After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Retail sales fall faster than expected ahead of Budget October 23, 2026 Retail sales fell at a faster pace than expected in September, new figures have shown, as consumer confidence suffered a major drop ahead of the Budget. Total sales at retailers fell 0.4 per cent in September, according to the Office for National Statistics (ONS), a bigger drop than the 0.1 per cent forecast by City [...]
Healey moves to slash red tape and save firms £800m a year October 23, 2026 Chancellor John Healey has said a package to streamline regulation on reporting requirements as well as further tariff reductions will save businesses around £800m a year. In a pre-Budget announcement to offer “breathing space” to businesses, Healey confirmed that the government would make reporting requirements for firms and asset managers easier. The changes on reporting [...]
Getting closer to the EU is a sop to Burnham’s socialist backbenchers October 23, 2026 Andy Burnham wants to undo Brexit because he’s given on the supply side reforms Britain needs for growth, says Joseph Dinnage October is always grim. The temperature drops, the rain begins and the darkness sets in. This month is poised to be even drearier than usual. In a week’s time, we’ll have John Healey’s first Budget. Healey [...]
Ditching a damaging capital gains tax rise doesn’t make Healey a pro-growth Chancellor October 22, 2026 Although the government has ruled out raising Capital Gains Tax in the upcoming budget, Labour’s broader tax and spending policies remain economically damaging, uncompetitive, and fundamentally misguided, says Daniel Herring The government needs to find money for the upcoming Budget. Having ruled out the least damaging and broadest-based tax rises, Labour needs to resort to [...]
A bigger carrot, not a smaller stick, is needed to lure back the wealthy October 22, 2026 Those who left the UK for wealth purposes are not yet thinking about coming back. If Healey wants the wealthy back, they'll need an incentive
Ex-cost of living adviser Richard Walker demands ‘aggressive’ tax reform October 21, 2026 Lord Richard Walker, the Iceland boss who advised the Sir Keir Starmer government on the cost of living, has called on Andy Burnham and John Healey to unleash “aggressive” tax reform to encourage firms to invest and hire more young people. In a paper for the Blairite think tank Progress, Walker made a series of [...]
Healey weighs removing standing charges on gas bills October 21, 2026 Chancellor John Healey is looking at cutting standing charges on gas bills as part of the government’s push to cut household energy costs, the Prime Minister has announced. Speaking in the House of Commons today, Andy Burnham said he had asked the Chancellor and the energy secretary, Miatta Fahnbulleh, to consider stripping “unfair” standing charges [...]
Budget 2026: Healey warned betting tax hikes could hit non-league football October 21, 2026 The Chancellor has been warned that tax rises on betting operators could have an impact on non-league football amid duty hike fears at next week’s Budget. Chancellor John Healey will next week deliver Andy Burnham’s first Budget since his coronation as Prime Minister earlier this year, and taxes are expected to be jacked up on [...]
Healey’s fiscal ‘dilemma’ ahead of the Budget October 21, 2026 Forecasters sitting in a small office at the top of the Ministry of Justice building have had their work cut out this week. A week from the Budget, the headquarters for the Office for Budget Responsibility, the independent fiscal watchdog, is likely to be buzzing with staff members double-checking details and estimates in its crucial [...]
UK debt pile exceeds £3 trillion one week before Healey’s Budget October 21, 2026 The size of the UK public debt topped £3 trillion in September for the first time in official data released one week before John Healey’s Budget. The major milestone reflects the difficulties facing the Chancellor ahead of his maiden fiscal statement. As a share of GDP, public sector debt stood at 94 per cent, about [...]