‘Time is running out for the economy’: UK’s tax level highest on record December 11, 2023 THE UK’s tax level has soared to an all time high, according to new figures, raising deep concerns about the nation’s appeal to businesses and investors.
Bank of England, Federal Reserve and ECB expected to keep interest rates on hold this week December 11, 2023 The Bank of England will likely hold interest rates for the third time in a row on Thursday, according to economists.
Saudi-owned Champions League, obesity crisis and EU wealth tax: Danish bank’s ‘outrageous’ 2024 predictions December 5, 2023 Saxo Bank has published the latest in an annual series of "outrageous predictions" for next year, including a global Champions League owned by Saudi Arabia, a health crisis triggered by obesity drugs and a two per cent EU wealth tax.
UK’s biggest firms responsible for 10 per cent of entire Treasury take last year December 5, 2023 Tax contributions from the UK's biggest firms edged towards the £100bn mark in the last financial year
Jeremy Hunt: UK economy has a ‘sprain’ – but it’s not as bad as a broken leg December 4, 2023 Jeremy Hunt has denied the UK economy has a “broken leg," although he admitted it is suffering from a “sprained ankle."
Just 100,000 Brits pay a quarter of all income and capital gains tax December 4, 2023 Britain’s top 100,000 taxpayers paid almost a quarter (24 per cent) of all income and capital gains tax in 2021/22, despite making up just 0.3 per cent of taxpayers, according to data obtained by retail investment group Wealth Club.
Use strength in services to break UK’s low growth trap, think tank urges December 4, 2023 The UK needs to capitalise on its position as a "services superpower" to help break its "toxic combination" of low growth and high inequality, a top think tank has warned.
Week ahead: US jobs, Berkeley and Ashtead Group December 3, 2023 Markets are bracing for next week's US jobs data and key results from housebuilder Berkeley and the equipment rental giant Ashtead Group.
UK ‘turning a corner’ as manufacturing decline slows December 1, 2023 The UK's manufacturing sector appears to have taken a potential turn as November witnessed a slight improvement, beating forecasts.
Interest rates to remain ‘higher for longer’ if ‘experimental’ data turns out to be true November 30, 2023 The figures were published by the Office for National Statistics (ONS) last month and are based on the earliest indicators from the Transformed Labour Force Survey, which the ONS hopes to roll out next March.