Finance News – Tax Hikes

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Tax hikes × Uk ×

City A.M. • May 16, 2025

Rachel Reeves’ tax hikes to cost Timpson £12m extra a year

The recent adjustments to employer-related taxes and wage requirements are expected to reduce Timpson’s annual profits by approximately £12 million, impacting the company’s future...

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City A.M. • May 13, 2025

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...

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City A.M. • May 08, 2025

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...

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City A.M. • May 06, 2025

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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