Rachel Reeves tells cabinet UK still faces £100bn black hole over next five years Chancellor’s words will be interpreted as signal she will not give in to ministers over cuts she imposes in budget The Guardian - UK · Oct 15, 2024
How will the employer National Insurance rise affect you? One expert has called the Labour measure a “straightforward breach” of its manifesto The Independent UK · Oct 15, 2024
Budget 2024: Rachel Reeves reveals £40bn in tax hikes and boost to NHS spending in historic speech Chancellor promised to ‘invest, invest, invest’ after months of bleak warnings over economy The Independent UK · Oct 15, 2024
UK employer national insurance hike threatens jobs and pay rises, firms warn Business body covering pubs, hotels and restaurants says budget tax change would increase costs The Guardian - UK · Oct 15, 2024
What are employer national insurance contributions and what would raising them do? Rachel Reeves has hinted she plans to put up the tax in the budget but some businesses have voiced concerns The Guardian - UK · Oct 15, 2024
OPINION - Keir Starmer's prosperity plan for Britain is lacking some vital ingredients Labour has read its John Maynard Keynes. It unleashed the “animal spirits” of a possible economic bounceback at its first investment summit yesterday, with an upbeat Keir Starmer pledging to “improve Britain’s brand” and promising a land of opportunity for global investors — and some “heritage Yookay“ experience thrown in… Evening Standard · Oct 15, 2024
Jobs in London pubs, restaurants and hotels at risk from National Insurance hike, warn hospitality chiefs Chancellor Rachel Reeves is also believed to be considering raising capital gains tax to fix Britain’s dire public finances Evening Standard · Oct 15, 2024
Ex-Bank of England chief Mervyn King urges Rachel Reeves to raise national insurance in Budget Exclusive: In a dramatic intervention, the former governor of the Bank of England tells the chancellor she must be ruthlessly honest with the public The Independent UK · Oct 15, 2024
Cooling labour market adds to Reeves’s tax-raising dilemma Hints at plans to increase employers’ national insurance contributions comes as demand for labour slows The Guardian - UK · Oct 15, 2024
Capital gains tax will not hit 39%, says Treasury minister - but he won’t rule out rise in October Budget National Insurance for employers also appears set to increase in the Budget on October 30 Evening Standard · Oct 15, 2024
No 10 rejects claims PM received Taylor Swift tickets as ‘thank you’ for security measures – as it happened Downing St says decisions over protection for the singer were up to Scotland Yard and not the government The Guardian - UK · Oct 15, 2024
Voices: Starmer says ‘working people’ shouldn’t fear the Budget – but who are they? Join The Independent Debate THE INDEPENDENT DEBATE: As ministers offer conflicting views on whether high earners, landlords, and those with investment income should be included in the group protected from tax increases in Labour’s Budget, we want to know how you would define ‘working people’ The Independent UK · Oct 15, 2024
Tuesday briefing: How Keir Starmer pitched his vision of Britain to big business In today’s newsletter: At a summit in London on Monday, the prime minister tried to stir investment in Britain – here’s how it went The Guardian - UK · Oct 15, 2024
Rachel Reeves boosts big business as she caps corporation tax at 25% and woos investment in Britain Fourth big tax freeze as chancellor makes bold offer to attract top global firms to UK The Independent UK · Oct 14, 2024
The Guardian - UK · Oct 14, 2024 UK’s new industrial strategy shows welcome signs of pragmatism. But the watchdog must have teeth Rachel Reeves’s green paper seems to take policy more seriously than Tory predecessors
The Conversation · Oct 14, 2024 How to make sure the budget secures the investment Britain needs Prime Minister Keir Starmer has promised to “rip out the bureaucracy that blocks investment” in the UK. He was speaking at his government’s first international investment summit, an attempt to encourage the finance and business worlds to put more money into the country.
The Guardian - UK · Oct 14, 2024 Reeves hints at rise in employer national insurance, as critics claim it breaches manifesto Chancellor says businesses will understand balancing the books is necessary for fiscal stability
Evening Standard · Oct 14, 2024 Rachel Reeves signals National Insurance hike in Budget as Chancellor vows tax system to 'support wealth creation' Rachel Reeves promises to create a tax system that supports wealth creation and investment but warns decisions ahead will ‘not always be easy’
The Independent UK · Oct 14, 2024 Reeves warned national insurance hike would be ‘straightforward breach’ of manifesto Speculation is mounting that the chancellor is considering raising employer contributions
The Independent UK · Oct 14, 2024 The pensioner denied winter fuel payment because she’s just £3 over threshold Rachel Reeves cut the winter allowance for the majority of recipients after inheriting ‘a £22bn black hole’ in the public finances
The Independent UK · Oct 14, 2024 Brexit wine tax sparks call for consumers to pressure MPs Exclusive: Customers asked to write to MPs ahead of Rachel Reeves’ Budget later this month over reforms
The National (Scotland) · Oct 14, 2024 Keir Starmer pushed on Brexit as he pledges to rip up regulations to 'boost growth' PRIME MINISTER Keir Starmer is set to pledge a bonfire of regulations that he claims “needlessly holds back investment” at a major business…
The Independent UK · Oct 14, 2024 Labour accused of ‘absurd’ plan to break manifesto pledge over national insurance hike The shadow work and pensions secretary also said the Government’s claim his party left a £22 billion black hole in public finances is ‘fictitious’
The Guardian - UK · Oct 14, 2024 Over £60bn of pledges announced at UK’s investment summit – as it happened Chancellor says £60bn of investment has been announced at summit, showing confidence in UK economy
The Guardian - UK · Oct 13, 2024 Keir Starmer will promise to slash red tape as he hosts investment summit Unions express concern as PM to say government will ‘rip out the bureaucracy that blocks investment’