{ }
U.K. Finance Minister Rachel Reeves is set to deliver the Labour government's first budget in nearly 15 years, addressing a £100 billion spending gap amid rising government borrowing costs and declining business confidence. The budget will propose changes to debt rules to free up investment funds, while tax increases for higher earners and potential adjustments to inheritance and capital gains taxes are under consideration. Analysts warn that balancing fiscal responsibility with growth initiatives will be a challenging task for Reeves.
UK consumer confidence has dipped slightly, with a GfK survey showing a 1-point decline to minus-21 in October. This downturn reflects growing concerns over Labour's upcoming budget, overshadowing improvements in personal financial sentiment and raising fears of a potential "vibecession."
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.