What the City of London wants from Reeves’s Mansion House speech November 12, 2024 Treasury officials have been hitting the phones to City firms over the past two weeks as Rachel Reeves prepares to deliver the government’s annual Mansion House speech to the financial services sector. The backdrop is a fractious one for the Chancellor. While the Labour party built cordial ties with the Square Mile in the run [...]
You know what won’t improve state efficiency? More watchdogs November 12, 2024 Donald Trump and Keir Starmer agree on one thing at least: their governments need reforming and to be much more efficient. Sadly for those on this side of the Atlantic, our value-for-money policies inspire little confidence. The UK already needed radical attention but Labour’s first Budget has raised the stakes even higher. As the Office [...]
Investment can boost growth – if it comes with technological progress November 6, 2024 Economic theory does regard capital investment as a contributor to economic growth, but there is another essential factor: technical progress, says Paul Ormerod The need to boost the UK’s rate of economic growth was a central theme of the first budget delivered by Rachel Reeves, the Chancellor. Reeves emphasised the importance of increasing the amount [...]
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 [...]
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?
Top economists cast doubt on Reeves’ Budget growth pledge November 4, 2024 Top economists are split on whether last week's Budget will deliver a boost to the UK economy over the next five years, a City AM poll has revealed, as the Chancellor tries to calm markets.
Don’t be fooled – Britain’s entrepreneurs are here to stay November 2, 2024 The run-up to this week’s highly-anticipated Budget was filled to the brim with an overwhelming amount of uncertainty. But what's really next for Britain's entrepreneurs?
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 playing ‘same silly games’ as her predecessors, IFS says October 31, 2024 The Chancellor Rachel Reeves has been accused of playing the “same silly games” as her predecessors after forecasting that public spending will tail off towards the end of this parliament following a short-term spike.
Gilts, sterling and FTSE 250 slump as markets digest Budget borrowing plans October 31, 2024 UK government borrowing costs have climbed to their highest level this year as investors digested the impact of the new government's first Budget.