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Treasury

  • HMRC v Snacks: Legal tax battles over the UK’s favourites

    March 28, 2025

    There is one tax that has turned a biscuit into a legal battle and a marshmallow into a courtroom mystery, while causing confusion at businesses

  • The Capitalist: Royal Exchange climbers, Severance stunt and a Treasury typo

    March 27, 2025

    Protesters scale the Royal Exchange, Severance stars join the commute and a Treasury typo; catch up on the latest drama in The Capitalist.

  • Mid-sized firms ‘considering leaving UK’ as pressure on Reeves heats up

    March 26, 2025

    Around a third of mid-sized businesses are considering leaving the UK in the next two years, a new survey has suggested, as Chancellor Rachel Reeves faces intense pressure to make business-friendly announcements at the Spring Statement.  The Treasury is set to unlock fresh funding for the construction sector with up to £600m to be spent [...]

  • Spring Statement 2025: What is it – and when will Rachel Reeves speak?

    March 25, 2025

    Chancellor Rachel Reeves is set to update MPs on the state of the UK economy and make a range of economic policy announcements on Wednesday afternoon at the Spring Statement.  She is also set to give updates on the government’s plan to go “further and faster” on delivering growth. The Spring Statement will come as [...]

  • Analysis: Why Reeves faces political pressure over the Spring Statement

    March 25, 2025

    Over the next 24 hours, Rachel Reeves will be putting the finishing touches to Wednesday’s Spring Statement. It marks her second fiscal event as Chancellor, and – despite the promised manifesto commitment of “one major fiscal event a year” – the economic backdrop, and wider political pressure, makes it hard to see the contents of [...]

  • Rachel Reeves takes leaf out of gardening manual– but don’t expect flowery days to come

    March 24, 2025

    Gardening is typically something career politicians only enjoy once they have retired. But Rachel Reeves appears to be paying homage to the green-fingered guru Alan Titchmarsh in the lead-up to her Spring Statement to be delivered this Wednesday. In one video viewed 111,000 times on Youtube, Titchmarsh offers a tutorial on how to get “free [...]

  • Spring Statement won’t ‘alter basics’, Starmer insists, amid tax cuts reports

    March 24, 2025

    The Spring Statement this week will not “alter the basics” of public spending plans, Sir Keir Starmer has insisted.

  • Chancellor rules out ‘tax and spend’ policies ahead of spring statement

    March 22, 2025

    The Chancellor has ruled out “tax and spend” policies ahead of her spring statement next week. Rachel Reeves is under pressure to increase taxes or cut spending to meet the financial rules she set at the budget in October amid disappointing growth figures and higher-than-expected borrowing. Figures released on Friday came as a further blow, [...]

  • ‘Fighting to overturn cruel tax’: Parties gear up for legal fight over private school fees

    March 21, 2025

    Three claimant groups gear up for a legal challenge of the government's VAT policy on private schools next month

  • Keir Starmer vows to cut costs for business and ‘unleash’ private sector

    March 17, 2025

    Sir Keir Starmer has vowed to cut costs for businesses and “unleash the power of the private sector” in a bid to deliver economic growth. Writing for City PM the Prime Minister described it as “an outrage” that the government “does not know how much it costs business to comply with the regulations imposed on [...]

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