Uk Labour’s Budget

Liz Kendall expected to retain £1.3bn cut to UK sickness benefits in Budget

Move by work and pensions secretary likely to cause concern among disability rights activists

World - Financial Times - October 17

UK innovation will be undermined by science department Budget squeeze, industry leaders warn

Tight finances made worse by bill to rejoin EU programme Horizon

World - Financial Times - October 18

How can Rachel Reeves fill the UK’s £40bn Budget gap?

Chancellor’s options hemmed in by Labour election promises and NHS spending

Business - Financial Times - October 18

Reeves Puts Bond Market Over UK Ministers in High-Risk Budget

World - Yahoo News - October 19

UK capital gains tax receipts surge ahead of Budget

Revenue rises 16.3% between July and September as investors rush to get ahead of expected rate increase

Business - Financial Times - October 22

UK to slash overseas aid in Budget as asylum seeker costs rise

International development organisations warn country’s contribution could slump to its lowest level in 17 years

Business - Financial Times - October 22

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 - 6 days ago

‘The storm before the storm’: UK lawyers race to deal with deluge of Budget enquiries

Proposed changes to inheritance and capital gains taxes have led to frenzy of client activity

World - Financial Times - 3 days ago

Keir Starmer warns the UK budget this week will reflect 'harsh' economic reality

British Prime Minister Keir Starmer says fixing Britain’s troubled economy will be a long haul in a “harsh” fiscal environment

World - ABC News - 2 days ago

FirstFT: Harris calls on America to ‘turn the page’ on Trump

Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after results

World - Financial Times - Yesterday

Scotland to receive extra £3.4bn from UK Budget, says chancellor

Rachel Reeves has announced several measures that will directly affect Scotland.

The UK Budget in five charts: Reeves limits BoE space for rate cuts

Central bank is nevertheless still likely to ease policy this year and next

Business - Financial Times - 21 hours ago

Budget boost to UK economy forecast to fade after two years

The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.

UK hits wealthy with raids on non-doms, private equity and estates

Chancellor pressed ahead with contentious changes to offshore trusts used by rich foreigners

Business - Financial Times - 19 hours ago

UK borrowing costs hit highest level this year after Budget

Bond market digests scale of extra borrowing from chancellor Rachel Reeves

Business - Financial Times - 19 minutes ago

Rachel Reeves gives closing speech at UK investment summit – business live

Chancellor says £60bn of investment has been announced at summit, showing confidence in UK economy. Keir Starmer will promise to slash red tape as he hosts investment summit Who will attend ...

World - The Guardian - October 14

Labour will reform benefits system to save £3bn, says minister – UK politics live

‘We will not go ahead with the Tory plan,’ Alison McGovern says, adding: ‘We will bring forward our own reforms’. Rachel Reeves is considering raising the tax on vaping products in her budget ...

World - The Guardian - October 18

UK Labour Party's efforts to help Harris draw scorn from Trump World

The Labor Party in the UK is sending over 100 current and former staff members to battleground states in the US to volunteer for Vice President Harris, sparking controversy among Republicans who ...

Politics - The Hill - October 18

Can Rachel Reeves use her defining Budget to escape UK's 'doom loop'?

The chancellor is under massive pressure to deliver - both to balance the books and fix public services.

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 1990s

Business - Financial Times - Yesterday

UK’s rising fiscal burden narrows tax gap with Europe

Britain’s fiscal picture is closer to EU averages than it has been for decades