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Financial market worries over the UK budget appear to ease

LONDON -- Worries about this week's tax-raising U.K. budget within financial markets appeared to ease Friday with the interest rates charged on British debt...

British fintech founder who moved to U.S.: U.K. tech’s problem isn’t taxes—it’s ambition

When a government announces tax hikes and entrepreneurs celebrate, you know something’s deeply wrong. Yet that’s exactly what happened in Britain this week, as...

Nearly half of business owners would look to exit UK if budget delivers tax hikes

Almost half of business owners said that they would consider moving their companies abroad if taxes were increased in the upcoming autumn budget, research...

Rachel Reeves warned ‘jobs tax’ will destroy business confidence

Labour’s “jobs tax” will hammer business confidence and scare away investors (Image: Jonathan Brady/PA Wire)The Chancellor gave her strongest signal yet employer national insurance...

easyJet issues warning to those travelling to Spain, Greece and Tunisia

Travellers who are planning a trip to popular destinations Spain, Greece and Tunisia are being warned that they could be paying "hundreds of pounds"...

Could Britain’s soaring taxes push energy companies to Norway?

UK taxes on oil and gas profits have risen from 40% to about 78% in the...

UK’s new Treasury chief says previous government ‘covered up’ financial turmoil ahead of election

LONDON -- LONDON (AP) — Britain’s new Treasury chief is alleging that the previous government covered up the dire state of the nation’s finances,...

Globally-mobile millionaires threaten to leave Britain over tax revamp

The Labour government reckons it can raise an extra 5 billion pounds a year by tackling domestic tax avoidance. Photo: Pexels6 min read ...

UK election-winner Starmer inherits weak economy with ‘no magic wand’

Britain's next prime minister Keir Starmer spent the election campaign accusing Rishi Sunak's Conservatives of "14 years of economic failure", but he has no...

Small firms demand cuts to taxes and employment costs to deliver growth and jobs

Small business owners fear increases in taxes and other costs following the general election, according new research.The Federation of Small Business (FSB) has warned...

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