Why Rachel Reeves’s Budget is making businesses nervous | Bonds & Ballots October 30, 2024 City AM’s City Editor Charlie Conchie takes a look at all the alarms in the run-up to Labour’s first budget.
These two mistakes are making today’s Budget harder than it needs to be October 30, 2024 The problem with Rachel Reeves promising both ‘stability’ and ‘growth’ is that the two can be mutually exclusive. Governments do not create growth; businesses do and they rely on innovation and risk taking, says Alys Denby Not since George Osborne’s ‘caesar’ cut has a Chancellor’s hair-do caused such a sensation. Did Rachel Reeves’ newly auburn [...]
Rachel Reeves puts £240m into new back to work ‘trailblazers’ October 29, 2024 Chancellor Rachel Reeves has announced a £240m funding boost for the rollout of local services tasked with getting the long-term sick back into work. Ahead of the Budget, Prime Minister Keir Starmer confirmed that tackling rising economic inactivity would be a core economic priority for his government. “We will always help those who cannot support [...]
This will-we, won’t-we budget is causing economic harm October 29, 2024 Watching the will-we, won’t-we budget commentary unfold over the past few months has been painful and has caused significant uncertainty across the market. Not to mention that delaying the budget to October following the July election was a misstep, it has resulted in drawn-out public scrutiny of the multitude of possible tax changes on the [...]
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.