Brook & Ledger — UK business, markets, and money — for people who read the numbers first.
He can be commended for avoiding the twin icebergs of major new tax hikes and pre-Budget speculation that sank Rachel Reeves’ economic expeditions. But the Chancellor’s ‘steady as she goes’ strategy is simply not…
That can happen without the Chancellor announcing any increase in income tax rates as fiscal drag will do all of the work. With income tax thresholds frozen, for example, rising wages mean more earnings are taxed and…
The managing director of Norfolk's Anglian Country Inns argues that the budget made a "couple of steps towards helping" but added more labour costs for already burdened companies. Nye, who employs 500 people at the…
A consortium of creditors, called London & Valley Water, will vote on Thursday on whether to increase a funding facility for the debt-laden utility company to £5.4bn to keep it operating to autumn 2027. The company's…
Forget the talk about a low-key, ‘do no harm’ fiscal event; the Chancellor has delivered a mess of new interventions, subsidies, tax rises, quangos and complications against a backdrop of truly terrifying economic…
At the centre of Wednesday’s announcement was a new Founders’ Relief, offering entrepreneurs a 10 per cent capital gains tax rate on up to £10m of lifetime gains when selling qualifying shares. The move marks a…
Shuttered shops, peeling paint and lifeless town squares have become the norm and are in dire need of support, they had told Healey. Bosses of retail juggernauts including Tesco, Sainsbury’s and B&Q owner Kingfisher were…
A Poundland probe should not be discounted Two for less than two quid. It sounds like the kind of offer shoppers expect to find on the shelves of a discount retailer, not a summary of its recent M&A activity. That…
The government’s fiscal watchdog said that families are about to see household income drop as a result of the country’s rising tax burden and high levels of inflation caused by the Iran war. The Office for Budget…
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