Browsing: October Budget

Economists warn chancellor ahead of Budget & Thomas Tuchel new England manager  – Paper Talk  News Briefing

Economists warn chancellor ahead of Budget & Thomas Tuchel new England manager  – Paper Talk 

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Wednesday’s front pages continue their coverage of the upcoming October Budget with the papers continuing to speculate over whether the chancellor will introduce a national insurance increase. Other domestic political stories make the lead with the Conservative leadership race being a popular topic as the race narrows down.
Elsewhere, several of the papers report Prime Minister Keir Starmer and his wife met Taylor Swift during one of her London concerts as the row over why the American singer was given a blue-light escort continues.
Images of Thomas Tuchel are splashed on many of the front pages – and all the back pages – after it emerged he is set to become the new England manager.

Employment Rights Bill & Chancellor’s tax hike – Paper Talk  News Briefing

Employment Rights Bill & Chancellor’s tax hike – Paper Talk 

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Friday’s headlines continue to be dominated by domestic politics, with much of the coverage lent to the Employment Rights Bill and the chancellor’s tax hike plan.
Princess Kate leads many of the tabloids as she returns to work following her cancer treatment. Pictures of the Princess of Wales are splashed on the front of many publications this morning.
In international coverage, a few front pages feature pictures of the devastation in Florida following the recent hurricane. Elsewhere, the latest from the Middle East conflict also finds space on today’s front pages.

‘Shock’ as Cleverly knocked out & IFS warns taxes need to rise – Paper Talk  News Briefing

‘Shock’ as Cleverly knocked out & IFS warns taxes need to rise – Paper Talk 

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Thursday’s front pages lead on domestic politics, with a number of publications reporting on the shock exit of James Cleverly from the Conservative Party leadership race. Cleverly had been a clear favourite for much of the contest – which is now down to Kemi Badenoch and Robert Jenrick.
Elsewhere, an estimate by the IFS that taxes will need to rise by up to £25bn in the budget if Labour is to meet its pledge to protect public spending.

Unlocking Labour’s investment dilemma Politics

Unlocking Labour’s investment dilemma

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“In the standard textbook model that Reeves would have learned at Oxford and the London School of Economics in the late 1990s, business investment is a reward for governments that behave nicely. Investors want low tax rates, flexible markets and, above all, stability. Any hint of an increase in borrowing and they will spook, worrying that government debt will spiral out of control. In this kind of model, even austerity can be expansionary, as it demonstrates to the business community that the fiscal authorities are really committed, even at the expense of electoral pain.”

Labour warming up for tax rises Politics

Labour warming up for tax rises

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“Labour will never have a better chance to make big, ambitious changes. Rather than playing up the gloom, the government could be telling a positive story about the benefits a pro-growth agenda will bring – as they have with planning reforms. Just as building more houses spreads ownership, jobs and opportunities, boosting public sector productivity would result in a leaner, more effective state that better serves British interests. Instead, we are getting a warm-up for a much more predictable second act: Tax rises are coming, look behind you!”

Political strategy to temper public expectations Expose

Political strategy to temper public expectations

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“While Reeves may have been shocked by the detail of the public finances, and her outrage at Tory mismanagement wholly justified, her performance was largely planned in advance. The broad fiscal picture was known before the election. This was all part of a political strategy to temper public expectations, affix blame to the Conservatives and instil patience in her own MPs. It is also likely that the tax rises she implied were unnecessary during the election, but will announce in October, have long been known to her.”