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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 - November 2 -
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 - November 4 -
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 - November 5 -
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 - November 5