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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...
Read Full Article →Rachel Reeves’ tax hikes to cost Timpson £12m extra a year
The recent adjustments to employer National Insurance and minimum wage rates are expected to increase operational expenses for Timpson’s company by approximately £12 million annual...
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 →Next warns impact of tax hikes could hit sales
Despite stronger-than-anticipated revenue growth earlier in the year, Next indicated that increased taxation may reduce consumer spending power, potentially leading to slower sales...
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...
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