Latest in Tax Britain
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Goodbye to low-tax Britain
One does not need to subscribe to hyperbolic Tory rhetoric to recognise that this Budget heralded a major shiftBusiness - Financial Times - 7 hours ago -
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 - 26 minutes ago -
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 - 10 hours ago -
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 - 7 hours ago -
Britain faces warnings of a tech exodus over tax plans ahead of high-stakes budget
Technology bosses and investors warn the U.K. could face an exodus of entrepreneurs if the government hikes capital gains tax — a levy on investment profits.Business - CNBC - October 21 -
Britain’s period of ‘National Reviewal’
Also in this week’s newsletter, SME export sales dipWorld - Financial Times - 6 days ago -
Three tests for Britain’s Budget
Reeves must stabilise the economy, and pave the way for higher growthBusiness - Financial Times - 3 days ago -
The pressures on Britain’s state, in charts
Ageing population is a great policy achievement but the higher costs demand tax increases and improved growthWorld - Financial Times - 15 hours ago -
Cooper 'believes in Britain's coaching pathway'
Leicester City manager Steve Cooper says he believes in Britain's culture and coaching pathway following Thomas Tuchel's appointment as England head coach.Top stories - BBC News - October 17 -
The problem with Britain’s red tape obsession
UK has repeatedly promised to reduce bureaucracy, but such pledges have also kept falling shortWorld - Financial Times - October 20 -
PHOTO COLLECTION: Australia Britain Royals
This is a collection of photos chosen by AP photo editors.Entertainment - ABC News - October 21 -
Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All
The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.Business - The New York Times - 6 days ago -
The Papers: 'Right time to buy into Britain' and university expenses
The papers lead on a variety of stories, including a business summit in the UK on Monday.Top stories - BBC News - October 14 -
Britain rejoins the EU foreign affairs council — for lunch
Also in this newsletter: the EU countries pushing for more, not less, green policyWorld - Financial Times - October 14 -
Britain’s summer riots paid off for one company
Mitie Group, a provider of outsourcing services, said the provision of “surge response” security services for the U.K. Home Office was one factor behind a 13% rise in revenue in the first halfBusiness - MarketWatch - October 15 -
Britain's Fearnley extends winning streak to 13 matches
Britain's Jacob Fearnley extends his winning streak to 13 matches as he beats Corentin Moutet at the Stockholm Open.Top stories - BBC News - October 15 -
MP launches plan to 'make Britain vaguely civilised'
Neil O'Brien's ideas include big fines for playing music on transport and a crackdown on spitting.Top stories - BBC News - 6 days ago -
Jilly Cooper’s Britain: world capital of bad sex
A British weakness for bawdy banter is at the heart of hit TV show ‘Rivals’. Isn’t it time we grew up?Business - Financial Times - 4 days ago -
UK Budget: What to Know Before Labour’s Announcement
The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.Top stories - The New York Times - 2 days ago -
‘No shortcuts’: Labour sets Britain on risky road to recovery
Starmer and Reeves have time on their side as they take major political gambleBusiness - Financial Times - 10 hours ago -
Britain’s Labour Budget: bold ambition, uncertain prospects
Rachel Reeves must now deliver on her investment plans, or taxes will rise even furtherWorld - Financial Times - 6 hours ago -
These two ‘low tax’ states are getting socked with fast-rising property taxes
Nationally, property taxes in major cities have gone up 30% since 2019, according to a new Redfin analysis.Business - MarketWatch - Yesterday -
Inheritance tax increases expected in Budget
It is not known how many people are likely to end up paying more under the government's plan.Top stories - BBC News - October 17 -
Who has to pay inheritance tax?
Inheritance tax is again creating political debate so how does it work and who pays?Top stories - BBC News - October 18 -
Capital gains tax: a short history
Since its beginnings in 1965, many UK chancellors have sought to reform the levy as a means of spurring economic growthWorld - Financial Times - October 19 -
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 hours ago -
Why it’s hard to box in the wealthy on tax
Budget measures and missed opportunities show difficulty of raising large sums from highly mobile executivesWorld - Financial Times - 7 hours ago -
International investors descend on London as Labour tries to woo new business to Britain
Uncertainty around the event and suspected tax changes in the upcoming budget has left many investors in the dark.Business - CNBC - October 14 -
Britain hosts an international investment summit and denies snubbing Elon Musk
Britain’s new Labour Party government is announcing $82 billion in investment in U.K. artificial intelligence, life sciences, infrastructure and technology at a business summitWorld - ABC News - October 14 -
Why is Halloween suddenly so big in Britain? | Zoe Williams
It used to mean a few kids throwing bedsheets over their heads in exchange for sweets. Nowadays, any gathering between September and Christmas is an excuse for fancy dress. When a fella of 17 ...World - The Guardian - October 14 -
Hereditary nobles have sat in Britain's Parliament for centuries. Their time may be up
British lawmakers are voting on a bill to strip hereditary aristocrats of the right to sit and vote in the House of Lords after more than 700 yearsWorld - ABC News - October 15 -
UK considering sanctions against far-right Israeli ministers
Starmer tells MPs that government is ‘looking at’ imposing curbs over ‘abhorrent’ comments on GazaBusiness - Financial Times - October 16 -
‘A triumph’: London’s £19bn Elizabeth line is named best new architecture in Britain
With its futuristic panels, airy tunnels and elegantly unified design, the 73-mile addition to the tube is a worthy winner of the prestigious Stirling prize – and puts the rest of the creaking, ...World - The Guardian - October 16 -
Ascot gears up for Britain’s richest day at races with £4m on offer
Champions Day will not have the pulling power of Dettori’s farewell last year but the signs are the buzz still lingers. If last year’s Champions Day at Ascot showed the pulling power of a sporting ...World - The Guardian - October 18 -
New Zealand beat Great Britain to win America's Cup
New Zealand retain the America's Cup after beating Great Britain 7-2 in the 37th edition of the event.Top stories - BBC News - October 19