M&S boss tells Healey to ‘take the handcuffs off Britain’ weeks before Burnham’s first Budget Stuart Machin urged John Healey to undo the ‘disastrous’ decisions made in Labour’s previous two Budgets The Independent UK · Oct 10
‘If voters aren’t better off by the next election, we’re screwed’: Labour insiders voice fears over budget Some say party risks ‘looking twee’ by focusing on small fixes amid growing nervousness that budget lacks ambition The Guardian - UK · Oct 10
City bosses warn Healey hiking bank taxes could drive business out of UK Lobbying from industry groups has stepped up in recent weeks ahead of the autumn Budget statement. Evening Standard · Oct 9
Tory tax break for banks has cost UK public purse £6bn, says TUC Exclusive: Chancellor urged to reverse Jeremy Hunt’s tax surcharge cuts to claw back billions in lost revenue The Guardian - UK · Oct 9
Labour chair of housing committee calls for urgent funds for affordable homes in England Exclusive: Abena Oppong-Asare urges chancellor to unlock billions of pounds, as housing associations say they could build 41,000 homes in 10 years The Guardian - UK · Oct 9
Bragging rights for Burnham, blues for Farage: conference season winners and losers While the Labour and Conservative leaders will be delighted with their showing, Nigel Farage, Ed Davey and Zack Polanski have less reason for cheer The Guardian - UK · Oct 9
Low growth and successive shocks erode public finances, Bank boss says Andrew Bailey’s remarks come weeks before the Chancellor lays out his autumn Budget statement. Evening Standard · Oct 8
Bank governor urges John Healey to use budget to allay market fears amid bond turmoil Andrew Bailey tells chancellor ‘whatever the stance of fiscal policy, it must be credible and be seen as such by financial markets’ The Guardian - UK · Oct 8
What rising UK bond yields really mean for your savings, mortgage and pension Bond markets are constantly in motion but most people have no idea how they affect their day-to-day finances The Independent UK · Oct 8
Bankers being hired for £3m to tell Government if economic case for Heathrow third runway stacks up Ministers have also admitted that taxpayers could be left footing a bill for the £49 billion expansion of the west London airport Evening Standard · Oct 8
UK households left thousands of pounds worse off due to cost-of-living crisis, study finds Had inflation been at normal levels over this period, the average household would be £2,900 better off than they currently are The Independent UK · Oct 7
Enforce online shopping tax to support UK high streets, Healey told An estimated £1.5 billion could be raised as a result of the changes, a think tank has said, with the government urged to ‘shift some of the tax burden from bricks to clicks’ The Independent UK · Oct 7
The Independent UK · Oct 7 Healey under pressure from Labour MPs to hit billionaires with private jet tax The Independent has seen a cross party letter from 40 MPs, including a number of Labour MPs, arguing that the tax is fair and closes a loophole
The Guardian - UK · Oct 7 Labour could oversee worst parliament on record for living standards, study warns Energy and housing costs threaten biggest decline in modern times unless bold action taken, says thinktank
The Economic Times · Oct 7 UK 30-year gilt yields hit 28-year high in global selloff The British 30-year bond yields have skyrocketed to their highest level since January 1998 amid a global bond market decline. This surge is primarily driven by ongoing inflation and substantial government borrowing, which are raising apprehensions among bond investors globally. As Finance Minister John Healey prepares for his budget announcement…
The Independent UK · Oct 7 Here’s what the Budget could mean for your taxes Experts predict income tax and capital gains tax changes in John Healey’s Autumn Budget this month
The Independent UK · Oct 7 Millions of UK households could be given extra money in Budget to help with rising energy bills Millions of households could receive discounts of up to £250 under the plans
The Guardian - UK · Oct 6 Chancellor plans major intervention to help poorer UK households with rising energy bills Exclusive: Officials working on further radical changes that would change how much energy companies could charge customers
The Independent UK · Oct 6 Lower oil boosts FTSE 100 but defence stocks lag The FTSE 100 index ended up 43.75 points, or 0.4%, at 10,541.69, on Tuesday.
The National (Scotland) · Oct 6 SNP attack Andy Burnham over reported delay to defence spending plans THE SNP have urged Andy Burnham to “wake up” and take urgent action rather than offer “jam tomorrow promises” as the Prime Minister reportedly considers delaying plans on a key policy pledge
The Independent UK · Oct 6 Major business group piles pressure on Burnham over tax cuts Firms have been facing increased cost pressures for two years including a raised cost of hiring
Evening Standard · Oct 6 Billionaires worth £120bn quit UK as Labour tax rises spark super rich exodus More than a dozen billionaires have left the UK over the past two years following a series of tax changes from the Labour government
International Business Times UK · Oct 6 Elon Musk's '1,000%' Bankruptcy Warning: Why the UK Already Spends More on Debt Interest Than on Defence UK debt interest now costs more than the Home Office and Justice budgets combined, the Chancellor says. Learn what drives the bill and what it could mean for taxes.