What is the OBR and why does it matter? March 5, 2024 Chancellor Jeremy Hunt will take centre stage tomorrow when he delivers the Spring Budget but investors are likely to pay just as much attention to the Office for Budget Responsibility (OBR).
Spring Budget 2024: Hunt’s pension reforms could ‘backfire on British business’, AJ Bell warns March 5, 2024 Forcing pension funds to disclose how much they invest in the UK companies could “backfire on British business” as savers will shun domestically-heavy schemes due to their lacklustre returns, AJ Bell has warned.
Marks boss: Running a business under this government is like ‘going up a down escalator with a rucksack on your back’ March 5, 2024 Marks and Spencer boss Stuart Machin has said operating a business under the current government is like “running up a downwards escalator with a rucksack on your back”.
Spring Budget 2024: Six things to look out for March 5, 2024 One thing is certain in the Spring Budget: Hunt will cut taxes. We do not know exactly what taxes he will cut or by how much, but with the Conservatives trailing Labour by as much as 20 percentage points, tax cuts are guaranteed.
Hunt’s misguided fiscal rules risk holding back UK growth March 5, 2024 With the Spring Budget fast approaching, the Chancellor is engaging in a dizzying array of financial gymnastics to meet his fiscal rules.
Letter to the editor: Digital skills are vital for growth March 5, 2024 [RE: Spring Budget 2024: Six things to look out for, 1 March] While the steps taken in the Autumn Statement, like permanent full expensing, were beneficial, they barely scratched the surface of the deeper issue impacting our economy – the ongoing digital skills crisis.We’ve seen first-hand that there is a tangible link between digital skills [...]
FTSE 100 today: London markets braces for cautious opening as U.S. and Asian markets slip March 5, 2024 Hong Kong and Chinese stocks fell as China set a 5% growth target. Meanwhile, Bitcoin surged past $68,000. Investors now await Fed Chair Jerome Powell's testimony for market insights.
Spring Budget 2024: Investment trusts push for fee disclosure changes March 4, 2024 The issue of fee disclosure has long been an issue for the sector, with the Association of Investment Companies (AIC) leading the charge against this 'double dipping'.
Spring Budget 2024: Calls grow for electric vehicle tax break amid sales slowdown March 4, 2024 The chancellor must end a tax on public electric car charging to ensure sales of electric vehicles keep pace, carmakers and energy firms have warned.
Spring Budget 2024: From the windfall tax to insulating homes, here’s what the energy sector can expect March 4, 2024 The laundry list of UK energy issues are unlikely to be meaningfully resolved in a tightly-managed budget