4 d. ago Energy firms told to pass on £150 discount to customers on fixed tariffs

Energy Secretary Ed Miliband has written to energy firms calling on them to ensure that consumers on fixed energy tariffs also benefit from the cut.

Economics

4 d. ago Big Yellow warns annual business rates bill to jump by £1.8m post Budget

The business said it will be affected by an upcoming tax shake-up which will see properties worth more than £500,000 taxed at higher rates.

Economics

5 d. ago UK growth facing headwinds from tax hikes and spending cuts – OECD

The OECD said growth will slow to 1.2% next year, before edging up to 1.3% in 2027, with ‘substantial’ downside risks from fiscal tightening.

Economics

5 d. ago UK Government was ‘digging its own black hole’ before Budget, says Flynn

The Chancellor has been accused of misleading the public ahead of the Budget.

Politics

6 d. ago OBR chair quits after inquiry into early release of budget document

Richard Hughes takes ‘full responsibility’ for watchdog error as Starmer attempts to secure chancellor’s positionThe chair of the Office for Budget Responsibility has resigned after a damning internal inquiry into the leak that threw Rachel Reeves’s budget into chaos described it as the “worst failure” in the institution’s history.The departure of Richard Hughes, who said he took “full responsibility” for the watchdog’s failure to handle sensitive information, dragged the rolling recriminations over the budget into a fifth day. Continue reading...

Economics

6 d. ago OBR chair quits after inquiry into early release of Reeves’s budget

Richard Hughes departs after investigation into how official forecaster accidentally published budget 40 minutes earlyRichard Hughes, the chair of the Office for Budget Responsibility, has quit after the findings of an urgent inquiry by the watchdog into how it inadvertently published Rachel Reeves’s budget 40 minutes early.Hughes wrote to the chancellor and to Meg Hillier, the chair of the Treasury select committee, last week to apologise after the OBR uploaded its documents setting out the details of the budget before Reeves began to speak on Wednesday. Continue reading...

Economics

6 d. ago OBR must ‘change completely’ how sensitive reports published after Budget leak

A review of the watchdog’s processes for publishing has been recommended.

Politics

6 d. ago Peel Hunt cheers ‘positive steps’ in Budget to boost London market and investing

The Chancellor announced a three-year stamp duty holiday on shares bought in new UK IPOs as part of measures to encourage investing in UK shares.

Economics

7 d. ago Rachel Reeves hits back at claims she misled public on Budget headroom

Both the Conservative party and the SNP have written to the Financial Conduct Authority asking for an investigation into The Chancellor’s comments

Events

8 d. ago Reeves defends Budget tax and spending choices as ‘fair and necessary’

The Chancellor she had made choices to increase taxes and improve public infrastructure, and had ‘chosen to protect public spending’.

Economics

8 d. ago Higher business taxes to cost pub sector £150m and threaten jobs – analysis

Firms will end up paying more despite business rates being lowered in the Budget, industry bosses are warning.

Economics

9 d. ago Rachel Reeves 'lied to Brits about £21bn black hole to justify Benefits Street tax raid on workers'

Chancellor Rachel Reeves delivered a series of extraordinary grim warnings about the state of the government's books in the run-up to the Budget.

Economics

9 d. ago Fury as London pubs, hotels, and shops hammered by business rates soaring by tens of thousands of pounds

Premier Inn expects its business rate bill to go up by between £40 million and £50 million a year

Economics

9 d. ago Rachel Reeves accused of 'lying' as OBR watchdog reveals she was told MONTHS before Budget there was NO hole in the public finances... but still talked up misery to cover brutal tax hikes

Chancellor Rachel Reeves delivered a series of extraordinary grim warnings about the state of the government's books in the run-up to the Budget.

Economics

9 d. ago Frasers to give glimpse into retail conditions after ‘challenging’ year

The retail group, which owns brands including Sports Direct and House of Fraser, will publish its half-year financial results on Thursday.

Politics

9 d. ago No 10 denies Reeves misled over black hole as OBR letter challenges warnings

The Chancellor was told in October by the Budget watchdog that her spending plans would no longer incur a black hole.

Events

1 week ago How Rachel Reeves' Budget is killing the Scotch whisky golden goose

It seems inevitable that we will see more Scotch whisky companies close their doors over the next year

Events

1 week ago US banks announce UK expansion in ‘commitment’ to economy post

The fresh commitments to their businesses in the UK come a day after the autumn Budget statement.

Economics

1 week ago Rachel Reeves insists tax on working people kept at ‘absolute minimum’ at Budget

The Chancellor struck a defiant tone, saying: ‘You’re not going to write my obituary,’ a day after her statement.

Economics

1 week ago Reeves should be more ambitious on tax reform to boost economic growth – IFS

The Institute for Fiscal Studies’ director Helen Miller called on the Chancellor to be more ambitious about measures to boost growth.

Economics