Browsing: Chancellor Rachel Reeves News
Sainsbury’s is set to face financial challenges due to changes in National Insurance contributions.The recent budget by the Chancellor will see employer National Insurance rise from…
In a significant monetary policy shift, the Bank of England has opted to lower interest rates to 4.75%, reflecting changes in inflationary and economic conditions. This…
Budget 2024 introduces significant funding initiatives across tech and life sciences with notable tax changes.The budget allocates over £20bn to boost growth industries including engineering and…
Chancellor Rachel Reeves has announced an increase in the National Living Wage for workers over 21.The new rate will rise by 6.7% to £12.21 per hour,…
Labour’s Autumn Budget focused on stimulating economic growth with strategic investments.Key changes include adjustments to Capital Gains Tax aimed at raising national revenue.The government announced a…
Chancellor Rachel Reeves delivers Labour’s first budget, highlighting significant fiscal strategies.Reeves introduces changes in capital gains tax and National Insurance to fund economic growth.The focus is…
The UK’s latest budget announcement brings a record-breaking £40 billion tax hike. This decision, primarily highlighted by increases in National Insurance and Capital Gains Tax, presents…
Chancellor Rachel Reeves announced significant tax increases affecting entrepreneurs.The lower and higher rates of Capital Gains Tax (CGT) have risen to 18% and 24% respectively.Employers’ National…
Retailers are bracing for a challenging period ahead as costs are expected to rise due to the new budget measures. Core changes include increases in National…
As Chancellor Rachel Reeves gears up to unveil her inaugural budget, anticipation brews within the retail sector. With hopes pinned on significant fiscal reforms, industry leaders…
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