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 - 3 hours ago

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Taxes rise as chancellor delivers the first Labour budget since 2010

Business - Financial Times - 13 hours ago

Chris Mason: Big tax, borrowing and spending plans

BBC Political Editor Chris Mason decodes the big plans revealed in Rachel Reeves first budget.

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 - 6 hours ago

UK borrowing costs rise as Reeves’ spending plans unnerve investors

Ten-year gilt yield hits five-month high after chancellor’s first Budget

Business - Financial Times - 3 hours ago

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

UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds

Rachel Reeves, the finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.

Business - The New York Times - 3 hours ago

UK borrowing rises ahead of Budget

Official data shows borrowing - the difference between spending and tax take - reached £16.6bn last month.

Working people will pay the price of higher taxes for employers

Increasing the burden on companies may not affect workers’ payslips today, but it won’t be long

World - Financial Times - 3 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 should use private capital to rebuild NHS, say health leaders

Report by NHS Confederation concludes that ministers are likely to need several options to raise capital

World - Financial Times - October 17

Reeves embarks on Budget that will define Labour government

Prime minister and chancellor aim to convey sense of joint purpose ahead of long-awaited fiscal event on Wednesday

Business - Financial Times - 2 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 - 6 days ago

Tax threshold freeze not a pledge-breaker - Labour sources

Government sources insist the move would not constitute a breach of Labour's manifesto tax pledge.

Amex sees strong discretionary spending, but stock retreats after solid 2024 run

The company says new member benefits are resonating with younger generations.

Business - MarketWatch - October 18

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.

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 - 2 hours ago

The Papers: 'Prepare for higher taxes' and 'I legally punished' Sara

Some of Tuesday's papers lead on the chancellor's hint that business taxes will rise.

The IRS unveils higher capital gains tax brackets for 2025

The IRS has unveiled higher long-term capital gains brackets for 2025. Here's what investors need to know.

Business - CNBC - October 22

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 hours ago

McDonald's Execs Seek to Rebuild Trust After E. Coli Threatens Sales Rebound

The fast-food giant seeks to rebound from an E. coli outbreak and maintain its focus on value offerings for diners.

Business - The Wall Street Journal - Yesterday

Trump accuses Labour Party of 'foreign interference'

Labour activists volunteering in the US presidential election amounts to illegal "contributions", the complaint alleges.

UK Budget: What to Know Before Labour’s Announcement

The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.

Top stories - The New York Times - 2 days ago

Bond market braced for rise in UK debt issuance to £300bn this year

Investment banks pencil in second-biggest annual gilt sales figure on record ahead of Labour’s first Budget

Business - Financial Times - 2 days ago

Companies curb UK advertising spending ahead of the Budget

Marketing budgets fail to grow for the first time in 14 quarters, trade body finds

Business - Financial Times - October 16

FirstFT: Partner pay at US law firms hits record levels

Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programme

World - Financial Times - 5 days ago

Why Georgia’s EU future is on the ballot in historic parliament vote

Also in this newsletter: Russian migrant-smuggling ring busted

World - Financial Times - 5 days ago

Maxx Crosby trade on horizon? Raiders star 'not here to rebuild,' says winning now 'all that matters to me'

Like his ex-Raiders All-Pro teammate, Crosby may not want to stick around

Sports - CBS Sports - October 17

Britain's Labour government to deliver debut Budget this week, settling weeks of uncertainty

U.K. Finance Minister Rachel Reeves will deliver the government's hotly awaited debut budget on Wednesday, putting to bed weeks of uncertainty over potential tax hikes and spending cuts.

Business - CNBC - 2 days ago

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