Reeves has chosen decline October 31, 2024 Labour have stuck to the line that they had “no choice” but to make “tough decisions”, but Rachel Reeves had an opportunity to put forward a Budget to kickstart economic growth, and she chose to do the opposite, says James Vitali “Politics is always a choice”, the Prime Minister said on Monday during a pre-Budget [...]
Halloween Budget could still give businesses a fright in the night October 31, 2024 The Budget was not as shocking as some were expecting, but a few things could still go bump in the night, says Tim Sarson Today saw the delivery of one of the most hotly anticipated Budgets in living memory. After 14 years in opposition and an election manifesto with relatively muted tax rises, it must [...]
What will the Budget mean for the UK economy? October 31, 2024 “This budget delivers one of the largest increases in spending, tax and borrowing of any fiscal event in history,” Richard Hughes, chair of the OBR said.
Labour’s tax raid is an act of spectacular dishonesty October 31, 2024 Warming up for the Budget in the Commons yesterday, Rishi Sunak and Keir Starmer engaged in a civilised, warm exchange in honour of the former’s final outing as Leader of the Opposition. They joked about cricket, Yorkshire and life as a constituency MP. Within a couple of hours, Sunak was back on his feet delivering [...]
Tax burden to rise to historic highs after Labour’s first Budget, OBR says October 30, 2024 "This budget delivers one of the largest increases in spending, tax and borrowing of any fiscal event in history," Richard Hughes, chair of the OBR said following the Budget.
Autumn Budget 2024: Labour backs UK’s tech and creative sectors October 30, 2024 The UK’s technology and creative industries received a boost in Rachel Reeves’s Autumn Budget on Wednesday, as the Chancellor laid out capital investment plans that she said will “drive growth across the country.” Reeves confirmed plans to “capitalise” the National Wealth Fund to back industries set for future growth, including gigafactories, ports, and green hydrogen. [...]
Autumn Budget 2024: Vaping tax and tobacco duty to increase October 30, 2024 Smokers and vapers are set to pay more in Britain as Chancellor Rachel Reeves today announced a new vaping tax and an increase in tobacco duty during her Autumn Budget. She confirmed that the government will introduce a “flat rate duty” on all vaping liquid from October 2026, while also renewing the tobacco duty escalator [...]
Autumn Budget 2024: OBR forecasts how much economy will grow October 30, 2024 Forecasts from the Office for Budget Responsibility were published alongside the new government's first Budget.
Autumn Budget 2024: UK government bonds volatile as FTSE 100 dips October 30, 2024 Financial markets have wobbled in response to the new government's maiden Budget, with gilt yields jumping and the FTSE 100 ticking down.
Firms worry about flatlining growth amid Budget tax rises concerns October 30, 2024 Private sector firms expect to see growth flatline in the final months of the year, a survey suggests, as concerns about the Budget build. For the second successive month, the Confederation of British Industry’s (CBI) growth indicator showed that businesses do not expect to see any change in activity over the next quarter. The CBI [...]
