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Labour

  • 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 [...]

  • 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 has chosen decline

    October 31, 2024

    Labour have stuck to the line that they had “no choice” but to make “tough decisions”, but Rachel Reeves had an opportunity to put forward a Budget to kickstart economic growth, and she chose to do the opposite, says James Vitali “Politics is always a choice”, the Prime Minister said on Monday during a pre-Budget [...]

  • Halloween Budget could still give businesses a fright in the night

    October 31, 2024

    The Budget was not as shocking as some were expecting, but a few things could still go bump in the night, says Tim Sarson Today saw the delivery of one of the most hotly anticipated Budgets in living memory. After 14 years in opposition and an election manifesto with relatively muted tax rises, it must [...]

  • Labour’s inheritance tax reforms ‘threaten the very fabric of the countryside’

    October 31, 2024

    In yesterday's Budget, the Chancellor announced a sweeping overhaul of the inheritance tax system, including changes to a relief which had allowed agricultural land to be passed on tax-free.

  • What will the Budget mean for the UK economy?

    October 31, 2024

    “This budget delivers one of the largest increases in spending, tax and borrowing of any fiscal event in history,” Richard Hughes, chair of the OBR said.

  • Labour’s tax raid is an act of spectacular dishonesty

    October 31, 2024

    Warming up for the Budget in the Commons yesterday, Rishi Sunak and Keir Starmer engaged in a civilised, warm exchange in honour of the former’s final outing as Leader of the Opposition. They joked about cricket, Yorkshire and life as a constituency MP. Within a couple of hours, Sunak was back on his feet delivering [...]

  • Budget 2024: Backbenchers and bus fares – the political traps to dodge?

    October 30, 2024

    For any Chancellor, their first Budget is always going to be a major event. But for Rachel Reeves, taking to the despatch box today as Britain’s first female top finance minister, she will – one way or another – be making history. The details laid out in Labour’s first Budget after 14 years in opposition [...]

  • Autumn Budget 2024: UK government bonds volatile as FTSE 100 dips

    October 30, 2024

    Financial markets have wobbled in response to the new government's maiden Budget, with gilt yields jumping and the FTSE 100 ticking down.

  • Why Rachel Reeves’s Budget is making businesses nervous | Bonds & Ballots

    October 30, 2024

    City AM’s City Editor Charlie Conchie takes a look at all the alarms in the run-up to Labour’s first budget.

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