Starmer pledges ‘wealth creation’ – but can his policies deliver it? August 27, 2024 Sir Keir Starmer has cautioned voters his government’s first fiscal statement would be “short-term pain for long-term good”.
‘Painful’ Budget ahead, Keir Starmer warns in gloomy No10 speech August 27, 2024 Sir Keir Starmer has warned Brits to expect a “painful” Budget this autumn as he insisted the state of the public finances is “worse than we ever imagined”. The Prime Minister addressed the nation from the No10 Rose Garden as he cautioned voters his government’s first fiscal statement would be “short-term pain for long-term good”. [...]
Social rent increases may not ‘move dial’ on housebuilding, Rachel Reeves warned August 21, 2024 Rachel Reeves’ plans to increase social rent may not “move the dial in a material way” on council housebuilding, a corporate finance firm is warning. The Chancellor will reportedly up social rent by bringing in a decade-long formula to raise housing costs in England boosted by the CPI inflation measure – currently 2.2 per cent [...]
Public wary of tax rises as economists warn on ‘disappointing’ fiscal progress August 21, 2024 Although the public are opposed to tax rises in general, there are a couple of taxes which could go up with popular support. Perhaps unsurprisingly, these are taxes which most people do not pay.
Rachel Reeves facing ‘tough choices’ after latest UK borrowing figures August 21, 2024 Already this financial year the government has borrowed £4.7bn more than predicted by the Office for Budget Responsibility (OBR) back in March.
Health tax incentives could boost economy by £2.65bn, CBI suggests August 13, 2024 Worker health tax incentives could offer a £2.65bn boost to the economy, a business lobby organisation has suggested.
Reeves’ ready source revenue: private wealth August 5, 2024 Rachel Reeves first Budget will reveal how the government really sees the economy – and those promises of growth are looking increasingly elusive, says Eliot Wilson “I think we will have to increase taxes in the Budget,” Rachel Reeves told The News Agents podcast last week. This admission by the Chancellor followed her angry revelation [...]
Election 2024: When will the next Budget be? July 3, 2024 City A.M.’s guide to when the next Budget is likely to come and what it might look like.
National Grid set to profit from Hunt’s full-expensing tax relief scheme April 18, 2024 The National Grid has said that it expects to report higher earnings in its full-year results on 23 May, due to new reporting methodology.
Under 20 per cent of Tory 2019 voters expect to benefit from Spring Budget – poll March 25, 2024 Less than 20 per cent of Conservative 2019 voters expect to be better off thanks to the Spring Budget, a new poll has found.