Reeves’s £40bn tax rises will boost growth ‘sustainably’, says IMF

Rare intervention comes as Resolution Foundation says UK will remain ‘stagnation nation’ despite push to invest. ‘It has a political vision’: five viewpoints on budget Budget 2024: what it ...

World - The Guardian - 4 hours 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 - 7 hours 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 - 53 minutes ago

IMF upgrades UK growth forecast in boost to Reeves

Fund’s chief economist sees chance of more ‘aggressive’ Bank of England rate cuts as chancellor prepares for Budget

Business - Financial Times - October 22

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.

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 - 21 hours ago

Reeves aims to close £40bn funding gap as she plans tax rises in Budget

Figure is significantly more than the £22bn fiscal hole the government previously identified

Business - Financial Times - October 15

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 - 23 hours ago

Business and wealthy bear brunt of £40bn tax increases in UK Budget

Markets unsettled by extent of government borrowing as Rachel Reeves boosts spending

Business - Financial Times - 20 hours ago

Reeves signals business taxes will rise in Budget

Chancellor says companies understand government must make ‘difficult decisions’ to balance books

Business - Financial Times - October 14

Samsung falls short of expectations as chipmaker fails to reap AI benefits

Third-quarter operating profit far lower than analyst consensus and trails domestic rival SK Hynix

World - Financial Times - 9 hours ago

Donald Trump and the autocrats' playbook

‘This is a man who should be nowhere near power’

World - Financial Times - 10 hours ago

UK Labour’s Budget borrows big, taxes more

Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowing

World - Financial Times - 10 hours ago

Bank of Japan holds rates but signals normalisation still on track

Political uncertainty following election upset raises risks of abrupt policy shifts, warn analysts

World - Financial Times - 7 hours 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 result

World - Financial Times - 5 hours ago

Making sense of sentiment

And Trump equity trades

World - Financial Times - 8 hours ago

Stellantis hit by sales slide in US and Europe

Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventory

World - Financial Times - 7 hours ago

Reeves expected to focus rise in capital gains tax on share sales

Chancellor likely to increase CGT in October 30 Budget as part of efforts to close £40bn funding gap

Business - Financial Times - October 16

Rachel Reeves aims to raise up to £20bn from national insurance rise

Employers’ contributions set to increase by 2 percentage points in next week’s Budget

Business - Financial Times - 5 days ago

Asia has ‘enormous’ shortfall of funds to adapt to climate change, warns ADB

Development bank report says region still needs hundreds of billions of dollars for action to tackle impact of global warming

World - Financial Times - 14 hours ago

Chinese sanctions hit US drone maker supplying Ukraine

Beijing’s move leaves California company rushing to find new battery providers

World - Financial Times - 2 hours ago

Tax rises needed to avert austerity, Starmer says

The prime minister gives a gloomy economic picture as he set out his justifications for "tough decisions" in the Budget.

IMF raises 2025 growth forecast

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story IMF sounds death knell over inflation, raises 2025 outlook International Monetary ...

Politics - The Hill - October 22

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.

Sustainable Aviation Fuel Projects Get Government Boost

The Department of Energy offered conditional loan guarantees worth about $3 billion for two sustainable aviation fuel projects in Montana and South Dakota.

Business - Inc. - October 17