Britain is poised to experience economic growth in 2025, yet this recovery may not be robust enough to prevent the Labour government from implementing additional tax hikes before the next
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British business leaders’ confidence experienced a modest uptick in December, although persistent concerns about rising costs could hamper growth prospects in 2025. The Institute of Directors’ (IoD) economic optimism index
Britain’s economy showed signs of stagnation in the third quarter of 2024, with official figures revealing zero growth between July and September, forcing Labour leadership to temper expectations about the
Britain’s labour market stands at a critical juncture as businesses grapple with increased National Insurance contributions and economic stagnation. Recent data from the Office for National Statistics reveals an unemployment
Senior business executives have raised significant concerns with Chancellor Rachel Reeves regarding the challenging economic landscape and the impact of her tax-raising Budget during a private meeting of the British
The United Kingdom’s heavy reliance on services exports could shield it from the worst effects of Donald Trump’s proposed tariffs, according to Bank of England Governor Andrew Bailey. The central
British households are bracing for renewed financial pressures as economists forecast inflation could reach 3% by 2025, despite Labour’s claims of economic stabilisation. The current rate of 2.3% marks a
The private sector in Great Britain has experienced its first contraction in 12 months, with businesses pointing directly to tax increases announced in Labour’s inaugural budget. The downturn, coupled with
The American economy has achieved its highest output level in 31 months following Donald Trump’s election victory, driven by his promises of tax reductions, tariffs, and deregulation. The composite purchasing
Fresh economic data reveals the UK economy has ground to a halt amidst growing concerns over tax increases announced in Rachel Reeves’s recent budget. The private sector witnessed activity plummet
Major disruptions across the United Kingdom’s transport infrastructure have sparked significant economic concerns as Storm Bert unleashes its devastating combination of heavy snowfall, torrential rain, and winds reaching 70mph. The
The Bank of England’s ability to make crucial interest rate decisions is being severely hampered by unreliable labour market statistics, according to Governor Andrew Bailey. Speaking at London’s Mansion House,
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.
