A blow to investors and early-stage businesses has been revealed in the small print of Rachel Reeves‘ Budget. The tax relief available on venture capital trusts has been slashed, according …
Financial Planning
Autumn Budget ‘deeply concerning’ for squeezed hospitality industry
The UK’s hospitality industry has been disappointed by the Autumn Budget, with no cuts to VAT and no changes to National Insurance. Even a cut to business rates has been …
Autumn Budget: Don’t let OBR gaffe mask Labour’s own mistakes
The OBR’s mistake was spectacular but accidental. The same can’t be said for Labour, whose Budget missteps will do nothing to shift the economy, writes Julian Jessop After months of …
Autumn Budget: Reeves targets job market with skills package
Rachel Reeves has used today’s Autumn Budget to unveil a sweeping £1.5bn skills package aimed at tackling the UK’s entrenched labour shortages and sluggish productivity. The Chancellor said the country …
Budget: ‘Tax on holidays’ slammed by Butlin’s boss
The chief executive of Butlin’s has slammed Rachel Reeves for introducing a ‘tax on holidays’ in her Budget today. Jon Hendry Pickup has argued that “hospitality businesses like Butlin’s remain …
Autumn Budget: Pay-per-mile tax ‘completely wrong move’
Chancellor Rachel Reeves has hit electric vehicles with a pay-per-mile tax which will cost the average driver £255 per year and raise £1.1bn for the Treasury. Reeves delivered the expected 3p pay-per-mile …
City minister: This Labour Budget will strengthen capital markets
This Budget introduces reforms to strengthen the UK’s capital markets, notably with the new UK Listing Relief to abolish Stamp Duty Reserve Tax for three years after listing, and ISA …
The pension triple lock won’t ‘last forever’, warns Labour MP
A Labour MP has admitted that the pension triple lock won’t “last forever”, as the Budget fails to mention an end to the controversial scheme. Speaking live to City AM‘s …
Autumn Budget: Reeves bets on AI – but did she play her strongest card last week?
Rachel Reeves delivered what many had dubbed the “most anticipated Budget in years”, with industry eyes fixed on how she would position the UK in the global AI race. But …
GLORY Acquires Remaining Equity Shares in Acrelec Group
Glory Global Solutions (International) Ltd, a wholly-owned subsidiary of GLORY Ltd. [TYO:6457], has announced the acquisition of the remaining equity shares in Acrelec Group SAS. This press release features multimedia. …