Rachel Reeves gives clear signal that public investment will increase October 24, 2024 "Our upcoming Budget will be a reset for our economy as we invest in the foundations of future growth," she will say at the International Monetary Fund's (IMF) latest annual meeting.
It’s already too late to prepare your business for the Budget October 24, 2024 Transactions rushed through ahead of the Budget are more likely to be on HMRC’s radar and subject to additional scrutiny, says Stephen Kenny This Budget has created panic of a magnitude that I haven’t seen for many years. Widespread talk of closing ‘loopholes’ – despite the fact that most aren’t actual loopholes but previous tax [...]
Autumn Budget: The growth case for hiking capital gains tax October 23, 2024 We don't know exactly what form the changes will take and we don't know how much the Chancellor expects to raise, but reforms are coming.
Labour is failing the Lonsdale test October 23, 2024 The government should be asking: If Joe Lonsdale were to launch a podcast called British Optimist, what would we need to do in order to make his guests say they were positive about the future of the UK? Says James Price In a crowded field, there is one podcast whose new episodes I both look [...]
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 [...]
Borrowing figures show Reeves is in a fiscal bind ahead of Budget October 22, 2024 The latest figures showed that borrowing in September exceeded expectations yet again, driven by higher government spending.
Rachel Reeves could borrow £80bn over next five years, lenders say October 20, 2024 Rachel Reeves could borrow an extra £80bn to fund the government's ambitious spending plans for infrastructure and green energy, according to lenders.
Here’s how Reeves could use the Budget to incentivise investment October 17, 2024 As well as balancing the books, Rachel Reeves should use the Budget to help businesses recapture their joie de vivre, says Claire Blackburn The new government’s first Autumn Budget on 30 October is arguably the most anticipated fiscal event in recent memory. Balancing the books will be a top priority and the £22bn hole in [...]
Is reckless Reeves about to open the door to the next financial crisis? October 15, 2024 Rachel Reeves’ plan to change the fiscal rules to redefine debt reveal a Chancellor dangerously out of her depth, says Andrew Griffith A flurry of briefings suggest that the Chancellor is rolling the pitch to change the fiscal rules or the definitions of debt within them. These are the same thing: the ‘golden rule’ of [...]
Can Rachel Reeves get us excited about investing? October 10, 2024 If Rachel Reeves is serious about the need for greater investment, she needs to tell a story about why it’s more important than day-to-day spending, says James Nation When was the last time you heard about Labour’s ‘missions’? What is their overriding governing thought or story? Homing in on a message and then sticking to [...]