Mike Ashley attacks Andy Burnham’s ‘populist’ High Street plans in letter to No 10
Accused the PM of ‘jumping on everyday fixes’ Billionaire Sports Direct founder Mike Ashley has written to Prime Minister Andy Burnham to criticise the cost of living and retail announcements as “populist reactions”. Ashley further accused the PM of “jumping on ‘everyday fixes’ or bandwagons”. Ashley said “disastrous” business rates policies and rising employment costs […]
5 days ago
UK borrowing hit £1.8bn in July as national debt nears £3 trillion
July delivers another dose of bad news for Healey The Government’s finances took another hit in July, with £1.8bn borrowed during the month, leaving the figure well above what had been expected and adding to the pressure on Chancellor John Healey before his first Budget. According to the BBC report, figures from the Office for […]
1 week ago
Healey Budget: Chancellor confirms 28 October date
The first Budget of the Burnham era Chancellor John Healey has announced that his first ‘Healey Budget’ will be held on Wednesday 28 October, setting a firm date for the new government’s opening fiscal statement. The announcement, made in a video message, frames the package around spending discipline as ministers are urged to stay within […]
1 month ago
This is what Rachel Reeves’ Autumn Budget means for you
Everyone will be affected one way or another It’s the big news in the UK, the Autumn Budget has landed in all its chaotic glory. The circus began early when the Office for Budget Responsibility (OBR) rather irresponsibly released their report on the Budget before Reeves could even announce it herself in Commons. This led […]
9 months ago
Autumn Budget Live: Every major Budget announcement as it happens
Welcome to our coverage of the Autumn Budget. We’ll be bringing you live updates as they come. The major talking point already is the Office for Budget Responsibility (OBR) has published its economic and fiscal outlook before Rachel Reeves delivers her Budget, in what appears to be an error. On Wednesday afternoon, the chancellor will […]
9 months ago
What the Reeves’ Autumn Budget could look like after income tax U-turn
The Budget is set to be announced next week. Here’s what the Reeves’ Autumn Budget could look like after income tax U-turn. With this month’s upcoming Budget right around the corner, Sir Keir Starmer and Rachel Reeves have hinted at tax rises in this month’s Budget. After weeks signalling a possible U-turn on their no-income-tax-rise […]
10 months ago