Health tax incentives could boost economy by £2.65bn, CBI suggests August 13, 2024 Worker health tax incentives could offer a £2.65bn boost to the economy, a business lobby organisation has suggested.
Blackstone chief Steve Schwarzman’s NIMBY problem: Newts in My Backyard August 7, 2024 In his day job as Blackstone’s chief executive, Stephen Schwarzman is used to dealing with slimy adversaries conspiring to prevent him from getting his way. But now the private equity boss is facing a similar problem in a more personal capacity, after the potential presence of an endangered species of newt has prevented him from [...]
Rachel Reeves’s investment cuts ‘concerning’ and send a ‘worrying signal’ says think tank August 7, 2024 In its latest set of forecasts, the National Institute for Economic and Social Research (NIESR) warned that the new government would fall well short of its growth target unless it lifted public investment.
IFS: Reeves tweaking debt rule won’t change fiscal fundamentals August 7, 2024 The Chancellor has inherited a very difficult fiscal position, with many public services in need of funding boosts while both the tax burden and national debt stand at their highest level for many decades.
‘Open for business’: Top US finance chiefs to attend UK investment summit August 6, 2024 The first US CEOs have confirmed they will attend the UK government’s international investment summit this autumn.
‘Strike the right balance’: Rachel Reeves doesn’t rule out capital gains tax hike August 6, 2024 Rachel Reeves has refused to rule out a hike to capital gains tax, insisting it was vital to “strike the right balance” when it came to fiscal policy.
Labour should increase pension contributions to get the UK economy going again August 6, 2024 In the first few weeks in office Labour has announced a number of different policies that Rachel Reeves hopes will get the British economy firing on all cylinders again. One policy that has received less attention – a review into pension adequacy – suggests that important changes might be on the way, changes which would [...]
Rachel Reeves to ‘bang drum for Britain’ on North America investment drive August 5, 2024 Rachel Reeves is set to “bang the drum for Britain abroad” as she jets to the United States and Canada in a bid to attract inward investment and confirm the UK is open for business.
Reeves’ ready source revenue: private wealth August 5, 2024 Rachel Reeves first Budget will reveal how the government really sees the economy – and those promises of growth are looking increasingly elusive, says Eliot Wilson “I think we will have to increase taxes in the Budget,” Rachel Reeves told The News Agents podcast last week. This admission by the Chancellor followed her angry revelation [...]
Bank of England chief Andrew Bailey ‘looking forward’ to serving for another four years August 4, 2024 Andrew Bailey has vowed to stay on for the duration of his eight-year term despite several calls for his resignation.