Emma Taggart

County Derry, Dublin, London, Londonderry

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Articles

Britain 'faces up to £30bn of tax rises' to hit Nato defence target

11 hours ago | telegraph.co.uk | Emma Taggart

Britain faces tax rises of up to £30bn in the autumn Budget to fund greater defence spending, economists have warned. Analysts said higher taxes looked inevitable as without them Rachel Reeves, the Chancellor, would struggle to meet promises to increase defence spending while still meeting her self-imposed fiscal rules. Sir Keir has pledged that the UK will spend 3pc of GDP on defence by the next parliament and Nato is expected to demand even higher commitments later this year.
Rayner's workers' rights bill will damage growth, warn bosses

20 hours ago | telegraph.co.uk | Emma Taggart

Angela Rayner's radical shake-up of workers' rights will hurt economic growth, bosses have warned, as companies prepare to slash hiring and curb investment. More than seven in 10 business leaders believe the Government's Employment Rights Bill will have a negative impact on the country's economy, according to a survey carried out by the Institute of Directors (IoD). Nearly half said they would be less likely to hire new staff as a result of the reforms to workers' rights.
Scrap net zero costs from energy bills, bosses urge Miliband

1 day ago | telegraph.co.uk | Emma Taggart

The cost of power for industrial businesses is now about 50pc more expensive than in Germany and France, and four times as expensive as in the US. Businesses have blamed green levies for contributing to the growing cost of bills, which have been imposed to help meet Mr Miliband's target of decarbonising the electricity grid by 2030.
Can Nigel Farage really boost Britain's birth rate?

5 days ago | telegraph.co.uk | Emma Taggart

"In the last few years Hungary has experienced fertility declines to the same extent as other countries and it now has exactly the same fertility rate as the European average ... from that perspective Hungarian policies are not bringing in tremendous success," says Sobotka. But Orbán's focus on large families is helping to deliver an uptick in the number of households with three or more children, Sobotka adds. In the Nordics, the picture isn't any clearer.
Sadiq Khan to scrap congestion charge discount for locals without electric cars

1 week ago | telegraph.co.uk | Emma Taggart

Sir Sadiq Khan has proposed a 20pc rise in London's congestion charge and plans to scrap a discount for people who live within the zone unless they drive an electric vehicle (EV). Transport for London (TfL), which is overseen by the Mayor, plans to raise the daily charge for driving in central London from £15 to £18 from January 2026. It will be the first increase since 2020, when the fee climbed from £11.50.
FTSE annual reports now longer than The Da Vinci Code as red tape goes mad

1 week ago | telegraph.co.uk | Emma Taggart

The average FTSE 100 annual report is now longer than The Da Vinci Code as a blizzard of red tape forces companies to churn out epics that almost nobody fully reads. The word count of FTSE 100 company reports has increased by 27pc since 2019, according to research by the Quoted Companies Alliance (QCA), rising to 152,000 on average - around 13,000 words longer than Dan Brown's 2003 mystery novel. Some companies produce updates more than double that length.
Graduate roles plummet as Reeves's job tax bites

1 week ago | telegraph.co.uk | Emma Taggart

The figures reveal that university leavers are faced with one of the most challenging labour markets in years. Even the professional services and accounting sector, which has long been one of the biggest graduate employers in the country, has recorded a decline in recruitment. Earlier this year PwC froze hiring for one of its apprenticeship schemes and abandoned its practice of offering permanent positions to staff who graduated from it.
Food gets more expensive as Reeves's tax raid pushes up prices

1 week ago | telegraph.co.uk | Emma Taggart

Retailers face fresh pressure from a packaging tax coming into force later this year and Labour's workers' rights overhaul, which is currently making its way through parliament. The changes are expected to make it more difficult to hire temporary staff at peak periods.
The fundamental flaw at the heart of the Bank of England

1 week ago | telegraph.co.uk | Emma Taggart

Meanwhile Pill remains wary of providing too much insight into his own thinking about the outlook for the UK economy. "Sometimes I worry about exploring the dark recesses of my own mind ... because I think there are some complexities and uncertainties which are difficult to communicate," he told the audience during a speech on the monetary policy outlook at Barclays last week.
Rayner's housing target at risk from crumbling water system

1 week ago | telegraph.co.uk | Emma Taggart

But water companies, which have a statutory duty to provide a connection for customers, have indicated they could delay developments with objections over the scale of sewage work required. Anglian Water, which operates in the East of England, advised developers that it may object to several housing schemes until additional sewage capacity has been constructed.