We’ll also be paying more national insurance, capital gains tax, dividend tax, stamp duty and council tax under Labour Chancellor Rachel Reeves. Sarah Coles, head of personal finance at Hargreaves Lansdown, said the UK's record tax haul makes it ...
Rachel Reeves, U.K. Chancellor of the Exchequer, joins 'Squawk Box' to discuss her efforts to bring U.S. companies to the U.K., impact of President Trump's tariff proposals, trade partnership with U.S.
The Chancellor has vowed not to increase taxes again this parliament but experts fear the state of the UK economy might leave her with little option.
For a Labour chancellor it was a bold move: Rachel Reeves went to Davos and told an audience of global plutocrats that she wanted to make their lives easier by creating a riskier regulatory environment for UK consumers.
President Donald Trump found a letter from former President Biden in a drawer of the Resolute Desk in the Oval Office of the White House on Monday evening. Trump had spent nearly $20 million on anti-trans ads during his campaign, and delivered an expected blow to the trans community once inaugurated.
We got the latest UK employment data this morning. With the usual caveats around its reliability, there are signs of the market slowing — unemployment rose from 4.3% to 4.4% — but wage growth remains strong. Both regular pay and pay with bonuses rose by 5.6% in the year to November, which means wages are rising well ahead of inflation.
UK borrowing costs rose unexpectedly to £17.8billion in December, but Chancellor Rachel Reeves remains confident in the country's financial health following the October budget. This figure was around 25 per cent higher than what economists had predicted and was £10.
The chancellor, speaking to Sky News at Davos, says she does not think the UK would be a target for tariffs threatened by president Donald Trump.
Bringing growth to the British economy is a higher priority than Labour’s net zero goals, Rachel Reeves has said.
Rachel Reeves was flying back from China into an economic storm as the Pound lost further ground against the Dollar and the cost of long-term Government borrowing hit a new high early on Monday.
Britain’s first woman Chancellor delivers the same old fudge, as Labour’s commitment to economic orthodoxy, seen throughout its history, always betrays working people, writes KEITH FLETT
Labour MP for South Shields Emma Lewell-Buck urged Chancellor Rachel Reeves to consider reducing VAT for the hospitality, tourism and leisure sectors.