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

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London: British Treasury chief Rachel Reeves told lawmakers Wednesday that taxes will rise by 40 billion pounds (USD 52 billion) in order to plug...
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UK Business Confidence Sinks To 4-month Low Ahead Of Budget

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Confidence among U.K. businesses fell to its lowest in four months in October as they adopted a cautious stance ahead of the first...
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Ahead of UK Budget, British business confidence falls to 4-month low: Survey

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

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

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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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