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      Rachel Reeves’ Budget was ‘monumentally mishandled,’ says London-listed bank

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Rachel Reeves

  • Go further to revive the City of London, voters tell Starmer and Reeves

    January 8, 2025

    Keir Starmer’s government must do more to support the City of London after a bruising year in which fresh IPOs have fallen off a cliff and scores of firms have been picked off by private buyers, a survey of voters has suggested. According to the first of a new monthly City AM/Freshwater Strategy poll, more [...]

  • Budget employment law changes fuel increased job insecurity

    January 7, 2025

    Around one in seven workers said that they feel insecure about their job at this time, particularly among those with a lower income, according to new polling

  • Majority of people want inheritance tax cut exclusive poll finds

    January 7, 2025

    Research from Freshwater Strategy showed that 54 per cent of voters think the controversial tax should be set at a lower level.

  • A ‘painful sequel’ to the Budget may be coming, Deutsche Bank warns

    January 7, 2025

    Businesses should brace for a “painful sequel to the autumn Budget” this year as lacklustre growth raises the threat of further tax hikes from Rachel Reeves, Deutsche Bank has warned. In a note to investors, the investment bank warned that growth was likely to slide below the Office for Budget Responsibility’s (OBR) projections in October [...]

  • UK long-term borrowing costs hit highest level since 1998

    January 7, 2025

    The price of long-term government debt jumped to its highest level since 1998 on Tuesday as investors grew nervy about the UK’s economic prospects. The yield on the 30-year gilt, which reflects the price of government borrowing, hit 5.28 per cent on Tuesday in the wake of an gilt auction conducted by the Debt Management [...]

  • How will the UK economy perform in 2025?

    January 7, 2025

    The economy has shown few signs of life since June and business surveys since October's Budget have painted an incredibly bleak picture of the year ahead.

  • Reeves employer NIC tax plans raise wind-up fears for football clubs

    January 7, 2025

    A total of 24 professional football clubs are in arrears to HMRC over PAYE debt, with experts fearing that number could rise due to Rachel Reeves’s budget. Clubs including Championship side Reading and National League Southend United are among those who received winding-up petitions from HMRC in 2024. But business experts have warned that changes [...]

  • Our polling shows hope of ‘change’ has turned to despair for Labour

    January 7, 2025

    The inaugural City AM / Freshwater Strategy poll makes grim reading for Keir Starmer as almost three-quarters believe the UK is heading in the wrong direction The inaugural City AM / Freshwater Strategy poll makes grim reading for Keir Starmer. As the Prime Minister returns from the Madeira sun to snowy London, he is met [...]

  • Labour’s China ‘audit’ is pointless. We already know Starmer’s stance on Beijing

    January 4, 2025

    Labour has clearly settled on its stance towards Beijing, let's give up the "audit" nonsense, writes Eliot Wilson.

  • Why we don’t know how much a ‘National Care Service’ could cost UK

    January 3, 2025

    Health secretary Wes Streeting has unveiled the government’s latest move towards reform of the UK’s social care system. Taking the form of an independent commission into the issue, led by Baroness Louise Casey, the review – reporting in 2026 and 2028 – will aim to build “cross-party consensus” for the creation of a new National [...]

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