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1 week ago | 
telegraph.co.uk | Eir Nolsøe |Lucy Burton
Ms Reeves's decision to look again at the inheritance tax changes suggest they may have sparked a bigger reaction than anticipated. Anthony Whatling at Alvarez & Marsal, who advises the wealthy on how to structure their assets, said: "The inheritance tax change is perceived by many as the most contentious aspect of the non-dom reforms - complex and globally out of step.
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1 week ago | 
telegraph.co.uk | Eir Nolsøe |Madeleine Ross
"It's pro-migration. It can take you five days or two days even to come to Dubai and set up the company. It will take you a few days, a few weeks, to set up local domestic bank accounts and get you going," he says. Parents who in the past came to Britain to put their children through school are now going to Dubai, he says. "The clients that we have are saying ' you don't have knife crime, right? You don't have fist fights in the school courtyards'.
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2 weeks ago | 
telegraph.co.uk | Daniel Martin |Eir Nolsøe
Her Ministry of Housing, Communities and Local Government had also been trying to preserve cash for local councils, homelessness and regional growth initiatives. Earlier this year, the Treasury put £2 billion into affordable housing but described it as only a "down payment".
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1 month ago | 
telegraph.co.uk | Eir Nolsøe |Ben Riley-Smith
The combined cost to the Treasury stands at more than £18bn, with the risk of another blow if the Government's fiscal watchdog downgrades estimates for productivity growth that are widely regarded as over-optimistic. Ms Reeves will come under heavy pressure from her own party to fill the gap with tax rises rather than spending cuts. Last week The Telegraph disclosed a leaked memo by Angela Rayner, the Deputy Prime Minister, calling for a raft of tax increases on higher earners and the wealthy.
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1 month ago | 
telegraph.co.uk | Ben Riley-Smith |Genevieve Holl-Allen |Eir Nolsøe
Further factorsOther factors will shape how much money the Chancellor has to play with in her autumn Budget. Home Office proposals to reduce net migration by 100,000 a year could have a knock-on impact on the Chancellor's headroom, with estimates suggesting an annual rise in borrowing of £7bn by the end of the decade. Last week's announcement on above-inflation pay rises for the public sector could add drive spending up by £2bn to £3bn each year, creating additional pressures.
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1 month ago | 
telegraph.co.uk | Daniel Woolfson |Eir Nolsøe
Describing the situation before Monday's announcement of the deal, Jonathan Reynolds, the Business Secretary, told BBC Radio 4's Today programme: "We've got a situation where, after Brexit, we've got the same food standards in place on both sides of the border, yet our agricultural food exports are down by a fifth. "You can't sell some products at all. A British sausage made in my constituency ... Hyde [Greater Manchester], you can't sell those. Can't sell burgers.
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2 months ago | 
telegraph.co.uk | Matt Oliver |Eir Nolsøe
While Mr Trump has temporarily paused the most aggressive tariffs on America's trade partners, Britain and other countries still face a 10pc base levy of all goods and 25pc tariffs on cars, steel and aluminium. The president of the world's largest economy has vowed that something "major" is coming for pharmaceuticals, which would impact some of Britain's most valuable companies like AstraZeneca.
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2 months ago | 
telegraph.co.uk | Chris Price |Eir Nolsøe
Thanks for joining us. Business confidence has plummeted to its lowest levels since Liz Truss's mini-Budget crisis as Donald Trump's trade war deepens. The Institute of Chartered Accountants in England and Wales (ICAEW) said Labour's tax raid and US tariffs were to blame.
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2 months ago | 
telegraph.co.uk | Szu Ping Chan |Eir Nolsøe
"We're talking about hundreds of billions or even trillions of dollars, even for a few basis points here and there," said Mr Koutny. By contrast, Vanguard believes the UK offers an opportunity for investors, as Mr Koutny praised the Bank of England's decision last week to delay an auction of long-term debt. He added that a move by the Debt Management Office (DMO) to shift away from long-term gilts in the Spring Statement showed policymakers were listening to investors' needs.
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2 months ago | 
telegraph.co.uk | Eir Nolsøe |Samuel Montgomery
More than a fifth of Coventry's exports are sold to the US, the highest in Britain. The West Midlands city is home to the headquarters of Jaguar Land Rover, which immediately suspended shipments to the US after Trump's tariffs took effect. Some 22.4pc of working-age people in Coventry are classed as being economically inactive, meaning they are neither in work or job-hunting. This is higher than the national average of 21.2pc. Blackpool also ranks highly among places directly exposed to the tariffs.
