The chief executive of Barclays, CS Venkatakrishnan, has mounted a strong defence of Rachel Reeves’ tax-raising Budget, claiming the UK chancellor delivered an “admirable job” of harmonising spending, borrowing and
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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,
France and Germany criticised Sir Keir’s Starmer plan to tax private school fees. They said the policy could force hundreds of children from international schools, and damage diplomatic relations with
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
Tony Blair’s think-tank says that a pay-per mile road pricing system should be introduced now. It is also urging the chancellor, to overhaul motoring tax. Rachel Reeves will likely confirm
BMW has asked the European Commission reconsider its plan to ban all new petrol and diesel engines by 2035. Oliver Zipse said that the European Union’s ban on the sale
A cabinet minister said that Elon Musk could be invited to future UK investment summits, provided he has investment programs the UK can bid for. This was before a major
The Strait of Gibraltar has seen more than half of the Russian crude oil transported by dangerous “shadow fleets” of vessels pass through this year. This raises concerns about an
The Australian infrastructure company blamed for the Thames Water crisis is planning £20 Billion of new investment in the UK, as the Labour government attempts to attract international investors to
Before the start of important business talks in London, the biggest banks and corporations around the world said that Britain was ready for investment. It also has “a very real
Unilever sold its Russian subsidiary for €520m to a local group after being criticized for continuing operations in the country following its invasion of Ukraine. Unilever, the London-listed consumer company,
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
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
Former Google boss Eric Schmidt is one of many high-profile executives who will be attending the first international investment summit organized by the Labour government. Schmidt, former Google chief executive
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
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
