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Reeves to lay out 10-year infrastructure plan worth £725bn
The upcoming infrastructure strategy aims to allocate substantial government funding over the next decade to enhance national growth and improve public services throughout the Unit...
Read Full Article →Big cities, big potential: The Spending Review rightly prioritises urban growth
The recent fiscal plan allocates increased resources to urban areas, aiming to enhance infrastructure and innovation, which is expected to improve economic performance and contribu...
Read Full Article →Reeves’ spending spree could open £20bn gap – which taxes will rise?
The substantial increase in government expenditure may create a significant budget shortfall, potentially leading to higher taxes if the anticipated economic growth does not materi...
Read Full Article →Only roaring growth can save Reeves, and the country
Sustained and rapid economic expansion is crucial for Reeves and the nation to improve fiscal stability and address ongoing financial challenges effectively.
Read Full Article →Economists warn Rachel Reeves could be forced to make ‘£20bn tax grab’
Following the announcement of increased government expenditures across various sectors, experts indicate that significant revenue increases may be necessary to address fiscal chall...
Read Full Article →Reform and Tories aligned on Spending Review criticism
The opposition has raised concerns about the government's fiscal strategy, highlighting significant increases in expenditure and borrowing that may impact economic stability throug...
Read Full Article →Spending Review: Gilt yields dip in relief for Rachel Reeves
Following the announcement of the government's Spending Review, UK government bond yields declined slightly, indicating investor confidence in the management of increased expenditu...
Read Full Article →Spending Review: Reeves piles billions into tech as firms cool on UK
The government significantly increased investment in research and development to support technological progress, despite recent withdrawals of several technology companies from the...
Read Full Article →Spending Review: Whitehall faces axe to fund Reeves’ spending spree
Significant reductions in budgets for key government departments will be implemented to allocate substantial funding toward healthcare improvements and advancements in artificial i...
Read Full Article →Spending Review: Reeves promises UK will become defence ‘superpower’
Chancellor Rachel Reeves announced an increase in military expenditure to 2.6 percent of GDP by 2027, indicating a significant boost in the UK’s defense-related financial commitmen...
Read Full Article →Unemployment creeps up as firms cut jobs following Reeves tax raid
Recent job reductions by companies have led to a slight increase in the unemployment rate, potentially challenging government efforts to stimulate economic growth and improve emplo...
Read Full Article →Green light for Sizewell C as £14.2bn to go to major nuclear project as part of Spending Review
The government’s allocation of £14.2 billion to the Sizewell C project highlights a substantial investment in expanding nuclear energy infrastructure within the UK’s broader Spendi...
Read Full Article →Reeves’ central mission is in tatters
The recent poll highlights the Chancellor’s weakened standing, suggesting that the upcoming fiscal plan may face challenges in gaining public and political support amid ongoing eco...
Read Full Article →London ‘left out’ of Reeves’ spending review
London is expected to receive limited funding in the forthcoming budget, potentially affecting planned transport expansions such as the Bakerloo line extension and the DLR connecti...
Read Full Article →Cut net zero and welfare spending instead of police budget, Tory MP blasts
A Tory MP argued that government funds for environmental goals and social support should be reduced rather than police financing, emphasizing the importance of maintaining law enfo...
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 →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 →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 →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 →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 →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...
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