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Labour

  • St Ewe Free Range Eggs on the ‘utter carnage’ of IHT reform and rebuilding trust with Labour

    January 25, 2025

    For Rebecca Tonks, running St Ewe Eggs has been a passion project for 17 years. Tonks, who was 12 when her family first started selling eggs in addition to its dairy produce, launched the St. Ewe Free Range Eggs brand to UK supermarkets in 2007 under the Red Lion accreditation. “It didn’t take very long for [...]

  • The Week in Business: Reeves tries to rescue the non-doms

    January 24, 2025

    It’s a funny old world when the pleas of pensioners, farmers and shopkeepers fall on deaf ears but a Labour chancellor flies to Davos to break the news that she’s “listened to the concerns of the non-dom community” – and will be watering down her assault on their tax arrangements. Let’s take a look at [...]

  • Firms finding it ‘almost impossible’ to survive after Labour tax hikes

    January 24, 2025

    Less than three months after the Budget, critical financial distress for UK businesses climbs by 50 per cent, with the construction sector leading the table

  • The UK’s housing crisis is creating a generation of broke retirees

    January 24, 2025

    The affordability crisis in the UK housing market is creating a generation who will still face monthly mortgage or rent payments well into retirement, according to a new study. With deposits increasingly hard to save up for and mortgages increasingly burdensome, few people will be free of housing costs by 2050, unless something changes. A [...]

  • CMA begins redundancy programme after overshooting budget

    January 23, 2025

    The competition watchdog is planning to slash its head count by around ten per cent after overshooting its budget last year, piling fresh pressure on the body following the sudden exit of its chair this week. The Competition and Markets Authority (CMA), which has faced public anger from the Prime minister and Chancellor over its [...]

  • Heathrow: Starmer won’t say if he backs London airport expansion

    January 22, 2025

    Sir Keir Starmer has refused to say whether he would back the expansion of Heathrow Airport after voting against a third runway in 2018. The Prime Minister said would not be “comment on speculation” on the issue, as emphasised the government is “committed to growth” when asked about reports ministers could be set to approve [...]

  • Inheritance tax: Bill for Britain’s ‘most hated tax’ hits record

    January 22, 2025

    HMRC collected £6.3bn in inheritance tax in the last nine months, but with changes to the code announced in Budget, this bill is expected to get bigger.

  • Reeves has placed an uncertainty premium on the British economy

    January 22, 2025

    Rachel Reeves promised to restore economic stability, but the outcome of her various actions has been to increase uncertainty, says Paul Ormerod Daniel Ellsberg, who died in 2023 in his 90s, was a true Renaissance Man.   After a stellar career as an economics student at Harvard, he served in the Marines before working for the [...]

  • Spending review: No new cash unless departments cut by five per cent

    January 21, 2025

    Government departments won’t receive any cash for new projects unless they meet the Treasury’s requirement of a five per cent spending cut, Darren Jones has said. The chief secretary to the Treasury spoke at the Institute for Government (IfG) think tank’s conference on Tuesday about the need for a “reckoning” with state spending. Jones wrote [...]

  • Skills gap has ‘passed its peak’ but experts warn of a ‘hiring recession’

    January 21, 2025

    This was the first time since 2014 that the number of firms suffering from a scarcity of well-qualified candidates declined.

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