内容摘要：The Chancellor also referred to Amazon's announcement on Wednesday of plans to spend £8bn building data centres in the UK.

The Chancellor also referred to Amazon's announcement on Wednesday of plans to spend £8bn building data centres in the UK.

The president-elect is also reported to be considering appointing a presidential adviser focused solely on the crypto industry.The SEC has clashed with tech billionaire Elon Musk, who has become a strong ally of Trump's and who the president-elect has

The regulator has been investigating Mr Musk for potential fraud involving his 2022 purchase of social media platform Twitter, which he later renamed X. Mr Musk has accused the SEC of harassment and has refused to continue co-operating with its investigation.While there has been a lot of focus on the SEC’s regulation of crypto during Mr Gensler’s time as chair, he has also led tough rules in other areas.Many of his reforms were focused on the architecture of financial markets, including measures to make big investment funds more resilient to shocks.

He also cut the amount of time it takes to settle deals when people buy and sell shares, helping ensure money changes hands quicker.There was less success with efforts to get companies to better disclose the risks they face from climate change, new rules have been delayed as they make their way through the courts.

Introducing a tourism tax in Wales would be a "very risky economic move" which could jeopardise jobs and businesses, the UK's largest holiday let provider has claimed.

Charging people extra for overnight stays would mean "taxing something you really want to encourage", said Ben Spier of Sykes Holiday Cottages."The US administration respect and understand that we have high standards to support British farming, and to support British consumers, and we're not going to be relaxing those standards," she said.

Many American farmers use growth hormones as a standard part of their beef production, something that was banned in the UK and the European Union in the 1980s.The US has previously pushed for a relaxation of rules for its agricultural products, including beef from cattle that have been given growth hormones.

Farmers in the UK warned ministers last week not to dilute British food standards, saying the use of hormones in rearing livestock cannot be accepted.Shadow chancellor Mel Stride said the Conservatives would "expect" Reeves to stick to agricultural standards "but let's see the detail as and when there is a deal".