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Labour

  • Autumn Budget: Reeves must focus on growth, not ‘gimmicks’

    October 16, 2025

    Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, the chief executive of founders club Helm calls for bold innovation policies took take centre stage. Chancellor Rachel Reeves should use her second Autumn Budget to make bolder swings for the UK’s innovation economy [...]

  • Leading economist slams ‘myth’ that landlords are under-taxed

    October 15, 2025

    Tax hikes for landlords will be damaging to the economy and are based on a lack of understanding about investors, according to a leading economist. Paul Johnson, the former head of the Institute for Fiscal Studies, said that the UK “need[s] to think very carefully about how to tax housing and how to tax rental [...]

  • Starmer attempts to defuse China spy fiasco as tempers flare

    October 15, 2025

    Keir Starmer is looking to defuse a fiasco surrounding the collapse of an alleged Chinese spy case in parliament in the face of ongoing questions over whether national security advisers discussed the details of the case in private meetings.  Starmer told MPs at Prime Minister’s Questions on Wednesday that the government would release witness statements [...]

  • Starmer’s business adviser is ‘frontrunner’ to be US ambassador

    October 15, 2025

    Keir Starmer’s business adviser is a frontrunner to replace Peter Mandelson as the UK’s ambassador to the US, according to reports.  Varun Chandra, a former venture capital executive who has had to curry favour with business leaders and investors in a difficult year for the UK economy, is being considered for the important diplomatic role [...]

  • Rachel Reeves: We are looking at tax hikes 

    October 15, 2025

    Chancellor Rachel Reeves has revealed the government is considering making tax hikes at this year’s Budget, the first time she has made the admission in public.   In an interview with Sky News, Reeves admitted that the government was considering raising tax and cutting spending to fill a fiscal hole.  The Chancellor said she would “always [...]

  • Scotch Whisky Association calls for spirits duty freeze as industry headwinds grow

    October 15, 2025

    The Scotch Whisky Association (SWA) has urged the UK Government to impose a multi-year freeze on spirits duty, warning that continued inaction threatens jobs, investment and Treasury revenues. In a submission ahead of the autumn Budget, the trade body stated that recent duty increases had cost the Treasury £700m while placing a £12 tax burden [...]

  • Reeves to limit legal challenges to key infrastructure projects

    October 15, 2025

    Chancellor Rachel Reeves has ordered courts to open hearings on judicial review processes which could threaten to block critical infrastructure projects within four months of an application being made as part of a pre-Budget rush to introduce growth-inducing reforms.  As part of a new set of planning-related proposals on Wednesday, the High Court will have [...]

  • Self-inflicted damage makes mockery of government growth pledge

    October 15, 2025

    Back in June, before Donald Trump orchestrated a tentative peace in the Middle East, he reacted with fury to Israel and Iran’s escalating exchange of missile and drone attacks, telling reporters “they don’t know what the f**k they’re doing.” Sometimes undiplomatic language has its place, even in high-stakes diplomacy. I was reminded of this approach [...]

  • IMF downgrades UK growth and warns inflation will be highest in G7

    October 14, 2025

    Inflation in the UK is set to surge above all G7 countries in the next two years while growth per capita will lag behind the average across advanced economies, the International Monetary Fund (IMF) has predicted.  In its World Economic Outlook report, the IMF has said that inflation in the UK will remain higher than [...]

  • UK economy set for marginal August growth 

    October 14, 2025

    The UK economy is expected to have marginally grown in August after a sharp slowdown in activity in the second half of the year.  A Bloomberg poll of economists suggests the UK economy is expected to grow by just 0.1 per cent over the one-month period, with a contraction of 0.2 per cent in the [...]

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