Fiscal Drag
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UK budget: financial services sector reaction
Yahoo Finance· 2025-11-26 17:56
The Government is particularly targeting the ‘accidental’ landlords who aren’t operating like a large corporation but who are adding value to the economy by investing money into refreshing old properties or creating new homes by converting the lower-demand large properties into share living. The relationship between landlords and tenants is too often considered by the government as hostile, rather than as what it should be, a valued relationship between service-provider and customer.An investment must make ...
Reeves plots a dozen tax rises in attempt to repair Britain’s finances
Yahoo Finance· 2025-11-25 18:16
The FTSE 100 rose 0.8pc to close at 9,609.53. Shares in banks made gains following reports that the Chancellor will spare the sector from a tax raid.Ms Oliver said: “It is important to recognise that frontline council services will not benefit if the proceeds are retained solely by mayoral strategic authorities. Therefore, it should be made available to councils, and in all areas which wish to utilise it.”She added that mayors would need to examine the impact of a tourist tax on their local areas to determi ...