FirstFT: Businesses bear brunt of UK Budget tax rises as borrowing costs soar

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 - 21 hours ago

UK public borrowing exceeds official forecast in September

Data comes as chancellor Rachel Reeves prepares to raise taxes in next week’s Budget

Business - Financial Times - October 22

UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”

World - ABC News - Yesterday

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.

Small Business Owners More Confident About Borrowing After Rate Cut

Entrepreneurs and the banks that finance their expansions and upgrades are more optimistic, as refinancing and new loans get easier.

Business - Inc. - Yesterday

Britain's Labour Party Bets on Big Taxes, Borrowing to Boost Economy

The U.K.’s new government presented its plan to jolt the country out of years of moribund growth: more taxes and a bigger state.

World - The Wall Street Journal - 22 hours ago

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

Inheritance tax reforms to hit business owners and farmers

Tax relief to be capped on assets worth more than £1mn

World - Financial Times - 18 hours ago

FirstFT: Musk backs Trump election bid with $75mn donation

Also in today’s newsletter, luxury shares fall after poor LVMH results and Boeing raises new capital

World - Financial Times - October 16

FirstFT: Shares in McDonald’s plunge on links to E. coli outbreak

Also in today’s newsletter, Israel claims Nasrallah’s heir killed and Starbucks scraps financial guidance

World - Financial Times - October 23

UK ministers seek to reassure bond investors on their borrowing plans

Treasury chief secretary Darren Jones sets out ‘guardrails’ for investment

Business - Financial Times - October 17

New workers' rights 'to cost firms £5bn a year'

Businesses will face additional costs over the measures which include boosts to sick pay and unfair dismissal rights.

Reeves looking at sweeping inheritance tax changes in Budget

UK chancellor considers extending ‘seven year rule’ on gift giving to 10 years among other reforms

Business - Financial Times - October 18

Paddington Bear given UK passport by Home Office

Government issues specimen document to Peruvian-born character, listing him as ‘Bear’ under its observations. He has been one of the UK’s favourite and most prominent refugees for two-thirds of a ...

World - The Guardian - October 22

BNP profits rise driven by global markets business

Eurozone’s biggest bank posts gains for third quarter across equities and fixed-income trading

Business - Financial Times - 7 hours ago

DJT stock soars amid Donald Trump's rise in the betting markets

Trump Media's shares have soared with the former President Donald Trump's rise in the betting markets.

These two ‘low tax’ states are getting socked with fast-rising property taxes

Nationally, property taxes in major cities have gone up 30% since 2019, according to a new Redfin analysis.

Business - MarketWatch - 2 days ago

Flutter chief warns on US betting tax rises

FanDuel owner says punitive duties could push customers towards unlicensed operators

Business - Financial Times - October 15

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.

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