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Economics

  • Eurozone inflation rises faster than expected in October

    October 31, 2024

    New 'flash' figures from Eurostat showed that inflation rose back up to 2.0 per cent, rising from 1.7 per cent in September and slightly higher than markets had expected.

  • Labour’s inheritance tax reforms ‘threaten the very fabric of the countryside’

    October 31, 2024

    In yesterday's Budget, the Chancellor announced a sweeping overhaul of the inheritance tax system, including changes to a relief which had allowed agricultural land to be passed on tax-free.

  • What will the Budget mean for the UK economy?

    October 31, 2024

    “This budget delivers one of the largest increases in spending, tax and borrowing of any fiscal event in history,” Richard Hughes, chair of the OBR said.

  • Tax burden to rise to historic highs after Labour’s first Budget, OBR says

    October 30, 2024

    "This budget delivers one of the largest increases in spending, tax and borrowing of any fiscal event in history," Richard Hughes, chair of the OBR said following the Budget.

  • Autumn Budget 2024: All the key announcements

    October 30, 2024

    After weeks of speculation, Rachel Reeves has delivered her first Budget as Chancellor to the House of Commons. The Budget was the first from a Labour government in 14 years and the first one ever by a female Chancellor. The 77-minute address to MPs featured a wide range of announcements which City AM has summarized [...]

  • Autumn Budget 2024: Sweeping overhaul of inheritance tax regime revealed

    October 30, 2024

    Alongside the changes to pension pots, the Chancellor said she was changing the taxation of gifts passed on during someone's lifetime.

  • Autumn Budget 2024: OBR forecasts how much economy will grow

    October 30, 2024

    Forecasts from the Office for Budget Responsibility were published alongside the new government's first Budget.

  • Eurozone grows twice as fast as expected as Germany dodges recession

    October 30, 2024

    New 'flash' figures released by Eurostat showed that the bloc grew 0.4 per cent between July and September, accelerating from 0.2 per cent in the second quarter.

  • Autumn Budget 2024 Live: Rachel Reeves unveils sweeping tax reforms

    October 30, 2024

    Welcome to City AM’s Autumn Budget 2024 live blog in association with RBC Wealth Management. The Chancellor, Rachel Reeves, has set out out Labour’s tax and spending plans for the year ahead in the party’s first budget since coming to power over the summer. The Budget contains some of the biggest tax hikes in a [...]

  • From stress to success: The power of a financial plan

    October 30, 2024  |  Sponsored

    Finding the time to research your options, understand the detail, and put a plan together can be time-consuming and complicated.  Changes to existing regulations, such as those implemented following a government budget, can further complicate the process, leaving individuals and families seeking clarity and guidance. This is where a well-crafted financial plan and the expertise [...]

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