Money

The UK has announced it will give nearly £30m to support developing countries in delivering the target to protect 30% of land and ocean by 2030, an amount conservationists criticised as being “nothing like what’s needed”.The announcement was made on Thursday as the environment secretary, Thérèse Coffey, started international negotiations at Cop15 in Montreal. The £29m pledge – £24m of which is new money – is being allocated to support developing countries in delivering the 30x30 target, which is a negotiating priority for the UK at the UN summit.However, it...

Swinney says all Scots earning more than £43,662 will pay 1% more in income tax, to raise money for NHSSwinney says the starter, basic and intermediate rates of income will stay the same.But the higher and top rate will go up, he says. (See 2.58pm.)He says this means people earning more than £43,662 pounds will have to pay an extra penny in the pound on income tax.He says the money is being raised for a specific purpose – investment in NHS.These changes will raise £129m in the next financial year,...

Hello and welcome to Thursday.Florida connection— One of the many Democrats who got a good dose of financial help from Sam Bankman-Fried, the now-indicted founder of cryptocurrency exchange FTX, was soon-to-be Florida Rep. Maxwell Alejandro Frost.Tweet about it— And the 25-year-old Frost, who has earned national attention by becoming the first member of Generation Z to get elected to Congress, took to Twitter on Wednesday to respond to the news of Bankman-Fried’s arrest.Opening line— “It seems clear that Sam Bankman Fried cheated and conned over a million people out of...