TAX Middle East crisis could mean tax hikes Daily Mail Chancellor Rachel Reeves may need to increase taxes further due to the Middle East crisis, with analysts warning that uncertainty around the conflict threatens economic stability. Current forecasts indicate that...

ECONOMY OBR cuts growth forecast BBC News City AM Daily Mail The Guardian The I The Independent The Times Chancellor Rachel Reeves has presented her Spring Statement, revealing that the Office for Budget Responsibility (OBR) has revised the UK's GDP growth forecast...

TAX Businesses stifle growth to dodge VAT Daily Express City AM Thousands of businesses are intentionally limiting their growth to stay below the £90,000 VAT threshold. Lubbock Fine argues that the threshold should be raised to £115,000, reflecting inflation since...

OUTLOOK Blair's think-tank urges growth boost The Mail on Sunday Rachel Reeves has been urged by the Tony Blair Institute to stimulate economic growth by reconsidering tax increases and worker rights. The institute stated that Labour's current policies hinder agility...

EMPLOYMENT Youth unemployment hits alarming new high City AM Daily Mail The Guardian The number of young people in the UK classified as not in education, employment, or training (Neet) has risen to 957,000, according to the Office for National Statistics (ONS). This...

TAX IHT burden set to climb due to lost allowance The Times Families are bracing for a significant inheritance tax burden due to rising house prices and upcoming pension tax changes. According to the wealth manager Quilter, over 16,000 estates will exceed £2m by...

TAX HNWI confidence hit by tax hikes City AM Wealthy individuals in the UK are losing confidence in the economy, according to a survey by Saltus, with overall sentiment dropping from 66% to 59% in six months. High-net-worth individuals (HNWIs) cite tax rises and high...

EMPLOYMENT Job vacancies at lowest level since 2021 The Daily Telegraph City AM Daily Mail The UK's job market has experienced a significant downturn, with total vacancies falling to their lowest level since 2021. According to Adzuna, job advertisements dropped 16%...

OUTLOOK UK hit by entrepreneur exodus City AM Nearly 6,000 high-growth business owners have left the UK in the past two years, driven by tax regime changes and economic competitiveness concerns, according to analysis of Companies House filings by Rathbones. The...

OUTLOOK Small businesses brace for cost crunch City AM Small businesses are facing an "unprecedented cost crunch" as April approaches, with over a third planning to cut output or shut down. The Federation of Small Businesses (FSB) warned that rising energy costs,...