Economic news and events

Lower pay rises likely due to budget tax rises, Rachel Reeves admits

Tax rises in the budget are likely to hit workers in the pocket with lower pay rises, Rachel Reeves has admitted.

The UK chancellor acknowledged her...

Thu, 31/10/2024 - 09:33

UK BUDGET: Reeves delivers win for gambling stocks and cheer for pubs

Shares in betting firms leapt after Wednesday’s budget contained no rumoured tax changes, while a cut in beer duty provided cheer to pub operators.

Earlier this...

Wed, 30/10/2024 - 14:14

UK BUDGET: Reeves makes difficult choices as ups tax by £40 billion

UK Chancellor of the Exchequer Rachel Reeves said changes to employers’ national insurance will raise as much as £25 billion as part of a £40...

Wed, 30/10/2024 - 14:07

Reeves raises taxes by £40bn to address ’black hole’ in public purse

Chancellor Rachel Reeves set out a budget which will increase taxes by £40 billion as she promised to ‘fix the foundations’ of the economy and...

Wed, 30/10/2024 - 13:53

UK BUDGET: Chancellor Reeves announces rise in flight taxes

Air passengers will be hit by an increase in flight taxes, UK Chancellor Rachel Reeves said in her budget on Wednesday.

Reeves said air passenger duty...

Wed, 30/10/2024 - 13:48

UK BUDGET: AIM gets much-needed boost from inheritance tax changes

The AIM-All Share Index climbed on Wednesday afternoon in London as changes to inheritance tax proved by UK Chancellor of the Exchequer Rachel Reeves’s budget...

Wed, 30/10/2024 - 13:35

UK BUDGET: Reeves pledges to ‘invest, invest, invest’ to boost growth

UK Chancellor of the Exchequer Rachel Reeves on Wednesday said there are ‘no shortcuts’ to delivering growth as she set out plans to ‘fix the...

Wed, 30/10/2024 - 13:05

Ireland harmonised consumer price inflation rises 0.1% in October

The harmonised consumer price index in Ireland rose annually this month, according to the Central Statistics Office’s estimate.

The CSO on Wednesday said Ireland’s harmonised...

Wed, 30/10/2024 - 11:59

UK Chancellor Reeves to use tax rises, increased borrowing to invest

Rachel Reeves will raise taxes and increase borrowing as she promises to ‘invest, invest, invest’ to ‘rebuild Britain’.

The UK’s first female chancellor will deliver the...

Wed, 30/10/2024 - 09:46

£3 billion boost for UK armed forces expected to be announced

The armed forces of the UK are in line for a £3 billion boost, according to reports, as Rachel Reeves prepares to unveil the Labour...

Wed, 30/10/2024 - 06:32

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