IMF warns Britain must address ‘fundamental’ fiscal imbalances April 17, 2024 By 2029, global debt is projected to be roughly equal to global output.
New data: UK tax take rising faster than any other rich country April 17, 2024 Although the UK started the century with tax revenue making up a much lower proportion of national income than other advanced economies, the tax burden has rapidly climbed since the pandemic.
Chancellor Jeremy Hunt: Conservatives will cut taxes again in autumn ‘if we can’ April 17, 2024 Speaking to the Financial Times, the Chancellor said further tax cuts were on the table for an autumn fiscal event, but stressed it would depend on "responsible management of the economy".
IMF says the UK will be the fastest-growing major economy in Europe next year April 16, 2024 The projections suggest the UK economy is unlikely to generate much momentum this year, and will lag all G7 economies apart from Germany.
Rachel Reeves tells the City she wants to close gender pay gap if she becomes first female chancellor April 16, 2024 Shadow Chancellor Rachel Reeves said Labour is "under no illusions about the scale of challenge Labour will inherit."
Leave London if UK markets are ‘unwilling or unable’ to engage, hedge fund tells Wood Group April 16, 2024 In the letter, which City A.M. has also seen, Sparta said it has been a shareholder in Wood since "early 2022," and during that time, the fund has been "frustrated by the continued underperformance of the shares."
Jeremy Hunt declares he is ready to ‘cut taxes and bet on growth’ April 13, 2024 Chancellor Jeremy Hunt has declared he is ready to “cut taxes and bet on growth” after the UK’s gross domestic product (GDP) grew again in February.
UK economy grows in February as recovery gathers steam April 12, 2024 The figures will raise hopes that the UK economy can move on from a disappointing 2023.
Flush FTSE 100 giant Astrazeneca to give more back to shareholders with dividend hike April 11, 2024 AstraZeneca will increase its annual dividend for the year by $0.20 (16p) to $3.10 (£2.47) per share
Services trade sees UK become world’s fourth largest exporter April 9, 2024 The UK has become the world’s fourth largest exporter thanks to a boost in services, fresh trade figures have shown.