The current state of the UK labour market marks a stark contrast to the post-pandemic boom experienced in 2022. Businesses, which at one point sought to hire 1.3 million individuals,
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The Institute for Fiscal Studies has delivered a stark assessment of the government’s Budget, warning that households face a troubling outlook for living standards over the coming parliamentary term. The
Chancellor Rachel Reeves has introduced nearly £60 billion in tax rises beyond what Labour had pledged in its manifesto, according to new budget figures. The government’s pre-election assurances outlined £8.6
A surge in national insurance contributions imposed by Rachel Reeves in her first budget has roiled businesses across the United Kingdom, with employers facing significant challenges since the new measures
Britain’s largest bus and coach companies have issued a warning that rural transport services could come under threat if the government decides to raise national insurance or fuel duty in
Rachel Reeves, Chancellor of the Exchequer, is expected to introduce a significant new cap on pension tax relief as part of the upcoming budget. This move will see the government
Rachel Reeves is preparing a potential £4 billion tax raid targeting generous pension perks, with higher earners and large firms likely to bear the brunt. The Chancellor is expected to
Rachel Reeves, the Chancellor, is considering a bold and controversial move that could see Labour breach its 2024 manifesto commitments. Sources inside the Treasury indicate that a 2p rise in
Britain’s small and medium-sized businesses are expressing mounting concern over the twin threats of rising taxes and stubborn inflation rates as the country heads towards the next budget announcement. A
Across England, local councils are under growing financial strain as they struggle to balance budgets in the face of sharply rising costs and demand for adult social care. The latest
Pressure is mounting on Chancellor Rachel Reeves to execute a £6bn tax raid targeting pensioners, landlords and the self-employed, as advocated by the highly influential Resolution Foundation. The think tank,
The Treasury is actively considering a tax increase on landlords by extending national insurance contributions to rental income for the first time. In a move designed to fill a potential
The UK hospitality sector has been rocked by a wave of job losses following tax changes introduced in the autumn budget. The lowwage industry—encompassing pubs, bars, restaurants, hotels and indoor
British businesses are witnessing a pronounced shift towards self-employed contractors following the recent government hike in employers’ national insurance contributions. Data gathered by Adzuna, a leading job search engine, reveals
Britain’s hospitality sector is facing a severe downturn as more than 1100 pubs and restaurants have closed since Chancellor Rachel Reeves’s October Budget. Recent data from CGA and AlixPartners shows
Next has reported a sharp rise in full-price sales for the thirteen weeks to 26 July, attributing its success to unseasonably warm weather and a disruptive cyber-attack at its major
