UK business confidence hits twelve-month low as Autumn Budget looms
Business confidence in the UK has taken a sharp downturn, recording its first decline in a year, as concerns mount over Chancellor Rachel Reeves’ forthcoming Autumn Budget. The latest economic data, alongside insights from the upcoming SME Barometer brought to you
UK at ‘massive global disadvantage’ over tourist tax, retail bosses warn Rachel Reeves
Retail leaders are calling on Chancellor Rachel Reeves to scrap the so-called “tourist tax,” warning that Britain is losing billions in economic growth as tourists opt to shop elsewhere in Europe In a letter signed by more than 300 chief executives,
Capital gains tax raid could create one of the world’s most ‘anti-growth’ tax systems
Chancellor Rachel Reeves’s upcoming Budget risks pushing the UK towards having one of the least competitive tax systems in the developed world, according to a major new analysis by the US-based Tax Foundation and the UK’s Centre for Policy Studies
South East leads in bank loans to small businesses as other UK regions lag behind
Small businesses in southeast England are benefitting from a strong recovery in bank lending, leaving the rest of the UK trailing behind, according to new research from the British Business Bank. Lending to businesses in the region surged, driving a 21%
Gold tops $2,700 an ounce amid Middle East tensions and falling interest rates
Gold prices surged past the $2,700-per-ounce mark for the first time on Friday, as escalating tensions in the Middle East and ongoing global economic uncertainty drove demand for the precious metal. By Friday evening in New York, gold had risen 0.8%