Latest in Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK
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Tax blow for 1mn UK top earners by 2027
Fiscal drag will pull thousands more into a 60 per cent marginal rateWorld - Financial Times - 4 days ago -
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Trump accuses UK Labour party of interference in White House race
Keir Starmer seeks to defuse potential transatlantic disputeBusiness - Financial Times - October 23 -
Trump files extraordinary complaint claiming election meddling by UK Labour party
Allegation references LinkedIn post saying 100 party staffers were headed to US to campaign for Harris. First King George III. Now Sir Keir Starmer.. Citing the American revolution while ...World - The Guardian - October 23 -
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 guidanceWorld - Financial Times - October 23 -
UK's ruling Labour Party rejects accusations of U.S. election interference
The U.K.'s ruling Labour Party has rejected accusations by Donald Trump's campaign team that its party members have interfered in the U.S. election.Business - CNBC - October 23 -
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 BudgetBusiness - Financial Times - 4 days ago -
UK must show ‘swagger’ to attract spending, investment minister says
Keir Starmer ‘supports’ rather than ‘degrades’ businesses, Poppy Gustafsson tells FTBusiness - Financial Times - October 15 -
UK borrowing costs hit post-election high on eve of Reeves’ first Budget
Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990sBusiness - Financial Times - 14 hours ago -
All of Kamala Harris’s and Donald Trump’s proposed tax breaks — in two charts
Democratic presidential nominee Kamala Harris and Republican rival Donald Trump have floated many tax plans as they compete for votes in the tight White House race.Business - MarketWatch - October 16 -
Reeves to promise ‘wealth and opportunity for all’ in major tax-raising budget
Having announced minimum wage boost, chancellor to say she can spare working people from tax rises. Autumn budget live: latest news updates The UK’s national minimum wage is to rise by a ...World - The Guardian - Yesterday -
Worries about deficit spending after election bog down U.S. government debt
With about two weeks left before the Nov. 5 election, Treasury yields extending their climb from September’s lows on Monday — spurred in part by growing concern about the path of the U.S. deficit ...Business - MarketWatch - October 21 -
UK regulator approves second Alzheimer's drug in months but government won't pay for it
Britain’s drug regulator approved the Alzheimer’s drug Kisunla on Wednesday, but the government won’t be paying for it after an independent watchdog agency said the treatment isn’t worth the cost ...Health - ABC News - October 23 -
UK regulator approves second Alzheimer's drug in months but government won't pay for it
Britain’s drug regulator approved the Alzheimer’s drug Kisunla on Wednesday, but the government won’t be paying for it after an independent watchdog agency said the treatment isn’t worth the cost ...World - ABC News - October 23 -
UK visa process for AI experts should be streamlined, says government adviser
Recommendations from Matt Clifford on boosting the tech industry also include special zones for data centresBusiness - Financial Times - 18 hours 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 - 5 hours ago -
'Inflation is like a regressive tax,' economist says — only one group can 'easily afford' holiday spending this year
If the thought of holiday spending makes you wince, you're not alone. Only one group can easily afford this year's costs, a survey found.Business - CNBC - 2 hours ago -
UK bookmakers don’t want to (and probably won’t have to) pay more tax
Won’t somebody please think of Queen Camilla?Business - Financial Times - October 14 -
Gambling stocks hit by fears of UK Budget tax grab
Ladbrokes owner Entain falls 8% while Flutter loses 6%World - Financial Times - October 14 -
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UK tax rises acceptable if part of pro-business Budget, CBI says
Rupert Soames believes companies will judge October 30 measures ‘in the round’Business - Financial Times - October 15
