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fromwww.theguardian.com
1 day ago

This budget could make or break Labour. Yet Rachel Reeves is dangerously constrained | Larry Elliott

The budget is still a month away and speculation about its contents is already in full swing. Details of what Rachel Reeves has planned will dribble out over the coming weeks, but two things are certain: taxes are going up, and they are going up by a significant amount. Obviously, the chancellor would prefer not to be in this position.
UK politics
UK politics
fromBusiness Matters
3 days ago

Government borrowing surges to 20bn in September as Reeves faces mounting pressure ahead of tax-heavy Budget

Government borrowing rose above £20bn in September, increasing public debt and intensifying pressure on Chancellor Rachel Reeves to consider major tax rises to meet fiscal rules.
#uk-budget
fromLondon Business News | Londonlovesbusiness.com
3 weeks ago
UK politics

Reeves will deliver a much-anticipated Budget with a fiscal 'black hole' likely to mean tax rises - London Business News | Londonlovesbusiness.com

The government will likely raise taxes to close an approximately £30bn fiscal shortfall, affecting investors, markets, and potentially prompting faster Bank of England rate cuts.
fromwww.bbc.com
3 weeks ago
UK politics

Reeves warns of harder choices to come as she hints at tax rises

The government faces difficult choices between raising taxes or cutting spending to meet borrowing rules amid international economic pressures.
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UK politics
fromwww.theguardian.com
1 week ago

UK labour market shows signs of stabilising after job losses

Britain's jobs market is stabilising after earlier tax-linked job losses, showing mixed wage trends and questions over ONS labour force survey reliability.
UK politics
fromBusiness Matters
1 month ago

Reeves tax raid to 'drive unemployment up to five-year high'

Unemployment in Britain is projected to rise to 4.9% by 2026 as businesses curb hiring amid tax increases, falling vacancies, and economic weakness.
#uk-economy
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UK politics
fromwww.theguardian.com
1 month ago

UK borrowing rises to worse-than-expected 18bn in August

Public sector net borrowing rose to £18bn in August, exceeding forecasts and increasing pressure for tax rises ahead of the November budget.
UK politics
fromwww.theguardian.com
1 month ago

The Guardian view on Labour and the economy: the legacy was grim but voters need hope, not excuses | Editorial

The government faces ministerial scandals and severe fiscal pressure that may force up to 30bn of tax rises, risking internal rebellion and public backlash.
UK politics
fromBusiness Matters
1 month ago

UK business confidence rises to highest level since budget, but Reeves' tax plans spark concern

UK business confidence improved in August but remains pessimistic, with firms warning further tax rises and high costs could undermine the fragile recovery.
UK politics
fromBusiness Matters
1 month ago

Asda boss tells Rachel Reeves to stop 'taxing everything' and start investing in Britain

Broad tax increases are raising retailers' costs, pushing up inflation, reducing consumer spending and undermining investment-driven growth.
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