Millions set for 1,400 pay rise next monthThe National Living Wage and Minimum Wage increases will significantly benefit over 3 million UK workers, improving their living standards.
UK economy contracts in January, signalling a tougher spring statement aheadThe UK economy unexpectedly declined by 0.1% in January 2023, challenging Chancellor Rachel Reeves ahead of her spring statement.
Government finances in surplus but miss forecastsThe UK's government surplus in January 2023 was large but below official forecasts, intensifying pressure on the Chancellor to adjust fiscal policies.
Chancellor's Spring Statement has bond investors on red alert - London Business News | Londonlovesbusiness.comChancellor Reeves faces a challenging fiscal landscape, balancing growth and discipline amidst investor caution and rising debt.
UK borrowing overshoots forecasts by 20bn as pressure mounts ahead of spring statementPublic sector borrowing exceeds expectations, raising challenges for Chancellor Rachel Reeves ahead of the Spring Statement.
No trade off between financial stability and growth, warns Bank of EnglandThe UK must boost its economic growth rate without compromising financial stability to ensure long-term economic health.
Millions set for 1,400 pay rise next monthThe National Living Wage and Minimum Wage increases will significantly benefit over 3 million UK workers, improving their living standards.
UK economy contracts in January, signalling a tougher spring statement aheadThe UK economy unexpectedly declined by 0.1% in January 2023, challenging Chancellor Rachel Reeves ahead of her spring statement.
Government finances in surplus but miss forecastsThe UK's government surplus in January 2023 was large but below official forecasts, intensifying pressure on the Chancellor to adjust fiscal policies.
Chancellor's Spring Statement has bond investors on red alert - London Business News | Londonlovesbusiness.comChancellor Reeves faces a challenging fiscal landscape, balancing growth and discipline amidst investor caution and rising debt.
UK borrowing overshoots forecasts by 20bn as pressure mounts ahead of spring statementPublic sector borrowing exceeds expectations, raising challenges for Chancellor Rachel Reeves ahead of the Spring Statement.
No trade off between financial stability and growth, warns Bank of EnglandThe UK must boost its economic growth rate without compromising financial stability to ensure long-term economic health.
What will be in the chancellor's Spring Statement?Chancellor Reeves' Spring Statement will focus on spending cuts, avoiding tax increases amid challenging economic conditions.
Faisal Islam: No tax rises and no return to austerity but will it last?The Spring Statement is not a Budget; it primarily serves as a forecast, indicating limited economic maneuvering.
Reeves to focus on 2bn defence boost in Spring StatementChancellor Rachel Reeves is confirming a £2.2bn increase in defense spending while revealing details on welfare cuts.
What will be in the chancellor's Spring Statement?Chancellor Reeves' Spring Statement will focus on spending cuts, avoiding tax increases amid challenging economic conditions.
Faisal Islam: No tax rises and no return to austerity but will it last?The Spring Statement is not a Budget; it primarily serves as a forecast, indicating limited economic maneuvering.
Reeves to focus on 2bn defence boost in Spring StatementChancellor Rachel Reeves is confirming a £2.2bn increase in defense spending while revealing details on welfare cuts.
Unions tell Reeves they expect huge pay rise in new year despite Budget black holeUnion leaders are preparing for a confrontation over public sector pay rises amid rising economic pressures.
Rachel Reeves set to raise fuel duty next year' as Tory MPs demand freezeChancellor Rachel Reeves plans to end a 5p cut in fuel duty, potentially impacting families and affecting public spending.Ending fuel duty cuts could generate significant revenue but raises concerns among Tory MPs about economic consequences.
UK's 'tax on employment' is hurting business, says Centrus CEOThe increase in employer national insurance contributions may jeopardize business confidence and economic growth in the UK.
Unions tell Reeves they expect huge pay rise in new year despite Budget black holeUnion leaders are preparing for a confrontation over public sector pay rises amid rising economic pressures.
Rachel Reeves set to raise fuel duty next year' as Tory MPs demand freezeChancellor Rachel Reeves plans to end a 5p cut in fuel duty, potentially impacting families and affecting public spending.Ending fuel duty cuts could generate significant revenue but raises concerns among Tory MPs about economic consequences.
UK's 'tax on employment' is hurting business, says Centrus CEOThe increase in employer national insurance contributions may jeopardize business confidence and economic growth in the UK.
Ryanair boss describes the Chancellor's Heathrow expansion as a 'dead cat' and she 'hasn't a clue' - London Business News | Londonlovesbusiness.comMichael O'Leary criticizes Chancellor Rachel Reeves for failing to grow the aviation industry, advocating for the abolition of air passenger duty.
Is Labour planning a 'job tax' in Rachel Reeves' Budget? - London Business News | Londonlovesbusiness.comChancellor Rachel Reeves hints at a potential hike in National Insurance contributions for employers, risking business growth amidst economic challenges.
How the budget will affect your money in six easy chartsRachel Reeves announced £40bn in tax increases, marking a pivotal moment for Britain's fiscal policy under her chancellorship.
Government's tax policies are 'detrimental in many ways' - London Business News | Londonlovesbusiness.comRaising employer's national insurance may impose excessive strain on some companies, disproportionately affecting those with high payroll costs.
Is Labour planning a 'job tax' in Rachel Reeves' Budget? - London Business News | Londonlovesbusiness.comChancellor Rachel Reeves hints at a potential hike in National Insurance contributions for employers, risking business growth amidst economic challenges.
How the budget will affect your money in six easy chartsRachel Reeves announced £40bn in tax increases, marking a pivotal moment for Britain's fiscal policy under her chancellorship.
Government's tax policies are 'detrimental in many ways' - London Business News | Londonlovesbusiness.comRaising employer's national insurance may impose excessive strain on some companies, disproportionately affecting those with high payroll costs.
Labour gives update on sickness and disability benefit reforms as cuts expected soonChancellor Rachel Reeves highlights the urgent need to address rising costs in health-related benefits in the UK, criticizing previous government overspending.
Budget 2024: what taxes could Rachel Reeves raise?Labour is considering significant tax increases to address a £22 billion deficit while avoiding burdening working individuals with higher taxes.
Market trouble threatens Labour's economic plansLabour under Starmer is focused on economic credibility, with strict fiscal rules set to guide financial policy.
What is a 'working person', according to LabourThe government pledges to protect 'working people' in the upcoming Budget, raising questions about definitions and potential tax implications.
Labour gives update on sickness and disability benefit reforms as cuts expected soonChancellor Rachel Reeves highlights the urgent need to address rising costs in health-related benefits in the UK, criticizing previous government overspending.
Budget 2024: what taxes could Rachel Reeves raise?Labour is considering significant tax increases to address a £22 billion deficit while avoiding burdening working individuals with higher taxes.
Market trouble threatens Labour's economic plansLabour under Starmer is focused on economic credibility, with strict fiscal rules set to guide financial policy.
What is a 'working person', according to LabourThe government pledges to protect 'working people' in the upcoming Budget, raising questions about definitions and potential tax implications.
Family-owned firms call on Chancellor to rethink inheritance tax overhaulProposed inheritance tax changes threaten family businesses, risking forced sales and job losses, according to Family Business UK.
Budget backlash intensifies as Rachel Reeves warned over inheritance tax hikePlans to increase inheritance tax could negatively impact middle-class homeowners, sparking backlash against Chancellor Rachel Reeves' Budget.
Reeves warned not to target farmers again as she searches for spending cutsChancellor Rachel Reeves faces criticism for potential spending cuts impacting farmers while addressing the government's budgetary challenges.
Family-owned firms call on Chancellor to rethink inheritance tax overhaulProposed inheritance tax changes threaten family businesses, risking forced sales and job losses, according to Family Business UK.
Budget backlash intensifies as Rachel Reeves warned over inheritance tax hikePlans to increase inheritance tax could negatively impact middle-class homeowners, sparking backlash against Chancellor Rachel Reeves' Budget.
Reeves warned not to target farmers again as she searches for spending cutsChancellor Rachel Reeves faces criticism for potential spending cuts impacting farmers while addressing the government's budgetary challenges.
UK government borrows less than expected in NovemberUK government borrowing fell to £11.2bn in November, the lowest for the month in three years, surprising economists.Public sector net borrowing decreased significantly, contributing to a positive fiscal outlook ahead of Chancellor Rachel Reeves' statement.
UK government borrowing surges to 16.6bn in September, exceeding forecastsGovernment borrowing in the UK surged to £16.6 billion in September, heightening fiscal pressures ahead of Chancellor Rachel Reeves' first Budget.
UK government borrows less than expected in NovemberUK government borrowing fell to £11.2bn in November, the lowest for the month in three years, surprising economists.Public sector net borrowing decreased significantly, contributing to a positive fiscal outlook ahead of Chancellor Rachel Reeves' statement.
UK government borrowing surges to 16.6bn in September, exceeding forecastsGovernment borrowing in the UK surged to £16.6 billion in September, heightening fiscal pressures ahead of Chancellor Rachel Reeves' first Budget.
UK politics live: Stop using money on non-priority areas, Reeves tells ministers, as she launches spending reviewThe government is initiating a spending review with a focus on finding 5% efficiency savings from existing budgets to enhance fiscal responsibility.
Budget rule change could mean fewer tax risesChancellor Reeves must find £22bn to address public finances while avoiding large tax hikes.
Rachel Reeves faces 25bn tax hike to avoid austerity, says IFSA £25 billion tax increase is essential to prevent austerity and ensure public spending growth in Britain's budget.
UK politics live: Stop using money on non-priority areas, Reeves tells ministers, as she launches spending reviewThe government is initiating a spending review with a focus on finding 5% efficiency savings from existing budgets to enhance fiscal responsibility.
Budget rule change could mean fewer tax risesChancellor Reeves must find £22bn to address public finances while avoiding large tax hikes.
Rachel Reeves faces 25bn tax hike to avoid austerity, says IFSA £25 billion tax increase is essential to prevent austerity and ensure public spending growth in Britain's budget.
UK debt hits 100% of GDP, the highest level since 1960sUK national debt has hit 100% of GDP, marking the highest level since the 1960s and posing significant challenges for the government.
Reeves calls for 'reset' with EU to spur UK growth amid global trade tensionsRachel Reeves calls for a reset in the UK's economic relationship with the EU to enhance trade and growth despite no intention to re-join the EU.
Reeves reassures on trade as Trump tariffs threaten UK-US economic tiesThe UK remains committed to free trade with the US despite concerns about protectionism under Trump.
Will Rachel Reeves's borrow-and-spend Budget actually work?Chancellor Rachel Reeves' ambitious tax and spending plan aims to stabilize Britain's economy amid growing debt.
Rachel Reeves' budget is like a long car journey, without a Fruit-tella in sight | Alison PhillipsThe delay in the budget's release has fostered criticism and uncertainty about government fiscal plans.Despite delays, some optimism exists within the business sector regarding the government's growth strategy.
Chancellor surprises motorists by freezing fuel duty - London Business News | Londonlovesbusiness.comThe government will freeze fuel duty until 2025, maintaining a 5p cut amidst high living costs.
UK debt hits 100% of GDP, the highest level since 1960sUK national debt has hit 100% of GDP, marking the highest level since the 1960s and posing significant challenges for the government.
Reeves calls for 'reset' with EU to spur UK growth amid global trade tensionsRachel Reeves calls for a reset in the UK's economic relationship with the EU to enhance trade and growth despite no intention to re-join the EU.
Reeves reassures on trade as Trump tariffs threaten UK-US economic tiesThe UK remains committed to free trade with the US despite concerns about protectionism under Trump.
Will Rachel Reeves's borrow-and-spend Budget actually work?Chancellor Rachel Reeves' ambitious tax and spending plan aims to stabilize Britain's economy amid growing debt.
Rachel Reeves' budget is like a long car journey, without a Fruit-tella in sight | Alison PhillipsThe delay in the budget's release has fostered criticism and uncertainty about government fiscal plans.Despite delays, some optimism exists within the business sector regarding the government's growth strategy.
Chancellor surprises motorists by freezing fuel duty - London Business News | Londonlovesbusiness.comThe government will freeze fuel duty until 2025, maintaining a 5p cut amidst high living costs.
You Will Soon Be Paying (Slightly) Less For A Pint At The Pub - Everything You Need To Know About Changes To Alcohol DutyA 1.7% reduction in alcohol duty applies only to draught drinks in pubs, resulting in a minor saving for consumers.
Rachel Reeves: Regulators must prioritise UK economic growthChancellor Rachel Reeves stresses the importance of UK financial regulators supporting the growth and competitiveness of the City of London.
Chancellor needs 'to fix the foundations' before we can start with tax changes - London Business News | Londonlovesbusiness.comChancellor Rachel Reeves emphasizes the need for difficult decisions to fix economic foundations before implementing changes.