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UK Treasury chief unveils budget with $50 billion in tax hikes, promising greater investment

London: British Treasury chief Rachel Reeves told lawmakers Wednesday that taxes will rise by 40 billion pounds (USD 52 billion) in order to plug...

Ahead of UK Budget, British business confidence falls to 4-month low: Survey

Ahead of British Prime Minister Sir Keir Starmer’s new government’s first budget, business confidence in the UK dropped to a four-month low in October,...

First Budget won’t undermine growth goal, says UK PM Keir Starmer

Labour has committed to a fiscal rule that day-to-day costs are met by revenues and debt must be falling as a share of the...

UK: Bankers brace for big hit as fear mounts over likely budget tax blow

LONDON: UK-based banks are stepping up lobbying efforts against possible tax hikes in the government's inaugural Budget on October 30, amid mounting worries it...

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