Britain’s welfare system faces an unprecedented challenge as projections indicate health-related claims will constitute 50% of all primary benefit applications by 2029, with annual costs surpassing £100 billion for the
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The Labour government is poised to implement significant fiscal changes as Rachel Reeves, the first female Chancellor of the Exchequer, prepares to deliver her maiden budget speech. The financial package,
British long-term borrowing costs reached a post-election peak on Tuesday as financial markets prepared for Rachel Reeves’ landmark first Budget. The chancellor is poised to unveil an ambitious plan to
The UK government faces calls to streamline its visa process for experts in artificial intelligence, aiming to bolster the nation’s burgeoning tech sector. A report commissioned by the government and
Rachel Reeves, in her next budget, will promise to reverse massive cuts in public investments after she confirmed rules that limit her spending power would be overhauled so the government
Rachel Reeves ruled out an exit tax for wealthy people who leave the UK in order to avoid higher taxes, in this month’s Budget. Meanwhile, business is bracing itself for
Abu Dhabi’s sovereign fund has written-off its investment in Thames Water, a blow for the Labour government who is preparing to host a summit to attract large institutional investors to
Rachel Reeves is unlikely to hit the private equity industry with the 45p top tax rate this month, because she’s looking for to find a compromise deal to close the
After a meeting between the EU and UK in Brussels to “reset” post-Brexit relationships, the EU and UK committed to holding the first of a series annual summits in 2019.
The government is asking ministers to cut billions of pounds from infrastructure projects in the next 18-months, despite Rachel Reeves promising to invest more for the growth of the economy.
Michel Barnier, France’s new Prime Minister, warned that the repair of the degraded country’s public finances would require years of “collective efforts” and announced “temporary targeted” tax increases on large
Sir Keir has cleared the path for a large increase in capital expenditure at the Budget next month, after his government received the backing of Paris-based OECD reforms that boost
The new French government has begun to study options for taxing the wealthy and companies in order to reduce deficits while maintaining President Emmanuel Macron’s pro-business record. Antoine Armand is
According to sources within the government, Rachel Reeves may change how fiscal rules of the government are calculated in order to allow for billions more pounds to be spent on
The No. 10 team is preparing for a possible defeat at the Labour Conference, where a vote will be held to condemn cuts in winter fuel allowances. Major trade unions
After EU documents indicated that Brussels was not “prepared” to change the regulations, industry insiders have called on the UK government for a solution. Keir starmer promised in Labour’s manifesto
