#budget-2023

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#tax-policy

Budget 2024: How could Reeves find 40bn in taxes and cuts on Wednesday?

Labour's first Budget in 15 years is confronting a significant fiscal gap left by the Conservative government, affecting public services and tax strategies.

Budget 2025: social welfare hikes, a 'mansion tax' and cheaper car insurance, here's everything you need to know

The coalition presents an €8.3bn budget featuring tax cuts, welfare hikes, and initiatives to alleviate cost-of-living pressures ahead of the general election.

What are employer national insurance contributions and what would raising them do?

Chancellor Rachel Reeves may increase employer national insurance contributions in the upcoming budget, raising concerns about potential manifesto conflicts.

Budget to hit families in short-term, think tank says

The government's Budget aims for long-term growth but risks short-term living standard declines for families.

Starmer refuses to rule out raising national insurance for employers

Keir Starmer is non-committal about raising employers' national insurance, complicating Labour's adherence to its tax pledge amidst upcoming budget considerations.

Inheritance tax increases expected in Budget

The government plans to increase inheritance tax to address a £40 billion fiscal shortfall.

Budget 2024: How could Reeves find 40bn in taxes and cuts on Wednesday?

Labour's first Budget in 15 years is confronting a significant fiscal gap left by the Conservative government, affecting public services and tax strategies.

Budget 2025: social welfare hikes, a 'mansion tax' and cheaper car insurance, here's everything you need to know

The coalition presents an €8.3bn budget featuring tax cuts, welfare hikes, and initiatives to alleviate cost-of-living pressures ahead of the general election.

What are employer national insurance contributions and what would raising them do?

Chancellor Rachel Reeves may increase employer national insurance contributions in the upcoming budget, raising concerns about potential manifesto conflicts.

Budget to hit families in short-term, think tank says

The government's Budget aims for long-term growth but risks short-term living standard declines for families.

Starmer refuses to rule out raising national insurance for employers

Keir Starmer is non-committal about raising employers' national insurance, complicating Labour's adherence to its tax pledge amidst upcoming budget considerations.

Inheritance tax increases expected in Budget

The government plans to increase inheritance tax to address a £40 billion fiscal shortfall.
moretax-policy
#rachel-reeves

Reeves' big Budget will set agenda for years to come

Chancellor Rachel Reeves pledges a significant budget focused on investment and growth in Britain amidst contrasting political narratives.

UK inflation falls below 2% for first time in three and a half years

UK inflation has dropped to 1.7%, below the Bank of England's target, prompting discussions about potential interest rate cuts.

Reeves pledges to invest, invest, invest' as she prepares to unveil historic Budget

Rachel Reeves will deliver the first Budget by a Labour chancellor in 14 years focused on economic growth and increased national minimum wage.

Rachel Reeves hands low-paid a 1,400 boost as minimum wage to rise by 6.7%

The government will increase the national minimum wage by 6.7%, benefiting millions of workers with significant pay raises.

Five key charts: what will underpin 2024 budget statement by Rachel Reeves?

Rachel Reeves aims to address a dire economic situation while prioritizing working people, the NHS, and national rebuilding in her upcoming budget.

Rachel Reeves sticks to script and saves big changes for next month's budget

Rachel Reeves promotes optimism while acknowledging the need for difficult fiscal decisions ahead in her leadership as Labour's chancellor.

Reeves' big Budget will set agenda for years to come

Chancellor Rachel Reeves pledges a significant budget focused on investment and growth in Britain amidst contrasting political narratives.

UK inflation falls below 2% for first time in three and a half years

UK inflation has dropped to 1.7%, below the Bank of England's target, prompting discussions about potential interest rate cuts.

Reeves pledges to invest, invest, invest' as she prepares to unveil historic Budget

Rachel Reeves will deliver the first Budget by a Labour chancellor in 14 years focused on economic growth and increased national minimum wage.

Rachel Reeves hands low-paid a 1,400 boost as minimum wage to rise by 6.7%

The government will increase the national minimum wage by 6.7%, benefiting millions of workers with significant pay raises.

Five key charts: what will underpin 2024 budget statement by Rachel Reeves?

Rachel Reeves aims to address a dire economic situation while prioritizing working people, the NHS, and national rebuilding in her upcoming budget.

Rachel Reeves sticks to script and saves big changes for next month's budget

Rachel Reeves promotes optimism while acknowledging the need for difficult fiscal decisions ahead in her leadership as Labour's chancellor.
morerachel-reeves
#kemi-badenoch

Badenoch accuses PM of 'milking' private sector

The Budget raises National Insurance to cover public sector spending, prompting criticism about its impact on local authorities and the private sector.

The Guardian view on Badenoch v Starmer: tussling over a shift to bigger government | Editorial

The UK's evolving tax framework indicates a significant ideological divide between Kemi Badenoch and Keir Starmer, affecting future politics.

Badenoch accuses PM of 'milking' private sector

The Budget raises National Insurance to cover public sector spending, prompting criticism about its impact on local authorities and the private sector.

The Guardian view on Badenoch v Starmer: tussling over a shift to bigger government | Editorial

The UK's evolving tax framework indicates a significant ideological divide between Kemi Badenoch and Keir Starmer, affecting future politics.
morekemi-badenoch
#labour-party

Rachel Reeves's big tax-and-spend budget dissected podcast

Labour government commits to a historic budget focused on rebuilding Britain with increased spending on public services.

Threat to high earners as Rachel Reeves looks to plug 40bn Budget black hole

Potential tax increases on high earners could lead to wealth and talent leaving the UK, complicating Labour's economic plans.

Budget watchdog will break impartiality, claims Hunt

The UK financial watchdog's review may politically impact the upcoming Budget and Labour's planned tax rises.

UK's Labour just unveiled its first budget in 14 years what is in it and will it work?

The new Labour government's budget introduces significant changes, focusing on investment and high taxation on businesses and the wealthy to rejuvenate the economy.

Can Rachel Reeves use her defining Budget to escape UK's 'doom loop'?

The upcoming Labour Budget will be pivotal in defining the government's priorities and approach to public services amidst financial constraints.

Dozen Labour MPs join call for 'extreme wealth' tax

A group of Labour MPs are pushing for a new extreme wealth tax to address growing inequality and fund public services.

Rachel Reeves's big tax-and-spend budget dissected podcast

Labour government commits to a historic budget focused on rebuilding Britain with increased spending on public services.

Threat to high earners as Rachel Reeves looks to plug 40bn Budget black hole

Potential tax increases on high earners could lead to wealth and talent leaving the UK, complicating Labour's economic plans.

Budget watchdog will break impartiality, claims Hunt

The UK financial watchdog's review may politically impact the upcoming Budget and Labour's planned tax rises.

UK's Labour just unveiled its first budget in 14 years what is in it and will it work?

The new Labour government's budget introduces significant changes, focusing on investment and high taxation on businesses and the wealthy to rejuvenate the economy.

Can Rachel Reeves use her defining Budget to escape UK's 'doom loop'?

The upcoming Labour Budget will be pivotal in defining the government's priorities and approach to public services amidst financial constraints.

Dozen Labour MPs join call for 'extreme wealth' tax

A group of Labour MPs are pushing for a new extreme wealth tax to address growing inequality and fund public services.
morelabour-party
#economic-policy

What impact will the long-awaited Budget have on retail, manufacturing and logistics? - London Business News | Londonlovesbusiness.com

Chancellor Rachel Reeves' Budget aims at economic revival, but it imposes significant financial burdens on SMEs through increased taxes and National Insurance rates.

Brits warned Starmer's tax hikes are bound to hit 'working people' - London Business News | Londonlovesbusiness.com

Starmer warns of painful tax hikes in October budget, stressing accountability for highest earners to help fix economic issues.

'Game on' - Budget giveaway kicks off election race as Taoiseach Simon Harris to canvass in capital today

The Coalition's ambitious €10bn Budget aims to win over voters by benefiting working parents and the middle-class with various financial incentives.

Two 125 energy credits to be deducted from electricity bills this year; cigarette prices set to increase in latest Budget 2025 moves

A €2bn cost of living package will include social welfare increases and tax cuts to combat inflation.

What impact will the long-awaited Budget have on retail, manufacturing and logistics? - London Business News | Londonlovesbusiness.com

Chancellor Rachel Reeves' Budget aims at economic revival, but it imposes significant financial burdens on SMEs through increased taxes and National Insurance rates.

Brits warned Starmer's tax hikes are bound to hit 'working people' - London Business News | Londonlovesbusiness.com

Starmer warns of painful tax hikes in October budget, stressing accountability for highest earners to help fix economic issues.

'Game on' - Budget giveaway kicks off election race as Taoiseach Simon Harris to canvass in capital today

The Coalition's ambitious €10bn Budget aims to win over voters by benefiting working parents and the middle-class with various financial incentives.

Two 125 energy credits to be deducted from electricity bills this year; cigarette prices set to increase in latest Budget 2025 moves

A €2bn cost of living package will include social welfare increases and tax cuts to combat inflation.
moreeconomic-policy

Autumn Budget 2024: Chancellor emphasises importance of tech for UK growth | Computer Weekly

The Autumn Budget emphasizes support for the tech sector and plans for digital transformation in public services.
#economic-growth

Budget support for small businesses crucial for jobs, growth and communities - London Business News | Londonlovesbusiness.com

Support for small businesses is essential for economic growth and employment across the UK.

Budget unveils big tax, borrowing and spending plans

The Budget features a historic tax increase of £40 billion, with implications for income tax thresholds frozen until 2028.

Budget support for small businesses crucial for jobs, growth and communities - London Business News | Londonlovesbusiness.com

Support for small businesses is essential for economic growth and employment across the UK.

Budget unveils big tax, borrowing and spending plans

The Budget features a historic tax increase of £40 billion, with implications for income tax thresholds frozen until 2028.
moreeconomic-growth
#uk-government

Single Bus Fares Are Due To Increase To 3 Across England Under New Cap

The £2 bus fare cap in England will increase to £3, effective next year, as part of Autumn Budget plans.

UK government borrowing surges to 16.6bn in September, exceeding forecasts

Government borrowing in the UK surged to £16.6 billion in September, heightening fiscal pressures ahead of Chancellor Rachel Reeves' first Budget.

Single Bus Fares Are Due To Increase To 3 Across England Under New Cap

The £2 bus fare cap in England will increase to £3, effective next year, as part of Autumn Budget plans.

UK government borrowing surges to 16.6bn in September, exceeding forecasts

Government borrowing in the UK surged to £16.6 billion in September, heightening fiscal pressures ahead of Chancellor Rachel Reeves' first Budget.
moreuk-government
#cost-of-living

Budget 2025: social welfare hikes, 'mansion tax' and cheaper car insurance, here's everything you need to know

The budget aims to address cost of living with significant social welfare increases and tax reforms ahead of the general election.

Budget 2025: social welfare hikes, 'mansion tax' and cheaper car insurance, here's everything you need to know

The €8.3bn Budget focuses on tax cuts and social welfare increases ahead of the election.

Budget: 'I earn 1,800 a month and have nothing left at the end'

Budget impact on individual financial situations can be substantial, highlighting struggles for those on lower incomes.

Politicians are 'out of touch and have no idea what it is like to live solely on state pension,' says retiree

Pensioners are facing significant financial challenges, with recent increases failing to meet their needs and living costs. A call for more substantial support is evident.

Parents and children expected to be big winners in Budget as Government plans new supports for families

The Coalition's budget emphasizes welfare support for families and reducing education costs amid rising living expenses.

New parents in line for 15-a-week boost, two 125 energy credits before Christmas and cigarettes to rise by 1 in Budget 2025

The Budget aims to significantly support new parents and enhance social welfare payments amidst rising living costs.

Budget 2025: social welfare hikes, 'mansion tax' and cheaper car insurance, here's everything you need to know

The budget aims to address cost of living with significant social welfare increases and tax reforms ahead of the general election.

Budget 2025: social welfare hikes, 'mansion tax' and cheaper car insurance, here's everything you need to know

The €8.3bn Budget focuses on tax cuts and social welfare increases ahead of the election.

Budget: 'I earn 1,800 a month and have nothing left at the end'

Budget impact on individual financial situations can be substantial, highlighting struggles for those on lower incomes.

Politicians are 'out of touch and have no idea what it is like to live solely on state pension,' says retiree

Pensioners are facing significant financial challenges, with recent increases failing to meet their needs and living costs. A call for more substantial support is evident.

Parents and children expected to be big winners in Budget as Government plans new supports for families

The Coalition's budget emphasizes welfare support for families and reducing education costs amid rising living expenses.

New parents in line for 15-a-week boost, two 125 energy credits before Christmas and cigarettes to rise by 1 in Budget 2025

The Budget aims to significantly support new parents and enhance social welfare payments amidst rising living costs.
morecost-of-living

A tax spend and borrow Budget, but will it be pro-growth? - London Business News | Londonlovesbusiness.com

The upcoming Budget focuses on increasing public investment and taxes to support public services and the green transition.

How Labour could push through stealth' income tax rise at the Budget

Labour's budget may involve a controversial extension of a tax measure that critics call a 'stealth tax' affecting working people.
from Business Matters
1 month ago

Investors rush to withdraw pension funds amid fears of tax hikes in upcoming budget

Investors are rapidly withdrawing pension funds in anticipation of government tax changes, seeking to secure tax-free withdrawals before the new budget.

Ministers complain to Treasury over spending cuts

Cabinet ministers are alarmed by proposed departmental cuts and a potential £40 billion funding gap, raising concerns about significant tax increases.

Recruiting 5,000 new HMRC compliance officers just first step in fixing UK's tax system, says Blick Rothenberg

Recruiting 5,000 new HMRC officers is a positive step but insufficient to fix systemic issues in the UK's tax system.
#agriculture

'We don't want high rollers coming in and buying land at the cost of farmers'

Government initiatives aim to support local farmers against land-buying speculators.
Extended Agricultural Relief will benefit young and family farmers.
Agricultural land values are rising, making it difficult for genuine farmers to purchase land.

Budget 2025: Payment boost for sheep and suckler farmers/Government to clamp down on land investors

Government's Budget supports agriculture with increased funding and incentives for farmers.
Beef Welfare Scheme boosted to €75 per calf and sheep payment to €25 per ewe.
Funding for agriculture exceeds €2bn for the first time, aiming to secure farmer votes.

'We don't want high rollers coming in and buying land at the cost of farmers'

Government initiatives aim to support local farmers against land-buying speculators.
Extended Agricultural Relief will benefit young and family farmers.
Agricultural land values are rising, making it difficult for genuine farmers to purchase land.

Budget 2025: Payment boost for sheep and suckler farmers/Government to clamp down on land investors

Government's Budget supports agriculture with increased funding and incentives for farmers.
Beef Welfare Scheme boosted to €75 per calf and sheep payment to €25 per ewe.
Funding for agriculture exceeds €2bn for the first time, aiming to secure farmer votes.
moreagriculture

Budget 2025 latest: Welfare hikes, college fees cut and tax on vapes set for giveaway Budget

The Government plans a substantial Budget giveaway targeting new parents, workers, and pensioners, including tax cuts and welfare increases.

Budget 2025: Finance Minister Jack Chambers unveils biggest giveaway Budget since Celtic Tiger

The government will provide extensive financial support via tax cuts, welfare hikes, and one-off payments ahead of the general election.

Government agrees on increased 2bn cost-of-living package that includes two double payments of Child Benefit

The welfare budget is under negotiation, with proposed increases of €12 to €15 per week depending on rates.

Tensions mount in Government as budget talks come down to the wire

Inheritance tax thresholds are being widened for all beneficiaries, not just children.
New support measures are being proposed for carers, including a fuel allowance.
A tax on vapes will be introduced next year.
from Independent
1 month ago

'I'm worried we won't have a home come Christmas' - mum facing eviction seeks end to housing insecurity in Budget 2025

Lisa O'Shea calls for urgent housing measures in the Budget due to her imminent eviction.

Fine Gael politicians expect November vote despite 'full term' pledge by Harris

Harris maintains his stance on full-term government, hinting at potential elections following the Budget, amidst discussions of coalition dynamics.
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