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Reeves

  • Greene King landlords plea for Rachel Reeves to cut bills

    September 1, 2025

    More than 600 Greene King landlords have called on Chancellor Rachel Reeves to lower taxes for pubs ahead of the Autumn Budget as the sector grapples with ever-rising costs. The hospitality industry has been vocal about the cost pressures it has been facing since the Covid-19 pandemic began in 2020, with businesses facing surging energy, [...]

  • Butlin’s boss: We’re not going to tax ourselves to success

    August 26, 2025

    The chief executive of holiday park chain Butlin’s has hit out at Chancellor Rachel Reeves after saying increases taxes on businesses is not the way to improve the UK economy. Speaking on an up-coming episode of City AM‘s Boardroom Uncovered show, Jon Hendry Pickup said the country is “not going to tax ourselves to success” [...]

  • Government takes control of UK’s third-largest steelworks after collapse

    August 21, 2025

    The UK government has taken control of the country’s third-largest steelworks as near 1,500 workers face uncertainty. Speciality Steels UK (SSUK), which owns major sites such as Liberty Steel in Rotherham, South Yorkshire, was put into compulsory liquidation after insolvency courts granted a winding-up order sought by creditors. The creditors said they were owned hundreds [...]

  • Rachel Reeves’ stealth tax raid to slap extra £7,000 on high earners

    August 21, 2025

    Rachel Reeves would force Britain’s high earners to face a mounting tax burden if she opts to extend the freeze on income tax thresholds in the autumn Budget. The Chancellor would slap an extra £7,000 in income tax on Brits earning over £100,000 if the freeze is maintained, analysis from wealth manager Rathbones reveals. An [...]

  • Rachel Reeves to slash environmental protections to boost builders

    August 18, 2025

    Rachel Reeves is looking to take the axe to environmental protections blocking infrastructure projects in a bid to boost Labour’s building pledges. The Chancellor is considering reforms to prevent nature concerns from inhibiting new developments as she desperately looks to supercharge her growth agenda. Labour’s Planning and Infrastructure bill is in the committee stage at [...]

  • Rachel Reeves told to ‘get out of the way’ ahead of Autumn Budget

    August 13, 2025

    Chancellor Rachel Reeves has been told to “let businesses get on with it and get out of the way” ahead of delivering her second Autumn Budget in the coming months. A group of 1,500 private business leaders surveyed by KPMG said the Chancellor should focus on promoting higher wages and lower costs for companies. They [...]

  • Iceland in the red as Rachel Reeves’ tax raid forces prices higher

    August 8, 2025

    Iceland has warned it is being forced to increases prices because of Chancellor Rachel Reeves’ tax raids as the supermarket chain fell into the red. The Flintshire-headquartered said that while it is “doing our utmost” to offset increasing costs arising from last year’s Autumn Budget, it will “inevitably have to pass some of these on [...]

  • Rachel Reeves’ Autumn Budget still causing negativity – CBI

    July 30, 2025

    A streak of negative business sentiment has now lasted 10 months, a leading industry body has suggested, in further evidence that employers have struggled to turn a page on Chancellor Rachel Reeves’ £40bn tax raid at last year’s Autumn Budget.  Prime Minister Sir Keir Starmer has repeatedly told MPs that business confidence was edging higher, [...]

  • UK risks squandering AI investment without urgent action on data centres

    July 30, 2025

    The UK could lose out on billions of pounds in AI investment unless it tackles growing obstacles to data centre development, a new report has warned, as infrastructure experts urge the government to move faster on planning reform and energy policy. The ‘how to make the UK an AI leader’ report, published by techUK, the [...]

  • UK SMEs paralysed by fear despite ‘sitting on piles of cash’

    July 17, 2025

    Small-to-medium sized companies in the UK (SMEs) are “paralysed by fear” because of geopolitical uncertainty and a lack of clear economic policy, according to new research. Accounting and advisory group Azets said a large number of SMEs are “sitting on significant piles of cash” but are nevertheless holding back on investment. The warning, issued by [...]

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