Finance News – Autumn Budget
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Sainsbury’s boss warns over retail taxes after ‘high impact’ NI rise
The increase in national insurance contributions has notably affected employment costs in the retail sector, prompting concerns about potential tax rises that could impact business...
Read Full Article →Halfords to shut garages amid growing cost pressures
Facing rising operational expenses driven by recent fiscal policies, Halfords plans to discontinue certain service locations, a move that has contributed to a slight decline in its...
Read Full Article →Speedy Hire swings to loss amid depot closures
The company experienced a significant decline in profitability, reporting a pre-tax loss of £1.5 million for the year ending March 2025, impacted by economic challenges and increas...
Read Full Article →St James’ Place: Labour’s dividend tax plans could backfire
Increasing the highest dividend tax rate could reduce overall government income by discouraging investment, potentially undermining expected revenue gains from forthcoming fiscal p...
Read Full Article →Reeves considers softening inheritance tax changes amid non-dom backlash
The proposed modifications to inheritance tax policies aim to balance attracting international investors with addressing concerns raised by influential financial stakeholders.
Read Full Article →Deutsche Bank: £10bn of tax hikes coming in Autumn Budget
The upcoming Autumn Budget is anticipated to include substantial tax increases to address reduced fiscal flexibility caused by higher inflation and growing public expenditures.
Read Full Article →Rachel Reeves’ tax hikes to cost Timpson £12m extra a year
The recent adjustments to employer National Insurance and minimum wage rates are expected to increase operational expenses for Timpson’s company by approximately £12 million annual...
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