Latest in Live Budget special: How will the UK secure growth
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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 - October 30 -
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 -
UK’s Labour just unveiled its first budget in 14 years – what is in it and will it work?
Chancellor’s solutions to improving economy and public services will be a radical change for country. Britain’s new government delivered its first budget on Wednesday setting out its plans for ...World - The Guardian - 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 resultWorld - 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 -
UK’s borrowing costs rise as Reeves’s budget prompts fears of slower interest rate cuts
Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely. . UK government borrowing costs have risen to their highest level ...World - The Guardian - October 31 -
Some UK non-doms to pay exit charges on trusts after Budget changes
Move to target wealthy foreigners comes as government makes several concessions to stem flow out of BritainWorld - Financial Times - November 1 -
The UK was crying out for a new kind of budget. Labour has given it repackaged Tory ideas | David Edgerton
A fairer, happier and more equal country is possible – but only if the party in power actually wants to make it happen. Has Labour got a radical economic programme, on a par with 1945 or 1964? Has ...World - The Guardian - November 6 -
Bank of England cuts UK interest rates again despite modest budget-related inflation spike
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%World - ABC News - November 7 -
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 - November 8 -
Small UK pub owners look overseas after Budget tax rises sap profits
Cluster of hospitality operators cancel British investments and divert spending to continental Europe insteadWorld - Financial Times - November 14 -
John Lewis chief criticises UK Budget as ‘two-handed grab’ from business
Nish Kankiwala is latest retail head to warn of additional costs for retailers and higher prices for consumersWorld - Financial Times - 3 days ago -
Autumn budget live: Rachel Reeves raises taxes by £40bn and increases spending on NHS and schools
Chancellor announces changes to employers’ national insurance contributions, inheritance tax, capital gains tax and other duties. Budget 2024: key points at a glance Full report: Reeves raises ...World - The Guardian - October 30