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Budget 2024

  • UK farms could shrink ‘like Russian dolls’ amid tax row, government warned

    November 7, 2024

    The UK’s farms could be set to shrink “like Russian dolls”, the government has been warned, thanks to Labour’s inheritance tax changes announced in the Budget. Shadow business secretary – and former City minister – Andrew Griffith has cautioned that the policy could mean “like Russian dolls, with each generation that passes, you end up [...]

  • Ed Warner: Chair the football regulator? No thanks, not even for £130k

    November 7, 2024

    The job ad for the chair is being circulated widely by opponents of the concept of a regulator in the hope that a moderate rather than a zealot will land the role.

  • No10 warned over risk of ‘killing off’ family-run firms

    November 4, 2024

    Downing Street is attempting to weather a storm whipped up by entrepreneur James Dyson over changes to the inheritance tax treatment of family-run businesses. In an article in the Times, Dyson accused the government of “killing off family businesses, individual aspiration and economic growth” with their approach to death duties in the Budget. The high-profile [...]

  • No10 hits back as Dyson boss slams ‘ignorant’ and ‘spiteful’ Budget

    November 4, 2024

    Sir James Dyson has branded Rachel Reeves’ first Budget “ignorant” and “spiteful” as he accused her of “killing off family businesses, individual aspiration and economic growth”. The British entrepreneur, 77, hit out at the Chancellor following the government’s first fiscal event last week, writing in the Times newspaper that Labour “hates British families”. He cautioned [...]

  • How will Reeves’ Budget impact London transport and TfL?

    November 4, 2024

    Debate over Rachel Reeves' first budget has dominated the media. How will it impact Londoners looking to get around the capital?

  • Chancellor: I was ‘wrong’ on taxes during election

    November 3, 2024

    Chancellor Rachel Reeves has said she was “wrong” when she said during the election campaign that she would not need to raise taxes, but insisted further increases will not be needed.

  • City AM Budget Breakdown: How Rachel Reeves’ decisions will impact business

    November 1, 2024

    In partnership with Camarco, City AM unpicked the key policies of Rachel Reeves' first budget and how they will impact business.

  • Reeves’ Budget borrowing plans ‘threaten UK stability’

    November 1, 2024

    UK Chancellor Rachel Reeves’ Autumn Budget plan to rewrite fiscal rules and borrow more could jeopardise the stability of the country’s public finances, warned ratings agency Moody’s on Friday. In its first assessment of the Labour government’s Budget, Moody’s said that Reeves’ approach leaves little flexibility to manage economic shocks without breaching her newly introduced [...]

  • Budget 2024: Why the post-match politics are risky for Labour

    October 31, 2024

    After months of speculation, Rachel Reeves has finally unveiled Labour’s first Budget in power. Coming in the wake of 14 years in opposition, this big tax and spend – and borrow – document is very much an ideological project, with the NHS, schools and low-paid workers among the big winners. The Chancellor may have ditched [...]

  • Rachel Reeves hands Team GB £344m fillip for LA 2028 Olympics

    October 31, 2024

    Team GB’s Olympic and Paralympic athletes are set to receive the funding boost they have been calling for following yesterday’s Budget. Chancellor Rachel Reeves has committed to giving UK Sport £86m a year, an increase of 10 per cent on the last cycle, in the lead-up to the LA 2028 Games. UK Sport CEO Sally [...]

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