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Treasury

  • 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.

  • 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.

  • Rachel Reeves: ‘I think we will have to increase taxes’

    July 31, 2024

    Speaking on the News Agents podcast, Rachel Reeves said "I think we will have to increase taxes in the Budget".

  • Chancellor’s move to cut infrastructure projects threatens growth, economists warn

    July 30, 2024

    Rachel Reeves' decision to make immediate cuts to capital spending has shaken a number of top economists, who have said they are deeply concerned about the potential knock-on impacts on the UK's economic growth.

  • Experts react to Reeves: The finances might be worse than expected – but tax hikes are still coming

    July 30, 2024

    While Rachel Reeves laid out a fiscal inheritance that was worse than many had anticipated, tax rises are almost certainly on the way, economists and experts have said in reaction to the Chancellor's speech today.

  • Nobody could have known how bad the economy was, but we will fix it

    July 30, 2024

    City A.M. readers deserve a government that offers a realistic plan to seize growth, support the City to flourish and make every part of the country better off, says Tulip Siddiq We were elected on a mandate to deliver change. That means being honest with the public about the scale of the challenge in front [...]

  • Rachel Reeves reveals plans to cut spending by £5.5bn and address ‘unforgivable’ inheritance

    July 29, 2024

    Rachel Reeves announced spending cuts worth £5.5bn as the new government seeks to address a £22bn black hole in the public finances.

  • C-suite executives list tax certainty as a priority from Reeves, survey finds

    July 29, 2024

    Clarity on tax is the number most important thing bosses want from the new government, a survey of C suite execs has found.

  • Treasury fails to deny capital gains tax hike as Reeves readies ‘broken’ finances warning

    July 28, 2024

    Rachel Reeves is set to warn of the "broken" state of the UK's public finances in a speech on Monday, as rumours of a hike in capital gains tax continue to swirl.

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