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How is the Budget affecting businesses in Surrey?
Posted onZac Sherratt,South East, Adrian Harms,Dorkingand Jack Fiehn,Farnham BBC Pub landlord Martin Groves said the Budget ‘could have been a lot worse’ Businesses in Surrey have given mixed reactions to Chancellor Rachel Reeves’ Budget, which outlined spending and taxation plans for the years ahead. Key measures announced on Wednesday include scrapping the two-child benefit cap, freezing…
Faisal Islam: Mandelson, Darling and the conversation I cant forget
Posted onWhile the office got built, the bonus tax remained and JP Morgan did not, in the end, stop buying gilts, this episode is an incredible live example of the relative power of government and financial markets, of the actual dynamics of the “bond vigilantes”.
OBR productivity forecast may add £20bn to Budget hole
Posted onThe government is facing a bigger-than-expected hole in the public finances as it prepares for next month’s Budget. A downgrade to the UK’s productivity performance from the government’s official forecaster could lead to the chancellor facing a £20bn gap in meeting her tax and spending rules, the BBC understands. Rachel Reeves has confirmed both tax…
Will Trump’s tariff rollback lower food prices?
Posted onNatalie Sherman,Business reporter and Danielle Kaye,Business reporter Bloomberg via Getty Images When President Donald Trump last week removed tariffs on more than 200 products, it represented something of a political earthquake, and marked a significant concession on a hallmark White House policy The decision, which critics said was long overdue, came as the president returned…
