by Shilling Group | Mar 27, 2025 | Shilling Summary
ECONOMY Chancellor delivers Spring Statement BBC News The Times Rachel Reeves has set out her plans for the UK economy, with the Chancellor’s Spring Statement saying that day-to-day Government spending will fall by £6.1bn per year by 2030. Government departments will...
by Shilling Group | Mar 26, 2025 | Shilling Summary
TAX £36bn tax raid on the horizon The Daily Telegraph Next week will see £36bn in tax increases, with a hike in National Insurance, a freeze on income tax thresholds and a rise in stamp duty all coming into force. Shadow Business Secretary Andrew Griffith said:...
by Shilling Group | Mar 25, 2025 | Shilling Summary
TAX IFS chief: Tax hikes have been ‘extraordinary’ The Daily Telegraph Paul Johnson, director of the Institute for Fiscal Studies, says taxes are “rising by an extraordinary amount,” suggesting that the country has seen the “biggest...
by Shilling Group | Mar 24, 2025 | Shilling Summary
OUTLOOK Businesses doubt growth plans The Times Businesses are increasingly sceptical about the Government’s growth mission, with a survey by the London Chamber of Commerce and Industry showing that over 85% of 150 business leaders believe Labour will struggle...
by Shilling Group | Mar 21, 2025 | Shilling Summary
EMPLOYMENT More than a fifth of adults not looking for work Sky News BBC News The Guardian The Independent More than a fifth of working-age adults in the UK are not in work or actively looking for work, with the economic inactivity rate standing at 21.5% in the three...
