Rachel Reeves aims to reassure businesses prior to Budget tax increases

Rachel Reeves aims to reassure businesses prior to Budget tax increases

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK Chancellor, Rachel Reeves, is planning to ease concerns within the business sector regarding the significant tax increases set to be announced in the upcoming Budget. Reeves and her allies are emphasizing that these … Read more

Decrease in consumer and business confidence in the UK before the Budget

Decrease in consumer and business confidence in the UK before the Budget

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Consumer confidence in the UK has dropped to its lowest point this year as people await potential tax increases in the upcoming Budget. The GfK consumer confidence index, which measures how individuals perceive their personal … Read more

Health Secretary warns of challenging decisions ahead in Budget 2024 | Political News

Health Secretary warns of challenging decisions ahead in Budget 2024 | Political News

The health secretary cautioned that there will be tough decisions to make in the upcoming budget, refusing to rule out the possibility of freezing tax thresholds. Wes Streeting emphasized on Sky News’ Sunday Morning with Trevor Phillips program that the government cannot address 14 years of issues in just one budget, and there will be … Read more

Is a ‘full fat’ Budget unattainable – what compromises need to be made?

Is a ‘full fat’ Budget unattainable – what compromises need to be made?

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In the July election, voters demanded a responsible government that would borrow wisely, fix public services, grow the economy, and minimize tax increases. Labour promised all of this. Now in government, they have to face … Read more