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Reeves’s £40bn tax rises will boost growth ‘sustainably’, says IMF

Posted by October 31, 2024

The International Monetary Fund has welcomed the measures announced by Rachel Reeves in her first budget, saying her £40bn of tax rises would boost growth “s

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Apple sales climb but Chinese business shrinks

Posted by October 31, 2024

Apple’s sales have grown at the fastest pace for two years amid growing demand for its new iPhones, although the tech giant c

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UK approves use of export finance to secure critical minerals

Posted by October 31, 2024

Chancellor announces availability of export credit financing to help British industries access a stable, long-term supply of critical minerals. 

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Shell calls for certainty over North Sea future after UK…

Posted by October 31, 2024

Shell has called on the government to “provide certainty” over the future of the North Sea after the chancellor confirmed plans to toughen its windfall tax

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Post-budget sell-off of government bonds by worried City traders intensifies,…

Posted by October 31, 2024

UK gilt sell-off intensifies; Wall Street falls amid Meta, Microsoft warningsThe sell-off of UK government bonds has gathered pace, pushing yields sharply highe

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Jack Dorsey’s payments company Block expands corporate card service to…

Posted by October 31, 2024

Block's business-focused payments arm, Square, told CNBC it has rolled out it's Square Card product in Britain. It marks the first time Block

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Tax calculator: Check out how Labour’s Budget will affect you

Posted by October 31, 2024

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emailsSign up to our free breaking news emailsRachel Reeves has

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Business owners in Dereham display mixed reaction to Budget

Posted by October 31, 2024

Marvin Shalders has a few different business interests – property development, a metal recycling company and running the pub The Cock in Dereham, where he was

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Rachel Reeves didn’t scare the markets. But nor did she…

Posted by October 30, 2024

One cannot describe the reaction in financial markets as rapturous. Gilt yields initially fell, which was helpful for Rachel Reeves, but then they rose. By late

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Reeves accused of betraying small family firms with inheritance tax…

Posted by October 30, 2024

Tax rises aimed at inherited wealth are at risk of backfiring, after the chancellor was accused of betraying small family businesses while letting private equit

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Budget 2024: what it means for you

Posted by October 30, 2024

The chancellor, Rachel Reeves, has pressed the button tax and benefits changes that will have an impact on the pound in your pocket. Through a range of scenario

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UK capital gains hike seen as missed opportunity to boost…

Posted by October 30, 2024

The UK’s finance minister has raised the top capital gains tax to 24%.It’s a more modest hike than the country’s tech hub feared.But it’s still not enou

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