MPs urge gambling tax hike despite industry warnings
Cross-party committee challenges Treasury to increase betting levy despite industry claims it would harm jobs and investment, arguing current rates fail to reflect societal costs.
Category : Economy
Reeves pressured to tax betting giants in budget
Exclusive: Labour Chancellor urged to target gambling industry windfall profits with new tax hike in upcoming budget amid cost of living crisis.
Labour to impose VAT on private school fees
Shadow Education Secretary Lucy Powell confirms Labour will impose 20% VAT on private school fees, generating £1.6bn for state education while sparking fierce debate over educational choice and funding.
Trump's Food Stamp Cuts Threaten Millions of Americans
Former President Donald Trump proposes sweeping cuts to SNAP programme that could leave vulnerable Americans without essential food assistance during economic uncertainty.
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Business chiefs demand pension funds back UK economy
More than 100 top executives urge Rachel Reeves to use her first Budget to mandate UK pension investment in domestic businesses and infrastructure projects.
Young Brits Expose Coastal Town Crisis
Exclusive investigation uncovers the hidden struggles facing young residents in UK coastal communities - from isolation and unemployment to crumbling infrastructure.
Reeves challenges Bank over interest rate pain
Shadow Chancellor demands answers as homeowners face continued financial pressure despite falling inflation. Exclusive analysis reveals the political battle brewing over monetary policy.
Sinclair's $20M revenue crash after Kimmel feud
Conservative media giant Sinclair Broadcast Group reports staggering $20 million revenue loss following public backlash and advertiser exodus after Jimmy Kimmel exposé.
EV Boom Creates £13B Treasury Black Hole
As petrol and diesel cars disappear from UK roads, the Treasury faces a massive fuel duty shortfall that could force difficult tax decisions. Discover how the switch to EVs is reshaping Britain's fiscal landscape.
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Bank of England Holds Interest Rates at 5.25%
The Bank of England has maintained interest rates at 5.25% for the sixth consecutive meeting. Discover how this decision impacts mortgages, savings, and the UK economy amid ongoing inflation concerns.
Rachel Reeves condemns Tory budget leaks to Telegraph
Shadow Chancellor accuses Conservative Party of political gamesmanship as budget details surface in media before official announcement, warning of economic uncertainty.
Reeves: No Tax Rises in Labour's First Budget
Shadow Chancellor Rachel Reeves commits to no income tax, national insurance, or VAT increases in Labour's first budget, prioritising economic stability over radical spending in exclusive Telegraph interview.
Reeves' Tax Gamble: Budget Amid Cost of Living Crisis
Chancellor Rachel Reeves faces mounting pressure as her first budget approaches, with experts questioning whether income tax cuts can truly alleviate Britain's deepening cost of living pressures.
Chancellor's Impossible Economic Choice Revealed
Britain's Treasury faces an impossible choice between economic necessity and political disaster as pressure mounts for decisive action on the nation's finances. Analysis reveals the stark reality confronting the government.
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Dimon Clashes With NYC Mayor Over 'Un-American' Comments
JP Morgan CEO Jamie Dimon faces backlash from New York politicians after criticising government policies as 'un-American' and 'anti-capitalist' in explosive interview.
Tice vows to shake up City and challenge unions
Reform UK chairman Richard Tice declares war on union 'barons' and promises radical City of London reforms in exclusive interview, positioning his party as pro-business alternative to Conservatives.
Rayner accuses government of economic sabotage in Commons
Deputy Labour Leader Angela Rayner launches blistering attack on Conservative economic record, citing soaring mortgage costs and economic instability affecting millions of Britons.
Rayner: Government has 'run out of road' on economy
Deputy Labour Leader Angela Rayner launches blistering attack on Conservative economic record, claiming government has 'run out of road' as businesses face mounting pressure.
London business activity hits 13-month high
London's private sector surges with strongest growth in over a year, outpacing national average as business confidence soars across the capital.
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Fuel Duty Freeze End Fears: New War on Motorists?
Exclusive: Treasury documents reveal plans to end fuel duty freeze, sparking fears of soaring petrol prices and fresh conflict with Britain's drivers amid cost of living crisis.
Billie Eilish's billionaire criticism sparks wealth debate
Pop icon Billie Eilish joins growing chorus demanding billionaires pay fair share as wealth inequality reaches crisis levels. Analysis of why the ultra-rich are under fire.
Benefits claimants get subsidised Christmas card stamps
UK benefits claimants can now send Christmas cards using subsidised stamps in radical Post Office overhaul, raising questions about government spending priorities during cost of living crisis.
UK services sector rebounds as business confidence soars
Britain's dominant services industry shows strongest growth in nine months amid rising business optimism and easing cost pressures, new PMI data reveals.
Labour's Motorist Tax Revolt: Highest Burden in 70 Years
Exclusive polling reveals British drivers' fury as Labour considers unprecedented tax hikes on motorists while slashing public spending. Discover how the budget could hit your wallet.
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Vietnam Cities Forming Major Economic Corridor
Groundbreaking research from Kyoto University identifies Vietnam's Hanoi-Ho Chi Minh City region as an emerging megapolitan area set to transform Southeast Asia's economic landscape by 2030.
Rachel Reeves: Economic Prophet or Perdition?
Quentin Letts delivers a scathing critique of Shadow Chancellor Rachel Reeves's economic vision, questioning whether her policies spell salvation or ruin for Britain's financial future.
Labour's £60BN Tax Hit for Middle-Class Britain
Exclusive analysis reveals Labour's planned tax reforms could cost middle-class households billions, with higher-rate taxpayers and pension savers facing the biggest financial hit.
Levi's heir Daniel Lurie runs for SF mayor to fix city crisis
Billionaire philanthropist Daniel Lurie launches ambitious mayoral campaign to rescue San Francisco from urban decay, homelessness and economic decline.
Reeves: I won't raise taxes despite budget warning
Shadow Chancellor Rachel Reeves makes firm commitment to freeze taxes while acknowledging tough economic decisions loom in upcoming Budget
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