Hospitality chiefs warn Reeves of carnage over Budget tax hikes
Saturday, 9 November 2024 () Rachel Reeves will this weekend be told by some of Britain's biggest hospitality groups that the tax hikes imposed in last month's Budget risk triggering a tsunami of job losses across the sector.
The chancellor appears to have a fight on her hands with Britain's family farmers. In her Budget, Rachel Reeves closed a loophole to stop rich people investing in land to reduce their inheritance tax bills, penalising them with a new million pound tax threshold. But farmers in Cirencester have labelled the move "demoralising" and the deputy president of NFU Cymru Abi Reader warns it will lead to "economic stagnation". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves says the 0.25% cut in interest rates will be "welcome news for millions of home owners and businesses”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves has said she is "confident" trade flows with the United States will continue under President-elect Donald Trump despite his proposal to put up.. Sky News
Chancellor Rachel Reeves says she wants to go “further and faster and ensure that economic growth is felt by working people” following modest predictions by the OBR after Wednesday's budget. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves describes a £500 million private investment by a US firm Prologis into Cambridge Biomedical Campus as a "real show of confidence in what this Government are doing to grow the economy". The chancellor also defends her decision to raise money via employers National Insurance contributions which will also affect some GP surgeries and care homes saying “the NHS has got the money it needs”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Gareth Davies says people will be asking "what is this Budget for if it's not for growth?", after Rachel Reeves raised taxes by £40bn. The shadow exchequer to the Treasury adds the chancellor's tax..
Rachel Reeves says she is raising money in a "fair and balanced way", after receiving backlash from farmers over a new inheritance tax charge announced in her Autumn Budget. The chancellor closed a..
OBR Chairman Richard Hughes described Chancellor Rachel Reeves' Budget as one of the UK’s largest in terms of tax rises, with employer National Insurance contributions set to increase. This move is..
Before the election, Rachel Reeves said she would “unashamedly champion” financial services “as one of the UK’s greatest assets”. This was music to the... City A.M.
The government will set out its plans for a “world first” private stock market tomorrow in a bid to revive the UK’s flagging IPO pipeline, City AM can... City A.M.
Some of Britain’s biggest retailers have warned the chancellor that last month’s budget will stoke inflation in the economy and spark job losses as tax hikes... Sky News Also reported by •BBC News
Saturday, 9 November 2024 ()
Rachel Reeves will this weekend be told by some of Britain's biggest hospitality groups that the tax hikes imposed in last month's Budget risk triggering a tsunami of job losses across the sector.
![Farmers hit back over Chancellor's inheritance tax charge [Video]](https://video.newsserve.net/300/v/20241101/1392146532-Farmers-hit-back-over-Chancellor-inheritance-tax.jpg)
![Chancellor welcomes 0.25% cut in interest rates [Video]](https://video.newsserve.net/300/v/20241107/1392753220-Chancellor-welcomes-25-cut-in-interest-rates.jpg)
![Chancellor wants to go ‘further and faster’ with growth [Video]](https://video.newsserve.net/300/v/20241103/1392313972-Chancellor-wants-to-go-further-and-faster-with.jpg)
![Chancellor hails US investment in Cambridge campus [Video]](https://video.newsserve.net/300/v/20241103/1392308782-Chancellor-hails-US-investment-in-Cambridge-campus.jpg)
![Tories blame Reeves' tax hike for adverse market reaction [Video]](https://video.newsserve.net/300/v/20241101/1392157570-Tories-blame-Reeves-tax-hike-for-adverse-market.jpg)
![Reeves: Most farmers won't pay more in inheritance tax [Video]](https://video.newsserve.net/300/v/20241101/1392152738-Reeves-Most-farmers-won-pay-more-in.jpg)
![OBR: Reeves' Budget will squeeze employee wages [Video]](https://video.newsserve.net/300/v/20241030/1391978702-OBR-Reeves-Budget-will-squeeze-employee-wages.jpg)
Before the election, Rachel Reeves said she would “unashamedly champion” financial services “as one of the UK’s greatest assets”. This was music to the...
The government will set out its plans for a “world first” private stock market tomorrow in a bid to revive the UK’s flagging IPO pipeline, City AM can...
Some of Britain’s biggest retailers have warned the chancellor that last month’s budget will stoke inflation in the economy and spark job losses as tax hikes...
