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Philip Aldrick

London

Senior Editor at Bloomberg News

Senior economics reporter, Bloomberg @economics @bloomberguk

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Articles

  • 4 days ago | news.bloomberglaw.com | Philip Aldrick |Lucy White

    Nigel Farage said his Reform UK Party would “bring back” wealthy foreigners who have left Britain by giving them a full exemption from taxes on their overseas assets in return for a once-a-decade fee that would fund cash payments to low-income workers. At a London press conference Monday, Farage indicated he was particularly targeting those who have have moved to Italy, which has a similar policy and just increased the fee that it charges in return for granting so-called non-domiciled status.

  • 5 days ago | financialpost.com | Philip Aldrick

    Advertisement 1Energy costs will be cut for as many as 7,000 UK businesses as the government scraps green levies to level the playing field with foreign rivals and boost growth under its new ten-year Industrial Strategy. Article content(Bloomberg) — Energy costs will be cut for as many as 7,000 UK businesses as the government scraps green levies to level the playing field with foreign rivals and boost growth under its new ten-year Industrial Strategy.

  • 5 days ago | bloomberg.com | Philip Aldrick

    Nigel Farage(Bloomberg) -- Nigel Farage said his Reform UK Party would “bring back” wealthy foreigners who have left Britain by giving them a full exemption from taxes on their overseas assets in return for a once-a-decade fee that would fund cash payments to low-income workers.

  • 5 days ago | bloomberg.com | Philip Aldrick

    The steel merchant bar manufacturing plant in Scunthorpe, UK. (Bloomberg) -- Energy costs will be cut for as many as 7,000 UK businesses as the government scraps green levies to level the playing field with foreign rivals and boost growth under its new ten-year Industrial Strategy.

  • 1 week ago | bloomberg.com | Philip Aldrick |Tom Rees

    A waiter serves at a restaurant in central London.l(Bloomberg) -- UK Chancellor of the Exchequer Rachel Reeves’ decision to push up taxes for employers and increase the minimum wage is squeezing pay for middle earners, moving work overseas and inflating food prices. That’s the conclusion of the local network that feeds on-the-ground intelligence to the Bank of England, in a report that will make uncomfortable reading for the Labour government.

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Philip Aldrick
Philip Aldrick @PhilAldrick
9 Jun 25

Markets side-eyeing winter fuel u-turn https://t.co/DV0BFMeBEo

Alex Wickham
Alex Wickham @alexwickham

New: Reeves announces winter fuel u-turn Pensioners with income <£35,000 will get it this year That’s 3 in 4 pensioners, 9m people 2m with income >£35k will lose it via PAYE/self-assessment Treasury says change costs £1.25b But saves £450m compared to universal payments

Philip Aldrick
Philip Aldrick @PhilAldrick
9 Jun 25

RT @alexwickham: Your essential spending review preview by @PhilAldrick. Labour’s big worry is no one will feel their £300bn splurge becaus…

Philip Aldrick
Philip Aldrick @PhilAldrick
6 Jun 25

RT @ZSchneeweiss: Tax-hike pressures to follow UK spending review, economists say https://t.co/6FSFSnC7Jo via @PhilAldrick @tomelleryrees h…