Latest in Budget Hit Business
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Budget to benefit less affluent shoppers despite hit to business, says Primark owner
ABF warns changes to national insurance and wages will cost it tens of millions but remains optimisticBusiness - Financial Times - 8 hours ago -
Reeves signals business taxes will rise in Budget
Chancellor says companies understand government must make ‘difficult decisions’ to balance booksBusiness - Financial Times - October 14 -
UK consumer and business confidence weaken ahead of Budget
Indices hit lowest levels this year as Britons ‘hold their breath’ for tax rises on October 30Business - Financial Times - October 24 -
Inheritance tax reforms to hit business owners and farmers
Tax relief to be capped on assets worth more than £1mnWorld - Financial Times - 6 days ago -
Workers warned Budget tax rises will hit their wages
Economists say tax rises in the Budget will mean employers have less to give as pay rises.Top stories - BBC News - 5 days ago -
Autumn Budget: business fears big rise in national insurance
Tax experts warn of potential hit to retirement savings as companies race to calculate impact on costsWorld - Financial Times - October 14 -
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 -
UK consumers in ‘a despondent mood’ ahead of the budget; pound on track for worst month in a year – business live
People holding ‘their breath’ to see what’s in store for them in Rachel Reeves’s first budget, reports GfK. Budget will reverse huge cuts in UK’s public investment, Reeves confirms Fewer ...World - The Guardian - October 25 -
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 - October 26 -
Business and wealthy bear brunt of £40bn tax increases in UK Budget
Markets unsettled by extent of government borrowing as Rachel Reeves boosts spendingBusiness - Financial Times - 6 days ago -
Barclays’ chief defends Reeves as business criticises Budget tax rises
Retail and hospitality bosses warn UK chancellor that national insurance changes will lead to job lossesBusiness - Financial Times - 5 days ago -
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Israel races to supply anti-missile shield
Intense war demands have left the IDF relying on the US to fill gaps in air defencesBusiness - Financial Times - October 15 -
Business Owners in Disaster-Hit Areas Should Watch Out for Possible Scams
Widespread relief efforts will help storm-ravaged regions recover, but fraudsters are also in the mix, warn federal agencies.Business - Inc. - October 23 -
Apple Sales Hit Quarterly Record as iPhone Business Rebounds
Apple reported revenue reached an all-time high for the September quarter, propelled by a modest rebound in iPhone sales that came ahead of its release of new artificial-intelligence tools.Business - The Wall Street Journal - 4 days ago -
Gambling stocks hit by fears of UK Budget tax grab
Ladbrokes owner Entain falls 8% while Flutter loses 6%World - Financial Times - October 14 -
Premier Inn owner hit by falling demand for UK budget hotels
Whitbread profits slip as data suggests travellers are trading up to more expensive optionsWorld - Financial Times - October 16 -
Reeves’ Budget measures risk hitting ‘working people’, analysts say
Some businesses will struggle with tax rises alongside a higher minimum wage and new labour lawsWorld - Financial Times - October 29 -
Rental homes supply will be hit by Budget stamp duty changes, say landlords
Levy on second homes and buy-to-lets raised from 3 per cent to 5 per centWorld - Financial Times - 6 days ago -
UK hits wealthy with raids on non-doms, private equity and estates
Chancellor pressed ahead with contentious changes to offshore trusts used by rich foreignersBusiness - Financial Times - 6 days ago -
UK borrowing costs hit highest level this year as gilt sell-off intensifies
Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ BudgetBusiness - Financial Times - 5 days 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 - 5 days ago -
OBR expected markets to be ‘surprised by the budget’; markets brace for US election – business live
Rolling coverage of the latest economic and financial news. Associated British Foods, the owner of discount clothing chain Primark, has posted a 43% rise in pre-tax profits for the last year. . ...World - The Guardian - 10 hours ago -
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...World - The Guardian - October 15 -
Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live
Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.. Volkswagen Financial Services has apologised for the ...World - The Guardian - October 21 -
Sports Direct owner Frasers walks away from Mulberry bid; oil tumbles, dollar rallies – business live
Gold hits record high as conflict in the Middle East prompts investors to seek safe-haven assets. Azerbaijan, the host of the Cop29 global climate summit , will see a large expansion of fossil ...World - The Guardian - October 23 -
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 - 5 days ago -
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 - 6 days ago -
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 - 6 days ago