Finance News – Chancellor
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BGC: Reeves making a mockery of growth strategy with gambling tax
Introducing higher taxes on the gambling industry could negatively impact revenue streams and consumer activity, potentially undermining broader economic objectives related to sect...
Read Full Article →Stephen Kinnock quizzed on his dad’s calls to ditch two-child benefit cap
The potential removal of the two-child benefit limit involves important budgetary considerations, as such policy changes could significantly impact government spending and financia...
Read Full Article →Tories: Reeves gambling tax hike raises risk of black market betting
Increasing taxes on gambling may reduce official revenue by encouraging bettors to turn to unregulated markets, potentially undermining government efforts to generate funds through...
Read Full Article →‘Weak fiscal position’ pushes UK borrowing costs to 27-year high
Rising government debt expenses in the UK have reached their highest point in nearly three decades, signaling increased financial pressure and potential challenges for fiscal manag...
Read Full Article →Pensions, motorists and workers: The tax targets Rachel Reeves is eyeing up
Chancellor Rachel Reeves is expected to increase revenue through adjustments affecting retirement funds, vehicle owners, and employees, which could have notable effects on public f...
Read Full Article →UK tax data reportedly suggests claims of non-dom exodus overblown
Recent data from HMRC imply that the reduction in affluent individuals residing in the UK matches prior official estimates, indicating limited financial impact from changes to tax...
Read Full Article →UK economic growth slows to 0.3% in second quarter
The modest increase in the UK’s output during the second quarter highlights ongoing economic challenges as the government readies its fiscal plans for the upcoming budget season.
Read Full Article →Economic bounceback may be under way but Reeves cannot afford to relax
The recent modest increase in economic output indicates some recovery momentum, but ongoing challenges remain for policymakers to ensure sustained financial stability and growth.
Read Full Article →A policy that benefited the richest and cost the UK £100bn: it's long past time to end the fuel duty...
Maintaining unchanged fuel taxes for over a decade has significantly reduced government revenue, resulting in substantial budget shortfalls that have constrained public infrastruct...
Read Full Article →The Guardian view on inheritance tax rises: to win the argument, ministers must build the case on fa...
Rising inheritance levies could generate essential government revenue to support public spending commitments, reflecting a shift in fiscal strategy amid changing economic condition...
Read Full Article →Rachel Reeves’ Autumn Budget still causing negativity – CBI
A prominent industry group indicates that ongoing challenges for employers reflect continued unease following last year’s substantial tax increase, highlighting persistent concerns...
Read Full Article →Reeves and Bailey clash over Revolut meeting
The disagreement between key officials interrupted plans to advance Revolut’s transition, potentially delaying its progress toward obtaining a full banking license and impacting th...
Read Full Article →‘We have to move’: historic village of Tempsford reels from plan to swell its 600 residents to 350,0...
The proposed development to increase Tempsford’s population dramatically could transform local infrastructure and economy, raising concerns about preserving its historical heritage...
Read Full Article →Here’s what private equity and venture capital need from Rachel Reeves
Upcoming modifications in tax policies related to investment returns and residency status are creating uncertainty for investors, highlighting the importance of adopting strategies...
Read Full Article →UK sees ‘small burst’ in hiring in sign of growth
The recent increase in job vacancies indicates modest economic expansion in the UK, although overall demand is still lower than last year, partly due to higher taxes affecting busi...
Read Full Article →Help wanted: Reeves seeks heavyweight economic advisers as budget looms
As the autumn budget approaches, the Chancellor aims to strengthen her economic team by appointing experienced advisers to support fiscal decision-making and address productivity c...
Read Full Article →The quiet, matter of fact takeover of women holding senior economist roles | Heather Stewart
The increasing presence of women in senior economic roles across government and influential organizations reflects a shift in decision-making perspectives that could shape future f...
Read Full Article →Rachel Reeves’ tax raid leads to thousands of job losses as wage growth cools
Recent official figures reveal significant employment declines amid slowing wage increases, intensifying challenges for monetary policymakers to address the economic impact of subs...
Read Full Article →Sticky inflation takes shine off Reeves’ week
Persistent inflation pressures have complicated economic recovery efforts, affecting market confidence and posing challenges for fiscal policy decisions in the period following the...
Read Full Article →Ad agency WPP asked to work on campaign nudging UK savers to invest in shares
The initiative supported by government and funded by financial institutions seeks to encourage more individuals to allocate savings into equities, potentially boosting market parti...
Read Full Article →Isa shakeup: How can Rachel Reeves nudge savers into buying stocks and shares?
The government's proposed initiatives aim to encourage individuals to allocate more of their savings toward equity investments, potentially increasing financial returns while suppo...
Read Full Article →Swatch: Rachel Reeves’ tax hikes could see profit fall further
Swatch has indicated that recent increases in employer-related tax obligations in the UK are likely to raise expenses and potentially reduce the company’s earnings in the region mo...
Read Full Article →Reeves accused of own goal as inflation jumps
The unexpected increase in inflation, driven by higher costs for fuel and food, has raised concerns about economic management and may impact future financial policies and consumer...
Read Full Article →Stop being negative about savers buying shares, Reeves says
The Chancellor emphasized the importance of shifting perspectives within the financial sector to promote consumer investment, highlighting its potential to enhance economic growth...
Read Full Article →OBR chief says higher tax is ‘not good’ for growth – or the government
Increasing taxes as proposed in the upcoming budget may reduce economic expansion and diminish long-term government revenue, according to a leading fiscal authority’s assessment of...
Read Full Article →Rachel Reeves accelerates deregulation push in Leeds Reforms
Rachel Reeves’ proposals aim to reshape the financial sector by reducing regulatory barriers, intending to enhance the UK’s competitiveness and attract more investment within the i...
Read Full Article →Rachel Reeves eyes boost for first-time buyers with mortgage reforms
The proposed mortgage changes aim to ease lending restrictions, potentially increasing access to home loans for new buyers and influencing overall market activity by altering borro...
Read Full Article →Rachel Reeves ducks ‘speculation’ despite tax pledge confusion
Chancellor Rachel Reeves avoided detailed responses regarding upcoming fiscal policies while reaffirming the government’s commitment to maintaining current income tax, national ins...
Read Full Article →Mansion House: time for world-class regulation for a world-class insurance market
Effective regulation of insurance intermediaries is essential to facilitate access to suitable coverage, supporting economic growth by enabling individuals and businesses to obtain...
Read Full Article →Rachel Reeves urged to make ‘bold choices’ at Mansion House speech as growth stalls
Industry leaders anticipate that Rachel Reeves’ upcoming Mansion House address and the introduction of her new strategy could influence important financial policies amid concerns a...
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