Bank of England Governor Warns Tax Rises May Delay Interest Rate Cuts
The Bank of England's governor has cautioned that recently implemented business tax increases could potentially…
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UK Economy
Budget Changes Set to Drive Surge in Business Insolvencies Says Begbies Traynor…
The recent budget announcement could prove to be the breaking point for many struggling UK businesses, according to…
UK Chancellor and Bank of England Governor Unite in Call to Strengthen EU…
In a significant development at the annual Mansion House dinner, Chancellor Rachel Reeves and Bank of England…
UK Chancellor Rachel Reeves Sets Stage for Eight Pension Megafunds Worth £80…
The UK's financial landscape is poised for a significant transformation as Chancellor Rachel Reeves announces plans…
Two in Five British Hair Salons Face Closure After Budget National Insurance Rise
The British hairdressing industry faces a severe crisis as approximately 40% of hair salons are at risk of closure…
The Race to Build a £354 Billion Pound British Pension Giant
Britain's local government pension schemes are poised for a significant transformation as Labour's Rachel Reeves…
National Insurance Hike Threatens UK Employment Recovery and Business Growth
The recent £26 billion increase in national insurance contributions announced by Chancellor Rachel Reeves has cast…
Persimmon Warns of £15 Million Pound Hit from National Insurance Changes
Britain's leading housebuilder Persimmon has cautioned shareholders about an anticipated £15 million impact from…
Bank Of England Set For Second Interest Rate Cut To 4.75 Per Cent
The Bank of England stands ready to implement its second interest rate reduction of the year, with economists…
Primark Owner Signals Potential Shift in Investment Strategy Amid Rising UK Taxes
In a surprising turn of events, the owner of popular fast-fashion retailer Primark has indicated that future…
Following “Shock and Awe” Budget Demand for UK Government Bonds…
In the wake of the UK's recent "shock and awe" budget announcement, the financial markets have been closely…
UK Investors Dump £1 Billion Sterling from Funds Ahead of Budget Tax Changes
British investors withdrew nearly £1 billion from UK-focused stock funds in October, acting pre-emptively to avoid…
UK Government Borrowing Costs Surge to Year High as Labour Budget Triggers Market…
British government bonds faced intense selling pressure on Thursday, driving borrowing costs to their peak levels…
British Tax Burden Inches Closer to European Union Average in Historic Shift
The United Kingdom's escalating tax burden has pushed government revenues nearer to European Union levels than…
UK Borrowing Costs Surge as Markets Brace for Reeves Historic First Budget
British long-term borrowing costs reached a post-election peak on Tuesday as financial markets prepared for Rachel…
Sterling Set to Soar as One of the Strongest Currencies This Year
The pound is expected to become one of the top-performing major currencies in 2024, according to leading American…
Unite Calls for Wealth Tax on Super-Rich to Fund Public Sector Pay Rises
Britain's second-largest trade union, Unite, is urging the new Labour government to introduce an emergency 1%…
Pound Surges as UK Firms Record Fastest Growth in Four Months
The pound has reached a 13-month high against the dollar, trading at $1.3118, as British companies reported their…