Finance News – Chancellor
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Reeves vows to reinstate some winter fuel payments this year
The Chancellor’s commitment to restore certain winter fuel subsidies aims to provide financial relief to households, while maintaining current income tax, VAT, and national insuran...
Read Full Article →Rachel Reeves announces £15bn investment for trams, trains and buses outside London – video
The government plans to allocate £15 billion toward enhancing public transportation infrastructure across northern England and the Midlands, including significant funding for tram...
Read Full Article →Labour forced to postpone £5,000-a-head business conference
The delay of the exclusive business event, featuring key government officials, may impact planned investments and networking opportunities that typically generate substantial econo...
Read Full Article →Rachel Reeves looks to spending review to shift focus from welfare cuts
The upcoming spending review aims to highlight increased funding for regional transport infrastructure as a key economic priority, potentially balancing previous reductions in soci...
Read Full Article →Non-dom exodus could blow ‘black hole’ in public finances
A significant number of non-domiciled individuals departing the UK may substantially reduce government revenue, potentially eliminating available budget flexibility and impacting f...
Read Full Article →Andy Haldane: Reeves ‘not even close’ on growth after ‘rookie errors’
Andy Haldane criticized the government's economic approach under Rachel Reeves, suggesting that recent policy decisions have fallen short of effectively stimulating sustainable fin...
Read Full Article →Reeves inheritance tax raid to cost ‘staggering’ 200,000 jobs
The recent adjustments to inheritance tax policies are projected to threaten over 200,000 positions within the next five years, significantly affecting family-operated enterprises...
Read Full Article →Reeves’ spending review ‘natural point’ to boost defence -IFS
The forthcoming fiscal assessment offers an opportunity to increase military funding, as analysts highlight that healthcare and defense budgets will be central to the Chancellor’s...
Read Full Article →HMRC review signals potential pension tax changes in Autumn
A government review of workplace retirement plans may lead to adjustments in tax advantages for pension contributions, potentially affecting the savings and financial planning of i...
Read Full Article →Reeves in standoff with ministers over proposed cuts to public services
The potential reductions in funding for public services such as policing and social housing have raised concerns about budget constraints and the need for adjustments to fiscal pol...
Read Full Article →Week in Business: Will Starmer sack Rachel Reeves?
Labour's current economic approach faces increasing scrutiny, prompting speculation that Keir Starmer might consider appointing a new Chancellor to influence the party’s financial...
Read Full Article →The Guardian view on Starmer’s U-turn: change direction – or keep losing support | Editorial
The reversal of the proposed fuel payment cuts highlights the financial risks political decisions pose, as misjudged policies can lead to significant voter dissatisfaction and pote...
Read Full Article →Travelodge in the red amid Reeves’ £21m tax hikes
Travelodge experienced a financial downturn in the initial quarter of its fiscal year, largely impacted by increased tax obligations and higher National Living Wage costs announced...
Read Full Article →Reeves’ taxes push inflation to 3.5 per cent in ‘Awful April’
The recent tax increases on businesses and adjustments to the national living wage have contributed to rising consumer prices, reflecting increased operational costs for companies...
Read Full Article →Cash ISA limit reduction abandoned by Reeves
The government’s decision to maintain the current threshold for tax-free savings accounts allows individuals to continue depositing substantial amounts without losing financial ben...
Read Full Article →UK now best placed country on trade - Reeves
Recent trade deals with major partners such as the EU, US, and India are expected to enhance the UK's economic performance by expanding market access and strengthening internationa...
Read Full Article →Reeves must provide ‘more stable’ tax policy, finance bosses say
Financial leaders emphasize that establishing a consistent and predictable tax framework is crucial for enabling sustainable economic growth and encouraging investment within the i...
Read Full Article →Reeves hopes hat-trick of deals shows Britain is open for business
The recent agreements in food, energy, and defence sectors are expected to modestly enhance the UK’s economic appeal, potentially attracting increased investment and reinforcing it...
Read Full Article →Natwest and Lloyds to cash in as Reeves hints at ring-fencing reform
Changes to the current banking regulations could allow major financial institutions to integrate certain operations, potentially increasing profitability and altering risk manageme...
Read Full Article →Reeves’ tax hikes are ‘death blow to London,’ Britain’s richest warn
Recent tax policy changes under Chancellor Reeves have prompted concerns among wealthy individuals, as increased levies may influence business leaders to relocate, potentially impa...
Read Full Article →Chancellor Rachel Reeves warned against slashing cash ISA allowance
Reducing the annual tax-free savings limit for cash ISAs could significantly impact individual saving habits and the broader investment landscape by shifting funds from low-risk ac...
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