Bankers fear Reeves is preparing UK Budget tax raid on sector

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 - October 31

Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK

British Treasury chief Rachel Reeves says taxes will rise by $52 billion to plug a hole in the public finances and provide new funding for the U.K.‘s cash-starved public services, as she announced ...

World - ABC News - October 30

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 result

World - Financial Times - October 31

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 - October 31

JD Wetherspoon warns of near-£60mn jump in taxes and costs following UK Budget

Pub chain says rise from higher taxes and NI contributions will fuel inflation

World - Financial Times - 3 days ago

Tax changes in budget last straw for UK farmers after ‘years of being squeezed’

Farmers’ union to bring 1,800 members to Westminster in protest, but some say mega-rich landowners are the problem. In the next few weeks tractors full of angry farmers could roll through the ...

World - The Guardian - Yesterday

UK regulator sets out plans for earlier banker bonuses

Prudential Regulation Authority chief says 8-year deferral period, introduced after financial crisis, could be cut to 5 years

Business - Financial Times - October 18

Netflix Europe offices raided in tax fraud probe

The raid is part of an investigation in France and the Netherlands that began in November 2022.

Rachel Reeves’s Budget balancing act

The chancellor’s tax plans must avoid overburdening business and investors

Business - Financial Times - October 21

Where is the growth in Reeves' 'Budget for growth'?

Labour's first Budget in 14 years had a lot to say about growth, but forecasts paint a mixed picture.

Windfall tax backlash menaces Spain's green energy sector

World - Yahoo News - October 22

Inheritance tax increases expected in Budget

It is not known how many people are likely to end up paying more under the government's plan.

Reeves eyeing £40bn in tax rises and spending cuts

Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.

Beard taxes and other lessons for Rachel Reeves

The chancellor could find new ways to raise money — or she could just broaden the tax base

World - Financial Times - October 18

Reeves looks to keep ‘stealth tax’ freeze on thresholds

Budget move on individual income could raise £7bn a year towards plugging £40bn fiscal shortfall

Business - Financial Times - October 18

The Papers: Reeves 'will tax businesses' and Hoy's terminal diagnosis

Reeves' Budget plans are in the spotlight for many Sunday papers, while Liam Payne's death continues to draw the attention of several others.

Hunt warns that Reeves will ‘trash’ economy with business tax hikes

Shadow chancellor says he rejected Treasury advice to raise employers’ national insurance payments

World - Financial Times - October 22

Sunak accuses Reeves of breaking election promises on tax

Tory leader says Labour chancellor is ‘fiddling the fiscal rules’ in her first Budget

Business - Financial Times - October 30

Silicon Valley’s General Catalyst raises $8bn in global push

New money is the largest sum raised by a venture capital firm in more than 2 years

Business - Financial Times - October 24

Budget deals struck with all departments, says Reeves

Despite reports of internal rifts all government departments have agreed spending settlements, Reeves says.

Reeves pledges £1.4bn for 'crumbling' classrooms ahead of Budget

The chancellor says the government will ensure that 50 schools in England are rebuilt every year.

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