UK Government Rejects Proposed 5% Levy on Streaming Giants, Citing Economic Benefits

UK Government Rejects Proposed 5% Levy on Streaming Giants, Citing Economic Benefits

London, UK – The United Kingdom government has formally ruled out imposing a proposed 5% levy on the UK subscriber revenues of major streaming services. The decision, detailed in the government’s official response published today, July 3, 2025, signals a different approach to supporting the domestic film and high-end television production sector than that advocated…

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Understanding Trade Agreements: Benefits, Challenges, and Their Impact on Global Economies

Trade agreements are essential frameworks that govern the flow of goods and services between countries, fostering economic cooperation and promoting growth. By reducing tariffs, removing barriers, and establishing clear trade rules, these agreements facilitate smoother and more efficient global commerce. From large multinational trade deals like the European Union (EU) to bilateral agreements between two…

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