Reeves

Nish Kankiwala, chief executive of the John Lewis Partnership, has accused Chancellor Rachel Reeves of carrying out a “two-handed” tax grab on retailers, as she joined a growing backlash against the latest budget. Kankiwala said…

British Chancellor Rachel Reeves played down fears of escalating protectionism in light of Donald Trump's expected new trade tariffs, stressing Britain's commitment to a strong economic relationship with the United States. In her…

Breadcrumb linksBMN BusinessChancellor of the Exchequer Rachel Reeves' first budget was greeted with cautious optimism by Britain's business leaders, although high taxes on wages held them back from full support.Article writer:Bloomberg…

The UK economy has been mired in low growth rates for years, a problem that has worsened since the 2008 global financial crisis. Despite some short-lived recoveries, average annual growth has remained persistently weak, leading to…

Chancellor Rachel Reeves is facing renewed calls to introduce a wealth tax, with economists, climate campaigners and high-net-worth individuals urging her to impose a tax on the UK's wealthiest citizens to help fund essential public…

Chancellor Rachel Reeves has announced a major shift in the UK's fiscal policy framework, confirming plans to introduce a new rule for "investment" debt in next week's Budget. This change is expected to free up more than £50…

Chancellor Rachel Reeves took in a record £2.2 billion in inheritance tax (IHT) receipts in the three months leading up to September, as anticipation grows for potential tax changes in her upcoming first Budget. According to…

Retailers have called on Chancellor Rachel Reeves to scrap the so-called “tourist tax”, warning that Britain is losing billions in economic growth as tourists choose to shop elsewhere in Europe. In a letter signed by more than 300…

As the Labor government prepares to present its first Budget on October 30, anticipation is building as businesses and individuals alike prepare for potential tax changes and spending shifts. Chancellor Rachel Reeves has made it…

Chancellor Rachel Reeves is reportedly considering scrapping tax breaks for salary sacrifice schemes used by tens of thousands of drivers to rent electric cars. The move is likely to deal a major blow to the UK's march towards…