Finance News – Chancellor
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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...
Read Full Article →City veteran Lord Rose ‘horrified’ by slow growth under Labour
Stuart Rose expressed concern over the UK’s sluggish economic progress under current policies, highlighting the potential impact on business confidence and overall financial stabil...
Read Full Article →GDP surge gives Reeves only brief respite from economic challenge
Although recent economic growth exceeded expectations, experts suggest the chancellor may still face the necessity of adjusting fiscal policies through increased taxes or reduced p...
Read Full Article →Is Rachel Reeves breaking up with the OBR?
Rachel Reeves implemented several last-minute adjustments to her Spring Statement aimed at maintaining fiscal stability and preserving confidence in the official budget forecasts p...
Read Full Article →Top private school warns Reeves’ ‘unwelcome’ tax hikes will cost millions
Gresham’s School, a prominent UK private institution, anticipates significant financial strain due to recent tax increases, prompting plans to implement measures aimed at managing...
Read Full Article →How Rachel Reeves could change the cash ISA
Upcoming government proposals may alter the rules governing tax-free savings accounts, potentially impacting the maximum amount individuals can deposit without incurring taxes.
Read Full Article →Analysis: What is in the US-UK trade deal and what does it mean?
The agreement marks a notable shift in international commerce, potentially boosting economic ties between the two countries and influencing market confidence amid ongoing global tr...
Read Full Article →TSB Bank’s profit rockets from stamp duty rush and cost-cutting
TSB Bank’s first-quarter earnings surged by 89 percent year-over-year, driven by reduced operating costs and increased transaction volumes ahead of regulatory changes, resulting in...
Read Full Article →Terry Smith: Reeves must drop tax hikes to attract UK investment
Prominent investor Terry Smith emphasized that reducing planned fiscal increases could enhance the UK’s appeal to investors, potentially stimulating growth and improving the overal...
Read Full Article →Friedrich Merz fails in initial vote to become Germany’s chancellor
The unexpected defeat of Friedrich Merz in the first round of the chancellor election caused fluctuations in financial markets, reflecting investor uncertainty about Germany's poli...
Read Full Article →UK services sent into decline amid ‘market turbulence’
In April, instability in the market led to a contraction in the UK services sector for the first time in 18 months, raising concerns about the potential financial impact of recent...
Read Full Article →Non-doms tax changes could lead to ‘billions’ in losses for Reeves
Recent modifications to tax regulations targeting wealthy non-domiciled individuals may result in substantial revenue shortfalls, potentially costing the government billions rather...
Read Full Article →Rachel Reeves has promised UK fintech the world – now she must deliver
The upcoming release of the Treasury’s Financial Services Growth and Competitiveness Strategy is expected to play a crucial role in shaping the future economic impact and global st...
Read Full Article →IoD: Business leaders remain frustrated with Reeves
A recent survey indicates that UK business leaders are increasingly pessimistic about wage growth and facing high costs, which may lead to ongoing frustrations with Chancellor Reev...
Read Full Article →Reeves: There is a deal to be done with the US
Chancellor Rachel Reeves emphasized the potential for a financial agreement during her upcoming discussions with the US counterpart in Washington, highlighting the importance of in...
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