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UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”
UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”World - ABC News - October 30 -
No mojitos and no lights: Cuba’s tourism industry fights losing battle
Power cuts and shortages of basic items plague Communist-ruled island’s vital sectorWorld - Financial Times - Yesterday -
Ex-Barclays chief John Varley pulled back into fight to clear bank’s name
Financial Conduct Authority fined lender £50mn over 2008 emergency fundraisingWorld - Financial Times - 19 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 resultWorld - Financial Times - October 31 -
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 - October 31 -
National insurance rise will hit lower-wage parts of UK economy hardest, study shows
Findings of IFS think-tank come as Reeves acknowledges policies could dampen pay growthBusiness - Financial Times - 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 -
Ryanair warns air travel tax rises mean 10% of its UK flights could be cut
CEO Michael O’Leary says decision to raise passenger duty ‘will deliver cuts, not growth’Business - Financial Times - November 1 -
Shares in UK retailers fall as sector counts cost of NICs tax rise – business live
Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...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 -
Prime UK office and shopping centre values rise for first time in 2 years
Two big London landlords say portfolio valuations improving as rents rise and rates fallBusiness - Financial Times - November 15 -
Doubts mount over Britain’s ambitious growth plans — with warnings of further tax rises possible
Doubts are mounting over the Labour government's flagship growth and investment agenda, with one analyst warning further tax rises could be on the horizon.Business - CNBC - 4 days ago