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 …
Investing
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. …
Budget: Treasury focused on ‘closing tax gap’ with US-style whistleblower scheme
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 …
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 …