Wealth creators are right to be nervous September 24, 2024 The Chancellor insisted yesterday that the proceeds of economic growth must be “felt by the many,” in a line that echoed the commitment made by David Cameron 15 years ago to “share the proceeds of growth.” Rachel Reeves would not be comfortable with such a comparison, and as if to make that very point she [...]
Has Labour overdone the doom and gloom? September 24, 2024 Many economists and City business groups have argued that this risks damaging growth. After all, why would households spend and businesses invest in a climate of fear?
UK family businesses fear ‘dishonesty’ in Labour’s tax plans September 24, 2024 UK family businesses are beginning to fear dishonesty within Labour's tax plans set to be revealed in the upcoming Autumn budget, a new poll has found.
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 [...]
UK economy: Growth continues but budget concerns ‘jangling nerves’ September 23, 2024 PMIs, which measure business activity in the private sector, are closely watched for clues about the economy’s performance.
Labour conference: Reeves challenged over consumer ‘fear and foreboding’ September 23, 2024 Rachel Reeves has been challenged over claims the government has “generated a fear and foreboding” among consumers – but insisted she was “optimistic” about the economy. Ahead of her keynote speech to the Labour Party conference in Liverpool today, the Chancellor was challenged on Sky News over last week’s fall in consumer confidence to the [...]
Labour’s public investment quandary September 23, 2024 Many economists think low levels of investment have contributed to the UK's sluggish productivity growth, particularly since the financial crisis.
AI companies are racing to rescue the NHS September 23, 2024 An official review by Lord Darzi revealed recently that the NHS is in “critical condition” following years of underfunding. The review found that the NHS is battling soaring demand, poor productivity, financial pressures and low staff morale. “It’s not just the state of our National Health Service in crisis – it’s also the state of [...]
Donations a ‘feature of our politics’, Angela Rayner tells BBC amid gifts row September 22, 2024 Donations to MPs are “a feature of our politics”, Angela Rayner has insisted amid a row over Labour politicians accepting gifts and freebies. Prime Minister Sir Keir Starmer had come in for criticism in the past week over accepting more than £100,000-worth of gifts, including tickets to football matches, concerts and luxury clothes. But he, [...]