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UK economy

UK may need to hike taxes by 25 billion pounds in Oct. 30 budget, think-tank says

IFS sees risk of hefty tax rise to ease spending squeeze Past governments have raised taxes sharply after elections Citi says...

Reeves ‘needs up to £25bn of tax rises to avoid austerity’

However, this would require additional tax rises of £16bn in order to...

Migration surge drives fastest population increase on record

The Office for Budget Responsibility (OBR), the Government’s fiscal watchdog, warned last...

Oil and FTSE plunge on China fears – latest updates

Thanks for joining us. We start with a look at retail, where...

Unions attack flexible working ‘witch hunt’ as Rayner prepares jobs overhaul

Jonathan Reynolds, Business Secretary, has said that he thinks flexible home working...

How to scale your small business in the UK during tough economic times

A thorny combination of rising inflation, supply chain disruptions, and financial tightening are causing headaches for businesses across the UK, with small and medium-sized...

JCB axes hundreds of jobs as bosses brace for market downturn

Lord Bamford’s JCB has axed around 230 workers amid a global slump...

Reeves urged to hit wealthy with exit tax as they flee Britain

Rumours of a raid on capital gains have already sparked a rush...

Britain will never succeed with a bloated and overmighty public sector

Today, government spending accounts for around 44pc of GDP while taxes are...

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