Latest in A ‘tax and spend’ budget
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'Inflation is like a regressive tax,' economist says — only one group can 'easily afford' holiday spending this year
If the thought of holiday spending makes you wince, you're not alone. Only one group can easily afford this year's costs, a survey found.Business - CNBC - 5 days ago -
At last, a government willing to spend – but this budget will expose it to two great dangers | Aditya Chakrabortty
The good news: more money is on the table. The problems lie around how it will be raised – and who doesn’t stand to benefit. Change. That’s what Keir Starmer promised, isn’t it? In white letters ...World - The Guardian - 5 days ago -
Britain faces warnings of a tech exodus over tax plans ahead of high-stakes budget
Technology bosses and investors warn the U.K. could face an exodus of entrepreneurs if the government hikes capital gains tax — a levy on investment profits.Business - CNBC - October 21 -
It’s hard to fill a budget black hole if you’ve ruled out raising income tax | William Keegan
Keir Starmer and Rachel Reeves were so desperate to win the election that they deprived themselves of the best tools for fixing their bleak ‘inheritance’. It saddens those of us who waited so long ...World - The Guardian - October 27 -
UK’s rising fiscal burden narrows tax gap with Europe
Britain’s fiscal picture is closer to EU averages than it has been for decadesBusiness - Financial Times - 6 days ago -
U.K. borrowing costs rise in volatile trade after budget delivered
U.K. government bond yields were volatile on Wednesday as traders initially welcomed news that the government would prioritize tax rises ahead of increased borrowing as it strives to fill a fiscal ...Business - MarketWatch - 5 days ago -
Budget 2024: Reeves reveals £40bn in tax rises as she promises to rebuild public services
Chancellor announces increases in taxation for businesses and the wealthy, and more money for the NHS and schools. Autumn budget live: latest news updates Budget 2024: key points at a ...World - The Guardian - 5 days ago -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - 5 days ago -
Starmer insists pro-growth policies on way after OBR’s budget warnings – UK politics live
PM says budget just ‘first step’ after watchdog said measures would make no difference to growth over five years. Rachel Reeves is now being interview on ITV’s Good Morning Britain.. She is being ...World - The Guardian - 4 days ago -
UK borrowing costs soar day after Labour government unveiled tax-raising budget
U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing.Business - CNBC - 4 days ago -
UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”
UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”World - ABC News - 6 days ago -
IMF hails Reeves’ ‘sustainable’ tax rises; Resolution Foundation says budget marks ‘decisive shift from planned cuts’ – business live
Foundation says there will be better funded public services in schools, NHS and justice but households face further squeeze. And a few more – Resolution Foundation analysis:. Tax and benefit ...World - The Guardian - 5 days ago -
Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All
The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.Business - The New York Times - October 24