Rachel Reeves revealed in her Budget that the government continues to focus on closing the tax gap, with new measures set to raise an additional £2bn in tax revenue by …
Estate Planning
Rachel Reeves’ Budget was Labour to the core
Cheered by backbenchers, Reeves’ headline pledge to scrap the two child benefit cap made for a party-appeasing Budget, writes Douglas Beattie Rachel Reeves has sought to draw a line in …
Autumn Budget: Reeves splurges £12bn on welfare as two-child benefit cap ditched
The UK’s fiscal watchdog has forecast welfare spending to soar over the next few years after the Labour government ditched plans to reform the welfare state. The Office for Budget …
Natwest and Lloyds shares soar after escaping Budget tax raid
Britain’s banking giants have managed to escape a tax raid in the Labour government’s second Autumn Budget. UK lenders have been in the hot seat on the road to 26 …
Autumn Budget: R&D and AI push faces delivery questions
Rachel Reeves’ Autumn Budget set out one of the largest public investments in UK research and innovation in decades, with billions earmarked for R&D, AI, and the industrial strategy. UK …
Autumn Budget: Professional services sector dodged ‘damaging’ tax hikes
The professional services sector breathed a sigh of relief after dodging tax hikes on LLPs in Rachel Reeves’s Autumn Budget. It was rumoured that Reeves was looking to add a …
Autumn Budget: Reeves pushes ahead with ‘mansion’ tax
A mansion tax will be introduced on homes worth more than £2m, Rachel Reeves confirmed, despite warnings from the property industry that the move was fraught with practical difficulties and …
Budget: Kemi Badenoch slams ‘shameless’ Rachel Reeves
The mood in the House of Commons morphed from rowdy to somewhat tense following the Budget, as Kemi Badenoch launched a series of scathing political and personal attacks on Rachel …
Budget: Octopus boss Greg Jackson hails cuts to energy bills
Octopus Energy boss Greg Jackson has hailed the cuts to energy bills announced in today’s Budget, as the Chancellor slashed multiple renewable levies. Jackson welcomed the energy bill cuts as a …
WATCH LIVE: City AM reacts to the Budget
After months of speculation and mounting political drama, Rachel Reeves has delivered her second Budget. City AM‘s team has all the latest news throughout the day on our Live Blog …