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The chancellor is to amend some of the changes to tax rules for non-domiciled individuals announced in October’s Budget Reeves to water down tax raid…
Bank of England: Goldman Sachs expects deep interest rate cuts Markets are significantly underestimating the chance that the Bank of England will have to step…
UK economy: Consumers catch ‘January blues’ as confidence slumps Consumer confidence in the health of the UK economy slumped in January, pointing to further headwinds in…
Rachel Reeves’ tax hikes pose ‘major threat’ to UK labour market resilience The government’s tax hikes pose a “major threat” to the health of the…
The FT reports that President Donald Trump’s return to the White House has “put more than £300bn of potential federal infrastructure funding at risk”.
CITY AM says Further tax rises or spending cuts look increasingly likely after the latest borrowing figures, but there were a few silver linings for the Chancellor.
Trump widens ‘economic war’ to tax The FT says Donald Trump has threatened to double tax rates for foreign nationals and companies in the US…
Reeves wades in to motor finance scandal in bid to soften £30bn payout CITY AM says shares in some of Britain’s biggest motor finance lenders…
UK ranked second-best investment target by global CEOs The UK has been ranked as the second most attractive country to invest in by global CEOs,…
Growth push will test risk appetite CITY AM says the Financial Conduct Authority’s (FCA) push to slash red tape and unleash growth in the City…
‘Golden age of America begins now’ The FT reports Trump is returning to the White House with broader support than when he left in 2021. The…
Trump and his top advisers are finalising about 100 executive actions that he will sign in his first days in office beginning on Monday
Santander already announced it was cutting more than 1,400 jobs across its UK business Santander ‘considering quitting the UK’ after two decades on the high…
UK economy: Interest rate cut a ‘certainty’ in February after weak data A February interest rate cut is a “certainty” after new data suggests that…
‘Student Tax’ to hit graduates on minimum wage by April Thousands of graduates will find themselves stranded in their home town, unable to root out…
Millionaires leave Britain in record numbers since Labour took power Millionaires have left Britain in record numbers since the new Labour government took power amid…
DONALD TRUMP’S critics have often accused him of buffoonery and isolationism. Yet even before taking office on January 20th he has shown how much those words fall short of what his second term is likely to bring.
Sir Keir Starmer, Britain’s prime minister, said he could strike a trade deal with Donald Trump and avoid punitive tariffs on the UK as he dismissed as “noises off” Elon Musk’s strident criticism of his leadership.
“GDP growth slowed markedly in the summer when the new government began warning of tax hikes,” said Rob Wood, chief UK economist at Pantheon Macroeconomics.
“The “multiphase agreement” reportedly includes a truce, the release of Israeli hostages held by Hamas, and the freedom of Palestinian prisoners”
For the first time in three months, the UK economy grew, recording a slight expansion of 0.1% in November, according to official figures. This follows two consecutive months of economic contraction.
The United States saw a notable rise in inflation last month, driven by spikes in energy and food costs. According to the Labor Department, prices in December increased by 2.9% compared to the same period a year earlier, up from 2.7% in November.
Tulip leaves CITY AM reports on the resignation of Treasury Minister Tulip Siddiq who stepped down over fears her recent scandal will become a distraction.…
“As the rest of the world ages, Africa will become a crucial source of labour: more than half the young people entering the global workforce in 2030 will be African.”
Siddiq quits over London properties linked to ousted Bangladeshi regime The FT leads with Tulip Siddiq announcing her resignation. The paper says she stepped down…
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