rules on the gifting of money and assets could be one way of addressing a gap between revenue and spending that is estimated to reach more than £40bn. - Guardian A group of nine human rights and freedom of expression organisations have called on the culture secretary to halt RedBird Capital's proposed £500m takeover of the Telegraph and investigate the US private equity company's ties to China. The international non-governmental organisations, which include Index on Censorship, Reporters Without Borders and Article 19, have written to Lisa Nandy arguing that RedBird Capital's links with China "threaten media pluralism, transparency and information integrity in the UK". - Guardian

Donald Trump told the boss of Goldman Sachs to "focus on being a DJ" after the Wall Street bank warned that the US president's tariff campaign threatened the American economy. In a social media outburst, Mr Trump said David Solomon should "not bother running a major financial institution" as he defended his series of duties on trading partners. - Telegraph

Labour has parked over a million working-age Britons onto jobless benefits that do not require them to look for work, official figures show. The surge since Sir Keir Starmer took office means 3.7 million Britons - or almost half of those currently claiming Britain's main unemployment benefit - are now exempt from finding a job. - Telegraph

Perplexity, an artificial intelligence start-up, is reported to have made an unsolicited offer to buy Google's Chrome browser for $34.5 billion. The bid revealed on Tuesday is unusual because it is almost double Perplexity's own valuation, which is estimated to be $18 billion, according to The Wall Street Journal. - The Times

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(Sharecast News) - Andy Burnham must avoid another "summer of speculation" on tax and spend that would spook British business, the chief executive of the CBI has warned. As Burnham prepares to take up the Labour leadership on Friday, with a new cabinet to be announced on Monday, Rain Newton-Smith urged him to tread carefully. - Guardian
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(Sharecast News) - Heating oil customers whose deliveries were cancelled when the war in the Middle East caused a price surge are to receive compensation of up to £350 each following an investigation by the UK competition watchdog. As the crisis unfolded, the Competition and Markets Authority (CMA) said it was investigating heating oil suppliers after complaints that existing orders were being scrapped, with customers offered new deliveries at a significantly higher price. - Guardian
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(Sharecast News) - The US government has already paid back tens of billions of dollars in tariffs it collected before the supreme court ruled them illegal, according to budget figures released on Monday. Tariffs - taxes on imported goods - have been a key part of president Donald Trump's game economic plan since he took office again last year. But in February, the supreme court shut down a big chunk of the extra tariffs Trump ordered, forcing the government to return money to the companies that had paid them. - Guardian
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(Sharecast News) - The beleaguered pub sector is getting a boost from England's World Cup run, with some landlords reporting roaring sales as anticipation builds for a bumper night on Wednesday for the semi-final clash with Argentina. Lisa Mayall, the manager of the British Oak in Kingswinford near Dudley in the West Midlands, was jubilant after England's 2-1 win against Norway on Saturday night and brisk takings at the pub's till. She expects hundreds more customers for the team's next game at 8pm BST. - Guardian

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