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UK economy

  • Which taxes will Labour hike in the October Budget?

    September 25, 2024

    Kier Starmer has said that those with the "broadest shoulders should bear the heavier burden". So where will Starmer and Reeves turn to raise some extra cash?

  • UK economy to grow twice as fast as expected says KPMG

    September 25, 2024

    KPMG's latest forecasts suggest the economy is on track to grow 1.0 per cent this year before accelerating slightly to 1.2 per cent next year.

  • ‘Pension death tax’ on the cards as Reeves looks to raise cash

    September 24, 2024

    Tom Selby, director of public policy at AJ Bell, said many of the possible reforms come with "significant practical and political challenges".

  • Bank of England’s Bailey doubts interest rates will fall back to near zero

    September 24, 2024

    With inflationary pressures easing, rate-setters cut rates for the first time since the pandemic in August. However, they subsequently voted 8-1 to keep rates steady last week.

  • Has Labour overdone the doom and gloom?

    September 24, 2024

    Many economists and City business groups have argued that this risks damaging growth. After all, why would households spend and businesses invest in a climate of fear?

  • Forget the bangs and flashes, the UK economy just needs some plumbing

    September 24, 2024

    The outlook for the UK economy doesn't have to be so bleak. We just need to get back to basics, writes Sam Bidwell.

  • High-tax, high-spend and little reform: Reeves’ plan is tried and failed

    September 24, 2024

    Reeves says the UK public can trust Labour with its money, but her plan is just a reheated version of one we've already tried over and over again, writes Elliot Keck.

  • UK industrial strategy not just ‘smoking chimney stacks’, trade expert says

    September 23, 2024

    The UK’s industrial strategy is not just “smoking chimney stacks”, trade expert Marco Forgione has said.

  • City analysts ask Rachel Reeves ‘where will the tax axe fall?’

    September 23, 2024

    City analysts have called on Rachel Reeves to clarify where the “axe will fall” ahead of a Budget widely expected to see taxes hiked. The Chancellor delivered her keynote speech at the Labour Party conference in Liverpool on Monday where she struck a more optimistic economic tone, promising that October 30 would see a “Budget [...]

  • UK economy: Growth continues but budget concerns ‘jangling nerves’

    September 23, 2024

    PMIs, which measure business activity in the private sector, are closely watched for clues about the economy’s performance.

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