Rachel Reeves

Budget: Increases to employers’ NI and minimum wage

The chancellor Rachel Reeves has increased Employers’ National Insurance contributions in a bid to help raise as much as £40bn…

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Today’s news in brief-23/10/24

Chancellor Rachel Reeves is reportedly considering imposing higher taxes on Amazon as part of a broader effort to support British…

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M&S boss calls tax rises ‘the easy way out’ ahead of budget

M&S CEO Stuart Machin has accused chancellor Rachel Reeves of “taking the easy way out” amid reports she is considering…

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Chancellor considers Amazon tax in bid to boost British high streets

Chancellor Rachel Reeves is reportedly mulling plans to impose higher taxes on Amazon as part of a shake up that…

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Today’s news in brief-14/10/24

Mulberry’s majority shareholder has rejected an increased bid from Frasers Group, which had offered £111m to take control of the…

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Retailers urge chancellor to apply Retail Rates Corrector

More than 70 retail CEOs have urged chancellor Rachel Reeves to ease business rates amid warnings that a £2.7bn tax…

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UK economy beats expectations as GDP jumps 0.4%

UK gross domestic product (GDP) beat expectations in May, increasing 0.4%, as a result of better weather, according to data…

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Today’s news in brief-10/6/24

Labour has pledged to overhaul the business rates system if it wins the upcoming general election. The party aims to…

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Labour vows to overhaul business rates system

The Labour party has vowed to overhaul the current business rates system should it be victorious in the general election.…

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Pound plunges to historic low

The pound has plummeted to an all-time low against the dollar following the sweeping tax cuts announced by chancellor Kwasi…

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