The British government’s exit from NatWest has gained momentum as its ownership stake diminishes to just under 11 per cent of the FTSE 100 bank. The reduction comes through a
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Rachel Reeves, the Labour Chancellor, has made an unequivocal commitment to maintain current tax levels during the next budget, emphasising the government’s dedication to fiscal responsibility within established spending parameters.
In a landmark fiscal announcement, Labour’s Chancellor Rachel Reeves has unveiled a transformative budget featuring £40 billion in tax increases, marking a significant departure from previous Conservative policies. The comprehensive
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,
The United Kingdom’s escalating tax burden has pushed government revenues nearer to European Union levels than witnessed in decades, marking a significant transformation that Labour’s Rachel Reeves is poised to
Rachel Reeves confirmed that she would change the UK fiscal rules in next week’s Budget. She wants to borrow more money and fund an extra £20bn of investment each year.
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
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
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
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
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
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
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
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
