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Labour Party

  • Spectre of another Labour tax raid haunts savers

    January 2, 2025

    83 per cent of customers surveyed by the retail investment platform said they were either very concerned or somewhat concerned about tax increases in 2025.

  • Small boats: Crackdown on suspected smuggling gangs as migrant numbers up

    January 2, 2025

    Suspected people smugglers could face travel and social media bans as the government announced a fresh crackdown in its bid to “smash the gangs” and cut arrivals on small boats. Court orders to restrict the activity of those under investigation for such crimes will be strengthened as part of draft legislation to be introduced in [...]

  • KPMG: UK households plan to splash the cash in 2025

    December 31, 2024

    The positive picture from households contrasted with a more gloomy view about the state of the economy more broadly.

  • AI copyright law changes could undermine British music industry

    December 31, 2024

    Music trade association issued warnings against the government's proposed changes to copyright law

  • Can you match the quote to the MP who said it in 2024?

    December 30, 2024

    From election campaigning, to Labour’s first months in office, 2024 has been chock-full of memorable political moments. And for our politicians, the past 12 months have seen some memorable quotes enter the record books too. Take a look back at our 2024 quotes quiz and test your political memory.

  • Small businesses gear up for growth despite Budget pressures

    December 29, 2024

    Small and medium sized enterprises (SMEs) are gearing up for expansion in 2025 despite fears about the state of the economy. In a survey of over 2,000 SMEs conducted directly after Labour’s Autumn Budget, 81 per cent said they were confident their business would grow next year, with confidence among those employing more than 50 [...]

  • Private school fees VAT hike to take effect on New Year’s Day

    December 29, 2024

    Private school fees are to become subject to VAT from New Year’s Day as ministers reportedly draw up plans to handle a potential wave of school closures. The government’s policy to end the charitable status of fee-paying schools which exempts them from paying 20 per cent value added tax (VAT) to the Treasury as of [...]

  • Small boat Channel crossings continue after migrant total reaches 150,000

    December 28, 2024

    Small boat crossings have continued in the English Channel on Saturday despite the morning’s foggy conditions. Pictures showed the Dungeness lifeboat bringing a number of people, thought to have been picked up from a small boat in the Channel, into the port at Dover. The latest arrivals follow crossings made on Christmas Day, Boxing Day [...]

  • Starmer demands ‘concrete proposals’ on growth from regulators

    December 28, 2024

    The Prime Minister has called on Britain’s regulators to do more to prioritise growth as he seeks to improve living standards by 2029. In letters sent last week, Sir Keir Starmer, Chancellor Rachel Reeves and business secretary Jonathan Reynolds said they wanted to see “concrete proposals” from regulators setting out how they could “go further” [...]

  • Tax experts question £3m family farm IHT exemption as not ‘realistic’

    December 27, 2024

    The government’s claim that family farms will benefit from a £3m tax exemption has been questioned by tax experts. Prime Minister Sir Keir Starmer has argued in defence of Chancellor Rachel Reeves’ move in the Budget to charge inheritance tax (IHT) on agricultural land worth above £1m. He said earlier this month that in a [...]

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