Markets in post-budget MELTDOWN as cost of government borrowing soars after Rachel Reeves’ £40billion tax bomb budget …C0NTINUE READING HERE >>> MARKETS are in post-budget meltdown – as the cost of government borrowing soars after Rachel Reeves’ £40billion tax bomb. The cost of government borrowing has jumped again this morning and is now higher than … Read more
Major bank cuts mortgage rates as markets wobble as Budget hits businesses …C0NTINUE READING HERE >>> A MAJOR bank has cut mortgage rates as markets wobble following the Budget. Santander has reduced all of its residential, new build and buy-to-let mortgage rates by up to 0.36%. 1 Santander has cut mortgage rates as markets wobble … Read more
UK house price growth slows in October ahead of stamp duty change which will ‘dampen demand’ says Nationwide …C0NTINUE READING HERE >>> UK house price growth slowed down in October ahead of big stamp duty change, according to Nationwide. The building society said that the stamp duty changes outlined in the Budget will “dampen demand”. … Read more
Budget has wiped more than £1billion off Britain’s biggest high street names …C0NTINUE READING HERE >>> MORE than £1billion has been wiped off Britain’s biggest high street names as investors digested the Budget’s hit of higher employment costs. The move to hike employers’ National Insurance Contributions is set to hit the retail sector — which … Read more
Labour’s Budget might give the country a sugar rush of growth but soon we’ll all end up paying more – and here’s why …C0NTINUE READING HERE >>> ONCE the noise has died down, what people really need to know from a Budget is how it affects them. No one was expecting this one to be … Read more
You’ll be £300 WORSE off after Rachel Reeves’ £40BILLION tax bomb Budget batters future growth & sets inflation soaring – The Scottish Sun …C0NTINUE READING HERE >>> YOU will be £300 worse off – as Rachel Reeves’ £40billion tax bomb Budget batters future growth and sets inflation soaring. Office for Budget Responsibility experts have found … Read more
Firms big and small slam Chancellor Rachel Reeves for saddling them with extra costs in her Budget …C0NTINUE READING HERE >>> FIRMS big and small have slammed the Chancellor for saddling them with extra costs in her Budget. They say Rachel Reeves’ hike in taxes, despite a vow to be “pro-business”, contradicts her growth agenda. … Read more
Chancellor’s £40bn tax raid weakens future growth and inflation will be higher, spending watchdog warns …C0NTINUE READING HERE >>> FUTURE growth has been weakened by the Chancellor’s £40billion tax raid, while mortgage rates and inflation will be higher, the spending watchdog says. Rachel Reeves’ claim that Labour was on a “mission for growth” was swiftly … Read more
Pack of cigarettes to rise as Rachel Reeves reveals tobacco hike …C0NTINUE READING HERE >>> THE price of a pack of cigarettes will rise after a hike was confirmed in the government’s Autumn Statement. On Wednesday in the House of Commons, Chancellor Rachel Reeves revealed a range of plans relating to tax rises, benefits and … Read more
Pre-budget jitters cause cost of government debt to creep higher …C0NTINUE READING HERE >>> PRE-BUDGET jitters have caused the cost of government debt to creep higher. The rise comes despite the Chancellor desperately hoping to avoid a repeat of the meltdown that followed Kwasi Kwarteng’s mini Budget in 2022. 5 Jitters over Rachel Reeves’ Budget … Read more