14 h. ago Tax and labour increases costing average pub £14,000, says industry body

The British Beer and Pub Association urged the Government to reform business rates quickly to help offset recent cost rises.

Economics

41 h. ago Labour MP accuses families impacted by tax raid on private schools of 'crying to the courts' after they lost High Court bid to stop VAT on fees

Jonathan Hinder, a Labour MP, has accused families impacted by the private school tax raid of 'crying to the courts' after they lost a bid to stop the VAT on fees.

Economics

56 h. ago Voices: Starmer and Reeves are back from the brink – here’s what they must do next

After a spending review that came as a relief to many Labour backbenchers, the government must now start making the case for the ‘inevitable’ tax rises in the autumn that will be needed to deliver better public services, says Andrew Grice

Politics

3 d. ago Increase summer income and cut costs by checking for unclaimed benefits or discounts

The Department for Work and Pensions has confirmed that there will be no more one-off payments to help people cope with the cost of living crisis in 2025

Politics

3 d. ago UK’s FTSE 100 share index hits record closing high despite economy shrinking in April – business live

UK economy shrank by 0.3% in April, biggest fall since October 2023, as trade with the US slumped.. but FTSE 100 ends at new record closeFull story: UK economy shrinks by 0.3% as as exports hit by Trump trade warNicholas Hyett, Investment Manager at Wealth Club, blames “a cocktail of headwinds to growth” for the 0.3% fall in UK GDP in April.Hyett says:In the very short term the change to Stamp Duty rules have put the legal and property services on ice - with legal activities down 10.2% month-on-month.New barriers to trade with the US and changes to employment costs, from a higher living wage and increased national insurance contributions, are a longer term challenge.“The 0.3% m/m fall in real GDP in April supports our view that the strength in Q1 was unsustainable. This won’t prompt the Bank of England to cut interest rates next Thursday. But it is one more piece of news pointing to another cut in August.”We still expect the Bank Rate to be maintained at 4.25% in the June meeting, t...

Economics

4 d. ago Largest ever plunge in UK exports to US as Trump tariffs hurt growth; dollar hits three

UK economy shrank by 0.3% in April, biggest fall since October 2023, as trade with the US slumpedFull story: UK economy shrinks by 0.3% as as exports hit by Trump trade warNicholas Hyett, Investment Manager at Wealth Club, blames “a cocktail of headwinds to growth” for the 0.3% fall in UK GDP in April.Hyett says:In the very short term the change to Stamp Duty rules have put the legal and property services on ice - with legal activities down 10.2% month-on-month.New barriers to trade with the US and changes to employment costs, from a higher living wage and increased national insurance contributions, are a longer term challenge.“The 0.3% m/m fall in real GDP in April supports our view that the strength in Q1 was unsustainable. This won’t prompt the Bank of England to cut interest rates next Thursday. But it is one more piece of news pointing to another cut in August.”We still expect the Bank Rate to be maintained at 4.25% in the June meeting, to allow still troubling earnings growth ...

Politics

4 d. ago A reckless splurge we (and our children) will be paying off for years: Voters brace for tax hikes as Rachel Reeves embarks on unprecedented spending spree

In a return to Labour's tax-and-spend approach, the Chancellor set out plans to 'invest' a staggering £4 trillion to fund 'the renewal of Britain'.

Economics

4 d. ago Major pub chain forced to hike the cost of a pint by 15p after Labour's tax grab landed it with extra £8million staff costs

Fuller's says the rise in national insurance contributions (NICs) from last October's budget as well as the higher minimum wage from April has left the firm badly hit.

Economics

5 d. 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

5 d. 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

5 d. ago Labour's 'dangerous' spending spree stokes tax rise fears: Brits warned of looming increases as Rachel Reeves lays out 'unrealistic' spending plans TODAY

The Cabinet is signing off the spending review before the Chancellor announces the details in the Commons at lunchtime.

Events

5 d. ago Mauritius 'will use cash from Labour's Chagos Islands deal to scrap income tax for 81% of its population and help pay off its national debt'

The Prime Minister last month signed an agreement to cede sovereignty of the stretegically-important Indian Ocean archipelago to Mauritius.

Economics

5 d. ago Reefs made from human ashes could revive British seabeds, says startup

UK company offers alternative to land-based burials after success of memorials in Bali made from remains of petsDeath is killing our planet. That is the stark assessment of a new business offering an innovative alternative: to have your loved one’s ashes made into a reef and anchored to the British seabed.There are increasing concerns about the environmental cost of traditional funerals: a single burial generates 833kg of CO2, while a typical cremation has a footprint of about 400kg CO2. Continue reading...

Politics

5 d. ago Labour splashes the cash but who's going to pick up the bill? Brits warned of looming tax hikes as Rachel Reeves lays out 'unrealistic' spending plans TODAY

The Cabinet is set to sign off the spending review before the Chancellor announces the details in the Commons at lunchtime.

Economics

5 d. ago Soaring food prices could deter tourists from Brit holiday hotspot

The Balearic Islands have seen a rise in the cost of essential goods like oil and bottled water, with the increasing cost of living now the top concern for residents

Society

6 d. ago Floundering Rachel Reeves admits Brits are NOT feeling better off as jobs slump after Labour's tax raid... with fears she will have to up the burden AGAIN after spending crunch

Rachel Reeves acknowledged 'working people' are not seeing 'progress' in their everyday lives as she prepares to deliver a crucial spending review tomorrow.

Economics

6 d. ago UK unemployment rises to highest level since 2021 as job vacancies fall

Experts have blamed a slowdown in the jobs market on a tax and cost increases for employers announced by Chancellor Rachel Reeves in the autumn Budget

Politics

9 d. ago Family SUVs face road tax hikes under new proposals pushed by Labour politicians

The call for higher levies on large SUVs, often chosen by families for their space, came from Labour and Green party members of the London Assembly.

Politics

1 week ago Angela Rayner sees surge in popularity after she called on Rachel Reeves to bring in tax rises for the wealthy

Angela Rayner has had a huge leap in popularity among Labour members after demanding tax rises.

Economics

1 week ago Labour's 'winter fuel death tax': Tens of thousands of grieving families could be hounded to pick up their dead elderly relative's HMRC bill

The families of dead pensioners could be hounded by the taxman under Labour's winter fuel payments U-turn, it emerged yesterday.

Events