Latest in Cover Labour May
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In U.K. Budget, Labour’s First Big Political Moment Offers Risk and Reward
British Prime Minister Keir Starmer’s government has stumbled since his party won a landslide victory, but the financial plan to be announced on Wednesday offers a possible relaunch.World - The New York Times - October 29 -
Royal Mail couriers vote to strike as labour tensions mount
The union’s vote at the group’s eCourier unit casts a shadow over Daniel Křetínský’s £5.3bn takeover dealWorld - Financial Times - October 30 -
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 - October 30 -
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 - October 30 -
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 - October 30 -
Ikea to pay €6mn to compensate for forced labour by ex-prisoners in East Germany
Political and other prisoners were made to work producing furniture for the retailer from 1960 until 1990Business - Financial Times - October 30 -
Businesses warn Labour’s £25bn ‘tax on jobs’ will hurt hiring
Companies criticise rise in employers’ national insurance contributionsBusiness - Financial Times - October 30 -
Closure of UK inheritance tax ‘loophole’ to penalise estates of wealthy pensioners
Experts say big tax bills could result from Rachel Reeves’ move in the BudgetBusiness - Financial Times - October 30 -
Labour wants to reverse decline – but with a big budget comes a big risk
The government knows cynical voters will need to see tangible change in public services and to feel better off. At the final political cabinet before Rachel Reeves delivered her first budget this ...World - The Guardian - October 30 -
Rachel Reeves’ budget leaves her little room to manoeuvre
Bet on long-term improvements will make spending review in 2027 a crunch time for the governmentWorld - Financial Times - October 31 -
Labour’s home insulation pledge in doubt, say consumer rights groups
Campaigners warn Budget pledge falls far short of manifesto promise to support energy efficiencyWorld - Financial Times - November 1 -
Decades of bus decline and what hampers Labour’s route forward
Bus fare cap increase will have only limited effect as the Budget lacked proper funding boost to support servicesWorld - Financial Times - November 1 -
Labour needs to make good on its pro-business promise
The government must understand what it means to risk your own capital in a venture or how confidence is generatedWorld - Financial Times - November 1 -
The US-UK special relationship will survive Labour involvement in this election
The decision of Labour Party volunteers to go to the U.S to knock on doors for Vice President Kamala Harris has sparked controversy, with Republicans filing an FEC complaint and suggesting it could ...Politics - The Hill - November 1 -
US adds just 12,000 jobs as storms and strikes hit labour market
October figure far below average forecast of 100,000 job gains and comes just four days before US electionBusiness - Financial Times - November 1 -
Labour challenges Badenoch to back billions for public services and tax rises
Rachel Reeves throws down budget gauntlet to new Tory chief as party’s first black leader is congratulated on win. Labour has thrown down an immediate challenge to the new Tory leader, Kemi ...World - The Guardian - 6 days ago -
UK MPs plan to grill Shein boss over labour practices
Business select committee intends to summon fast-fashion brands over workers’ rights as soon as JanuaryWorld - Financial Times - 4 days ago -
UK's ultra-rich feel the pinch from Labour's tax-raising budget
Britain's wealthy are feeling the pinch following a slew of targeted tax hikes in the Labour government's budget, with many saying they are making good on plans to leave.Business - CNBC - 3 days ago -
Labour hedge fund donor’s profits drop 76% after restructure
Quadrature made largest single donation to party after UK election called in MayBusiness - Financial Times - 3 days ago -
Decarbonisation, downsized: what became of Labour’s Green Prosperity Plan
A Trump rollback of climate initiatives could help Europe attract funding but UK’s rebrand of goals highlights mountain aheadWorld - Financial Times - 16 hours ago -
The VW labour boss at war with management over plant closures
Daniela Cavallo views clash as existential fight for carmaking in Europe’s biggest economyBusiness - Financial Times - 21 hours ago -
Relations between Ukraine and UK are worse under Labour, say Kyiv officials
Exclusive: Zelenskyy administration expresses frustration with Starmer over lack of missiles. Ukraine’s relationship with the UK has “got worse” since the Labour government took power in July, ...World - The Guardian - 8 hours ago