UK's Reeves Says Growth Is Key as She Prepares to Set Out Budget

UK's Reeves Says Growth Is Key as She Prepares to Set Out Budget

UK’s Reeves says growth is key as she prepares to set out budget

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Stark Budget ahead – what might it cost and what no-regrets actions can you take?

Sarah Coles Rachel Reeves made a speech this morning, highlighting the challenges facing the nation’s finances. It’s likely to mean a tough Budget ahead. It could mean a change to income tax, National Insurance or VAT. She also laid out three priorities: cutting NHS waiting lists, cutting the cost of living and getting the national debt down. Five no-regrets moves to protect yourself and your finances. Sarah Coles, head of personal finance, Har…

Manufacturers urge Reeves to ‘get growth off the floor’ at Budget

The manufacturing industry has warned the government to prioritise growth in the Budget as the sector fights back from a year-long downturn in the face of “existential threats.” Manufacturers have faced mounting pressures over the last 12 months as business costs soared in the aftermath of Labour’s first Budget before tariff uncertainty and persistently high energy costs sucked confidence from the sector. The latest Purchasing Manager’s Index (P…

SMEs cut costs and freeze hiring ahead of Budget

Small and medium sized businesses (SMEs) across the UK are cutting costs and pausing hiring ahead of the Budget, research from Rathbones found.  40% of SMEs have made or considered changes ahead of the Budget, with 32% already cutting costs or restructuring and 31% delaying hiring. 46% said they expect the Budget to be bad for business.  70% are worried about tax rises, and 62% believe the Government does not understand SME needs. Not all change…