Labour’s National Wealth Fund slammed for ‘completely misleading’ rebrand March 25, 2025 The government has been accused of “gaslighting the British public” over its National Wealth Fund as the Treasury committee announced on Monday it had launched an inquiry into the new body. Originally a fixture of Labour’s 2024 manifesto – the National Wealth Fund was to consolidate the British Business Bank and the UK Infrastructure Bank, [...]
‘Corporate purpose? It went too far’, says man behind Britain’s Davos March 25, 2025 John O’Brien founded Anthropy – an annual gathering of corporate and political luminaries dubbed ‘Britain’s Davos’ – to help the UK ‘build back better’ from the pandemic. On the eve of its third instalment in the Eden Project’s greenery, Ali Lyon asks the ex-army captain, “Has it failed?” It is October 2022, and a group [...]
Reeves will have to get real and raise taxes March 25, 2025 Despite frantic denials, the debt burden means Rachel Reeves will soon have to revisit promises she made on tax in the care-free days of opposition, says Vince Cable The Chancellor has many competing priorities on Wednesday: a big rise in defence spending; keeping the NHS afloat; honouring promises not to raise taxes on income and [...]
Will a tax raid tomorrow prove too tempting for Reeves? March 25, 2025 Emergency Budgets are a bad idea, but with the economic changing fast Reeves may not have the luxury of waiting until Autumn to raise taxes, says Tim Sarson Last autumn, after a long, long summer of speculation and rumour, our newly installed Chancellor of the exchequer Rachel Reeves delivered what she promised would be the [...]
Rachel Reeves takes leaf out of gardening manual– but don’t expect flowery days to come March 24, 2025 Gardening is typically something career politicians only enjoy once they have retired. But Rachel Reeves appears to be paying homage to the green-fingered guru Alan Titchmarsh in the lead-up to her Spring Statement to be delivered this Wednesday. In one video viewed 111,000 times on Youtube, Titchmarsh offers a tutorial on how to get “free [...]
Property and the Spring Statement: Is anything going to change? March 24, 2025 Labour faces some tough choices with its Spring Statement: after increasing business taxes and public spending last autumn, the government now has to grapple with unhappy companies and a maxed-out credit card. The last budget was a mixed bag for the property market: there was widespread concern amongst landlords that the government would hike up [...]
Small businesses at ‘breaking point’ ahead of Spring Statement March 24, 2025 Small businesses are at “breaking point” just days ahead of Rachel Reeves‘ Spring Statement, an insurance boss has warned. Almost one in five small business owners have said they will be forced out of business within a year due to bleak economic conditions, according to data from Simply Business. As many fear the increasing costs [...]
Reeves told to use Spring Statement to fix ‘unintended consequences’ of Budget March 24, 2025 Rachel Reeves must use the Spring Statement to fix the “unintended consequences” of her Autumn Budget, the boss of a tax services firm has said. Tom Shave, President of the Europe and Asia-Pacific division at Ryan, has urged the Chancellor to use Wednesday’s update to provide businesses under economic pressure necessary support. Shave anticipated Reeves’ [...]
Spring Statement 2025: Reeves urged to fund Bakerloo Line and HS2 Euston March 24, 2025 London’s property sector has called on Rachel Reeves to introduce new funding models in the Spring Statement to prevent critical transport projects, such as HS2 Euston in the UK capital from stalling. The London Property Alliance, which represents real estate developers and investors, said the government “must be bold” if it wants to move forward [...]
Spring Statement won’t ‘alter basics’, Starmer insists, amid tax cuts reports March 24, 2025 The Spring Statement this week will not “alter the basics” of public spending plans, Sir Keir Starmer has insisted.