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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