Tag: BBC

GovernmentSoftwareTechnology

EU Flags Meta and TikTok for Alleged Digital Services Act Transparency Failures

The European Commission has issued preliminary rulings against Meta and TikTok for alleged Digital Services Act violations. According to reports, both platforms face scrutiny over content appeal mechanisms and researcher data access. These findings could lead to substantial financial penalties for the tech giants.

Preliminary EU Findings Target Tech Giants

The European Commission has reportedly determined that both Meta and TikTok breached the European Union’s Digital Services Act transparency requirements, according to preliminary rulings issued on October 24. Sources indicate these findings stem from ongoing investigations conducted in cooperation with Ireland’s media regulator, Coimisiún na Meán, which began separate probes into the platforms last year.

by Chloe Danner
EconomyPolicy

Chancellor Reeves Considers Energy Bill Relief and Tax Measures in Upcoming Budget

Chancellor Rachel Reeves is reportedly considering interventions to reduce energy bills, including potential VAT cuts. The government faces a £22bn fiscal gap while maintaining commitments to key tax rate freezes.

Energy Bill Relief Measures Under Consideration

The government is reportedly planning “targeted action” to address rising living costs, with energy bills being a primary focus of the upcoming Budget. According to reports from the BBC, officials are considering cutting the current 5% rate of Value-added tax charged on energy, which could provide immediate relief to households. Another option under discussion involves reducing regulatory levies currently added to utility bills, sources indicate.

by Ava Winslow