Pound crashes to 5-week low after Labour budget
Sterling tumbles to five-week low against US dollar as Chancellor Rachel Reeves's first budget announcement triggers market concerns over UK economic stability and potential tax increases.
Category : Search result: Labour budget impact
Reeves dodges tax rise questions before budget
Chancellor Rachel Reeves refuses to rule out tax increases ahead of crucial autumn budget, sparking speculation about Treasury's fiscal plans amid economic challenges.
Reeves declares economic emergency in budget speech
Chancellor Rachel Reeves delivers her first major speech, announcing sweeping reforms to boost UK growth, overhaul planning systems, and restore economic stability after what she calls '14 years of chaos'.
Badenoch Attacks Labour's Economic Plans
Business Secretary Kemi Badenoch launches scathing attack against Labour's economic plans, claiming they've forgotten their role in recent financial turmoil as political battle over budget intensifies.
Labour to give OBR veto power over budgets
Shadow Chancellor Rachel Reeves announces radical plan to give Office for Budget Responsibility unprecedented veto power over government budgets, marking significant break from Conservative economic approach.
Southampton Boat Show faces brutal budget uncertainty
The prestigious Southampton International Boat Show faces unprecedented challenges as government budget delays create a 'brutal' atmosphere, leaving marine businesses feeling 'very attacked' and threatening the future of this cornerstone UK marine event.
Revealed: Lobbyists' secret role in Labour budget
Exclusive investigation reveals how corporate lobbyists gained unprecedented access to shape Labour's first budget, raising serious questions about who really benefits from Britain's economic decisions.
Ben Jennings' Halloween Budget Cartoon Exposes Government Horror
Acclaimed political cartoonist Ben Jennings delivers a terrifyingly accurate portrayal of the government's Halloween budget, revealing the real monsters lurking in Westminster's financial decisions.
Budget gambling tax warning could wipe out horse racing
Exclusive: Racing industry leaders sound alarm over potential betting levy reforms in upcoming budget that could devastate prize money and threaten thousands of jobs across British horseracing.
US Government Shutdown Costs Economy $10+ Billion
The 2025 US government shutdown has inflicted over $10 billion in economic losses, with federal workers facing unpaid wages and critical services disrupted amid political deadlock.
Secret Mansion Tax Plans Revealed in Budget Leak
Exclusive: Treasury officials are secretly drafting plans for a radical mansion tax targeting multi-million pound properties in what could be the biggest property tax shake-up in decades.
Kirstie Allsopp slams Labour mansion tax as 'fantasy'
Property expert Kirstie Allsopp faces backlash after criticising Labour's proposed mansion tax, calling it 'fantasy' economics that could devastate the housing market.
Lucy Powell Leads Labour Deputy Leadership Race
Shadow Education Secretary Lucy Powell is positioning herself as the leading candidate in Labour's deputy leadership race, creating internal tensions as Keir Starmer's party prepares for potential government.
Barcelona's Best Budget Hotels Under £100/Night
Discover Barcelona's best-kept secret hotels that deliver luxury experiences without breaking the bank. Our expert review reveals where to find style, comfort and prime locations for under £100 per night.
Reeves targets lawyers, accountants and doctors in budget
Chancellor Rachel Reeves is preparing to target lawyers, accountants, and doctors in her upcoming budget with new tax measures aimed at high-earning professionals. Discover how these changes could affect Britain's top earners.
Reeves declares war on wealthy tax dodgers
Shadow Chancellor unveils radical tax crackdown targeting non-doms and private equity loopholes, promising billions for public services while ruling out mansion tax.
Hunt's Inheritance Tax Shake-Up: Budget Changes Explained
Chancellor Jeremy Hunt announces major inheritance tax reforms in Spring Budget, potentially saving families thousands. Discover how the new rules affect pensions, savings, and wealth transfer across generations.
Labour donor shops for new leader in Starmer challenge
Exclusive: Labour's biggest private donor demands new leader shopping list as Starmer faces internal rebellion over policy direction and party unity.
AI's Human Cost: Samuel Ojo's Powerful Tech Cartoon Exposed
A powerful new editorial cartoon by Samuel Ojo reveals the dark side of AI advancement, depicting the human labour and environmental impact behind artificial intelligence systems.
Autumn fashion: 4 complete outfits under £100
Discover how to master autumn fashion without overspending. YOU Magazine's experts curate four complete outfits including shoes and accessories, all under £100 total.
Motability scheme faces cuts in Labour budget
Rachel Reeves's debut budget targets Motability scheme supporting disabled drivers, sparking fears of reduced mobility and independence for thousands across the UK.
Illinois Governor Redirects Gambling Revenue in Budget Move
Governor JB Pritzker proposes redirecting millions in gambling taxes to plug budget gaps, drawing criticism over funding priorities and social responsibility.
Labour's Pension Tax Raid: Budget Threatens Retirement Plans
Rachel Reeves's first budget could target pension tax relief in major revenue-raising move, potentially ending 25% tax-free lump sums for millions of UK workers.
Reeves: No Room for Tax Cuts in Labour Budget
Chancellor Rachel Reeves confirms tax rises are inevitable in Labour's first budget as economic reality bites, with Brexit fallout and Tory legacy creating fiscal straitjacket.
Reeves pledges to block Autumn Budget tax rises
Shadow Chancellor Rachel Reeves vows to block Autumn Statement tax increases, promising pro-business reforms and a major ISA overhaul to boost UK economic growth post-Brexit.
Labour unveils new taxes on wealthy in emergency budget
In a dramatic emergency budget, Chancellor Rachel Reeves has announced sweeping new taxes targeting Britain's wealthiest citizens while blaming Brexit and Conservative policies for the nation's economic crisis.
Reeves gives OBR veto power over budgets
Shadow Chancellor pledges to give Office for Budget Responsibility unprecedented veto power over major tax and spending decisions, learning from Truss's disastrous mini-budget.
Blunkett: New Labour planned secret £30bn tax hikes
Former Home Secretary David Blunkett reveals Tony Blair's government secretly planned £30bn tax hikes while publicly pledging not to raise income tax, exposing hidden tensions within New Labour's inner circle.
Two-Child Benefit Cap Under Review in Labour Budget
Exclusive: Cabinet minister signals potential end to controversial two-child benefit limit while Labour prepares massive tax hikes targeting Britain's wealthiest in autumn budget showdown.
Reeves challenges OBR authority in economic power play
Labour Chancellor Rachel Reeves launches bold bid to reshape UK economic oversight, seeking to reduce the Office for Budget Responsibility's influence over fiscal policy in dramatic Whitehall shake-up.
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