If money’s tight, why waste it on futile GB Energy? October 28, 2024 The fiscal pain of this budget will be worse because of needless GB energy, writes Conservative Environment Network director Sam Hall.
Rocco Forte: Labour’s ‘ideological approach’ risks hammering private sector investment October 27, 2024 Luxury hotelier Sir Rocco Forte has said Labour’s rumoured tax raid at the Budget this week will discourage investment from the private sector and unnerve businesses looking to come into the country. Speaking on the BBC’s Sunday with Laura Kuenssberg, the English businessman said Rachel Reeves and Keir Starmer are taking an “ideological approach” and [...]
Starmer denies misleading the public over tax rises in Labour manifesto October 26, 2024 Sir Keir Starmer has denied misleading the public at the general election over tax plans after he suggested people who make money from shares and property could face greater levies. The Prime Minister rejected claims he was waging a “war on middle Britain” amid pre-Budget speculation he could increase the burden for those who have [...]
Budget uncertainty sends economic activity down to lowest level in almost a year October 24, 2024 Uncertainty surrounding the Budget knocked economic activity in October, according to a closely watched business survey, as firms delayed decisions in the face of possible tax changes.
Premier League: Non-dom tax changes could be ‘own goal’ for No11 October 22, 2024 The Premier League could face an exodus of high-profile players if the government continues plans to eliminate the non-dom tax status in the upcoming Budget, experts have warned. Changes to the way tax is paid on overseas earnings could prove “an own goal” if they cause players to leave the English top flight when they [...]
Inheritance tax receipts hit record high ahead of expected Budget reforms October 22, 2024 The government raked in £4.3bn from inheritance tax in the six months to September, a nine per cent rise on the same period last year, as Rachel Reeves lines up reforms to the unpopular tax in her Budget next week. According to figures released by HMRC on Tuesday, the Exchequer received £736m from inheritance tax [...]
Autumn Budget: Which taxes will Rachel Reeves hike? October 22, 2024 With the Autumn Budget set to be delivered in just a few days, speculation about which taxes Chancellor Rachel Reeves will opt to raise has reached fever pitch. On entering No 11 Downing Street, Reeves commissioned the Treasury to conduct a thorough spending audit, which she claimed unearthed a “fiscal black hole” of £22bn, paving [...]
Borrowing beats expectations as Rachel Reeves prepares tax rises October 22, 2024 The borrowing figures are merely the latest indication of the challenging fiscal position which the new government has inherited as the Budget approaches.
‘Incredible undervaluations’: Why this boss thinks the time is right to float on AIM October 22, 2024 A new acquisition vehicle announced plans to float on AIM last week despite a barrage of warnings over its future ahead of the budget. Its boss, Iain McDonald, tells City AM why. In a letter to the City minister, Tulip Siddiq, last month, the boss of the London Stock Exchange had some stark words on [...]
What are the biggest risks to pension saving in the Autumn Budget? October 22, 2024 Reeves faces difficult decisions at next week's Budget, but tampering risks creating more problems in the long-term, writes KPMG's Stephen Collins.