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Rachel Reeves

  • 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 [...]

  • Mortgage approvals fall faster than expected in wake of Budget

    January 3, 2025

    65,700 mortgages were approved in November, down from 68,300 in October and comfortably below economists' expectations.

  • Businesses gloomy about state of economy before Budget tax rises

    January 3, 2025

    Business leaders remain gloomy about the state of the economy entering the New Year, a new survey shows, as they anticipate the impact of the Budget’s tax increases. The Institute of Directors’ economic confidence index, which measures business sentiment about the economy, rose to -61 in December, up from -65 the month before but still [...]

  • Firms hiring low-wage workers set for tax bill hike, CPS think tank warns

    January 3, 2025

    The cost of employing low-wage workers is set to hit a record high in 2025, according to new analysis. Businesses employing low-wage workers will see their tax bills soar, the Centre for Policy Studies (CPS) has warned, after research found the rise in employer’s national insurance contributions (NICs) led to a 60 per cent tax [...]

  • Spectre of another Labour tax raid haunts savers

    January 2, 2025

    83 per cent of customers surveyed by the retail investment platform said they were either very concerned or somewhat concerned about tax increases in 2025.

  • KPMG: UK households plan to splash the cash in 2025

    December 31, 2024

    The positive picture from households contrasted with a more gloomy view about the state of the economy more broadly.

  • Can you match the quote to the MP who said it in 2024?

    December 30, 2024

    From election campaigning, to Labour’s first months in office, 2024 has been chock-full of memorable political moments. And for our politicians, the past 12 months have seen some memorable quotes enter the record books too. Take a look back at our 2024 quotes quiz and test your political memory.

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