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Uk Government
Rachel Reeves spares PE bosses the top UK tax rate as part of a compromise over…
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 tax "loopholes", which doesn't drive investors away from Britain. Reeves…
TotalEnergies warns that it will reduce UK investment due to windfall tax
TotalEnergies' chief executive said that the French oil major would reduce its investment in the UK if the government increased the windfall tax. Patrick Pouyanne says the plans of the Labour government to increase the tax rate and…
Can UK avoid the national debt nearly tripling in next 50 years
The Office for Budget Responsibility's crystal ball shows that Britain will be a very different place in 50 years.
It is indeed grim. The government's independent watchdog on spending predicts that if policies remain unchanged, national…
Wealthy Households and Businesses Brace for Tax Rises Following Starmers Speech
In the wake of Sir Keir Starmer's keynote speech in Downing Street, wealthy households and businesses across the UK are preparing for potential tax increases as the government aims to address a £22bn shortfall in public finances. Starmer's…
UK Government Borrowing Overshoots Expectations in July Amid Public Spending Growth
The UK government's borrowing figures for July have surpassed expectations, reaching £3.1 billion, which is more than double the amount recorded in the same period last year. This higher deficit has intensified the ongoing debate between…
UK Banks Race to Repay £100bn in Covid Loans Could Benefit Savers
The potential takeover of Seven & i by Alimentation Couche-Tard (ACT) indeed represents a significant moment in the global convenience store industry. If the acquisition goes through, it would not only be the largest foreign acquisition…
Energy Bills Set to Rise Again for Great Britain Households This Winter
As the colder months approach, households across Great Britain are preparing for another increase in their energy bills. Forecasts from Cornwall Insight, a respected energy consultancy, indicate that the government's energy price cap is…
King’s Speech: 40 bills for a ‘decade national renewal’
Sir Keir has laid out 40 bills that he says will start "a decade of renewal for our nation" in a King's Speech for economic growth. The plan includes a large role for the government and an upgrade to worker's rights.
The new Prime…