OUTLOOK OECD: UK inflation set to be second highest in G7 City AM The Guardian The Times The Organisation for Economic Co-operation and Development (OECD) predicts the UK will experience the second highest inflation in the G7 over the next year. This is attributed to...

TAX OBR chief resigns amid Budget fiasco Sky News Bloomberg Financial Times The Daily Telegraph The Guardian The chairman of the Office for Budget Responsibility (OBR) has resigned after the body "inadvertently" released details of the Chancellor’s Budget before she...

TAX Reeves denies lying about public finances Bloomberg Financial Times The Daily Telegraph The Guardian The Times Calls are growing for Rachel Reeves to resign following accusations she misled the public ahead of the Budget. The Chancellor claimed there was a £20bn...

TAX Tax freeze hits low earners hardest The Independent Daily Mail The Guardian The Chancellor's decision to extend a freeze on income tax thresholds will disproportionately affect low-income households, according to two think-tanks. The Resolution Foundation reported...

TAX Budget sees extension of threshold freeze Financial Times City AM The Independent Daily Mail The I More than 1.7m people will face paying more income tax after Chancellor Rachel Reeves announced a three-year extension to the freeze on thresholds that will see some...

TAX Tax take from the biggest firms falls The Times The Treasury's tax revenue from the UK's largest companies has decreased due to a 12% drop in profits, according to PwC analysis focused on the 100 Group of business. The report shows that tax contributions fell to...

TAX Kyle: Taxes are driving wealth away The Independent Daily Mail The I The Times Business Secretary Peter Kyle says Labour's tax policies could be prompting wealthy individuals to leave the UK, saying: "I do acknowledge that we have put up taxes and closed some of...

OUTLOOK Mittal leaves UK amid tax changes The Sunday Times The Sunday Telegraph Lakshmi Mittal, the Indian steel magnate, has left the UK for Switzerland, primarily due to changes in tax regulations. His departure follows the Labour Party's reforms, including the...

TECHNOLOGY Labour pledges £100m to buy British AI Financial Times City AM London Evening Standard The UK Government plans to invest £100m in emerging chip technology to support the artificial intelligence (AI) sector. The initiative will guarantee payments to British...

OUTLOOK Family firms face closure crisis City AM Research reveals that over a third of family businesses in the UK are at risk of closure due to recent tax hikes. A poll indicates that nearly 66% of the 4.8m family firms are concerned about their future. The study...