City analysts ask Rachel Reeves ‘where will the tax axe fall?’ September 23, 2024 City analysts have called on Rachel Reeves to clarify where the “axe will fall” ahead of a Budget widely expected to see taxes hiked. The Chancellor delivered her keynote speech at the Labour Party conference in Liverpool on Monday where she struck a more optimistic economic tone, promising that October 30 would see a “Budget [...]
Labour conference: Reeves and Reynolds to unveil industrial strategy following ‘Budget for investment’ September 23, 2024 Rachel Reeves has announced the government will unveil its long-promised industrial strategy next month, as she vowed to deliver a “Budget for investment”. The Chancellor took an upbeat tone as she stressed that her “optimism for Britain burns brighter than ever”. Ahead of the October 30 Budget, she argued: “Growth is the challenge, and investment [...]
Reeves to strike positive tone in Party Conference speech September 23, 2024 Rachel Reeves is set to promise a Budget that will “rebuild Britain” in a speech at the Labour Party Conference that will claim that the “work of change has only just begun”. In a notably more optimistic tone than Labour has adopted in recent weeks, the Chancellor will vow to deliver a “Britain of opportunity, [...]
‘Spoonful of sugar’ to come with Budget medicine, Labour mayor suggests September 21, 2024 A Labour mayor has said he thinks there will be “a spoonful of sugar along with the medicine” in the Budget next month. Steve Rotheram, Mayor of the Liverpool City Region, told the PA news agency he believes economic growth will be delivered “through our combined authorities and through devolution”, but it could be “very [...]
Government borrowing jumps as threat of tax hikes grows September 20, 2024 The figures come just over a month before Rachel Reeves delivers her first Budget as Chancellor.
The Notebook: Investors pile into ISAs ahead of touted capital gains tax raid September 18, 2024 Investors spooked by the rumoured hike in capital gains tax are piling into ISAs, writes Interactive Investor's Myron Jobson.
Keir Starmer: Policies that inhibit growth will be in the ‘no column’ September 17, 2024 “If it promotes economic growth, it’s in the Yes column — if it is inhibiting growth, it’s in the No column,” he reportedly said.
Yes, the UK needs more investment – just not necessarily by government September 17, 2024 After all, the public sector isn't always best suited to overseeing large scale investment projects like the disastrous HS2, writes Julian Jessop
‘Expensive triple lock’ needs to be reformed to get UK finances in order, OECD says September 16, 2024 "The current fiscal trajectory is unsustainable in the long term," the Paris-based organisation said.
Calls grow for Reeves to shield employees’ shares from capital gains tax hike September 12, 2024 Calls are growing for the government to carve out an allowance on capital gains tax for employee share schemes amid fears a sweeping hike could gut the UK of talent and hammer smaller companies’ ability to retain staff.