16 h. ago Labour Left's £120BILLION tax menu: MPs tell Reeves to hike NICs again, target banks and hammer shareholders to fund 'unsustainable' spending splurge

Keir Starmer has urged to raise up to £120billion from Brits by increasing national insurance again, targeting banks and hammering shareholders.

Economics

2 w. ago It’s also a ‘new era’ for share prices in the defence sector

Nato’s spending splurge has made Babcock hot – a sign fundamental change in dull income defence stocks is happening It’s a miracle. Babcock International, the defence contractor with a specialism in kitting out the UK’s nuclear submarines, has emerged from the depths. After about half a decade in which the story was mostly about cost overruns, acquisition indigestion, accounting woes, pension deficits and too much debt, Babcock is suddenly back in the FTSE 100 index and is a hot stock. The share price has more than doubled this year.Of course it’s not really a miracle because the performance is easily explained. A fix-the-basics strategy was started in 2020 under ex-Cobham boss David Lockwood and has worked. The last of the badly performing major contracts – to build first-of-a-kind Type 31 frigates for the Royal Navy – is no longer spitting out provisions. Continue reading...

Politics

3 w. ago Rachel Reeves' spending splurge plans are ALREADY in chaos after GDP fell 0.3% in April

GDP was down 0.3 per cent in April, worse than analysts had expected, and raising more questions about the realism of the Chancellor's splurge on services.

Events

4 w. ago Spend now, tax later! Rachel Reeves splurges on NHS and Net Zero... despite fears she has no idea where the money is coming from

Unveiling the Spending Review in the Commons, Chancellor Rachel Reeves claimed she is 'renewing Britain'.

Economics

4 w. ago Brits on high alert for tax hikes as Rachel Reeves unveils spending plans: Chancellor splurges on NHS and Net Zero... despite fears she has no idea where the money is coming from

Unveiling the Spending Review in the Commons, Chancellor Rachel Reeves claimed she is 'renewing Britain'.

Economics

last month How Man City can spend big this summer as £369m reason given for transfer splurge

Manchester City are braced for a busy summer with Rayan Ait-Nouri already in the building and three more to follow

Economics