Middle earners making up to £52,000 are set to bear the brunt of Chancellor Rachel Reeves’ budget changes, thanks to a “triple whammy” of measures affecting salary sacrifice schemes, income tax thresholds, and student loan repayments, according to analysis by pensions consultancy LCP. The budget froze income tax thresholds and the salary level at which […]
Budget Freeze Hits UK Workers Earning Up to £52,000 Hardest Read More »
The UK unemployment rate has climbed to 5% in the three months to September, reaching its highest level since early 2021, according to the Office for National Statistics (ONS). The increase marks a sharper rise than expected, surpassing the 4.9% projected by analysts ahead of the 26 November Budget. It signals that the UK labour
UK Jobless Rate Climbs to 5% in Latest ONS Figures Read More »
Brexit is back in the political spotlight as Chancellor Rachel Reeves prepares for next month’s budget, facing the difficult task of selling another round of tax increases to voters already weary of financial pressure. In what marks a significant change of tone, Reeves is expected to argue that the economic damage caused by the Conservatives’
Reeves Shifts Blame to Brexit as Looming Budget Forces Fresh Tax Rises Read More »
A quarter of Britain’s wealthiest families are considering leaving the UK as fears grow over fresh tax rises in Rachel Reeves’s November Budget, according to a new survey. The study, carried out by wealth manager Saltus, found that high net worth individuals (HNWs) are braced for potential hikes in capital gains tax, income tax and
Wealthy Families Consider Leaving UK Amid Reeves’s Tax Plans Read More »
