Rachel Reeves could raise 45bn in taxes and keep promises, report says
Rachel Reeves could raise up to 45bn in taxes without breaching Labour manifesto pledges while confronting a potential 30bn fiscal shortfall and tough tradeoffs.
Confidence in short supply among bosses as tax hikes shake business outlook
"The Directors' Economic Confidence Index, a key barometer of UK business sentiment, dropped to -53 in June 2025, down from -35 in May, marking a significant deterioration in optimism among company directors."