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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 →Tax hikes dragging investment to worst level since pandemic, CBI says
Recent increases in employment-related taxes have led businesses to reduce their investment activities significantly, resulting in the lowest commitment to spending on assets in ha...
Read Full Article →Reeves’ tax hikes force Timothy Taylor to raise price of a pint
Increased government taxes and reduced business support have led Timothy Taylor to raise product prices due to rising operational costs and a challenging economic and regulatory la...
Read Full Article →‘A tax burden without precedent in the 21st Century’: Pub chain McMullen’s blasts government tax hik...
McMullen’s, a major UK pub operator, warns that recent increases in government taxation could reduce consumer spending and investment, significantly impacting profitability within...
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 →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 →London defies ‘Awful April’ slump with more job postings
Despite broader economic challenges, London experienced an increase in employment opportunities, indicating resilience in its labor market and potentially supporting continued fina...
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