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3 weeks ago | 
cityam.com | Simon Hunt
Friday 06 June 2025 5:25 pm Rachel Reeves may have to ‘revisit’ manifesto tax pledges to meet fiscal rules, economists warn City Editor Chancellor Rachel Reeves’ fiscal headroom is in danger of being eroded Rachel Reeves may have to tear up Labour’s manifesto tax commitments to meet her tight fiscal rules, economists have warned, as the Chancellor battles to balance the books amid calls for higher spending on defence and welfare. A suite of new day-to-day spending commitments made by the...
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3 weeks ago | 
cityam.com | Simon Hunt
Friday 06 June 2025 12:43 pm ‘A tax burden without precedent in the 21st Century’: Pub chain McMullen’s blasts government tax hikes City Editor The Old Bank of England pub on Fleet Street | Credit: McMullen’s One of Britain’s biggest pub chains has taken aim at the government’s “damaging” tax hikes, warning they will lead to lower demand and investment and have forced the hospitality sector to “bear the brunt” of rises in government spending. Hertford-based McMullen’s, which operates around...
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3 weeks ago | 
buff.ly | Simon Hunt
One of Britain’s biggest pub chains has taken aim at the government’s “damaging” tax hikes, warning they will lead to lower demand and investment and have forced the hospitality sector to “bear the brunt” of rises in government spending.
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3 weeks ago | 
cityam.com | Simon Hunt
Thursday 05 June 2025 6:16 am | Updated: Thursday 05 June 2025 7:08 am Could changing Treasury accounting rules save Rachel Reeves’ fiscal headroom?
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3 weeks ago | 
cityam.com | Simon Hunt
Wednesday 04 June 2025 3:06 pm | Updated: Wednesday 04 June 2025 3:07 pm Exec behind Lloyds mass affluent push quits within days of launch City Editor Lloyds launched its new mass affluent service last month A Lloyds exec behind the bank’s push to attract “mass affluent” customers has departed within days of the launch of its new service. Jo Harris, who has been with the FTSE 100 bank for more than a decade, would be leaving at the end of the month, according to an internal memo seen by the...
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3 weeks ago | 
cityam.com | Simon Hunt
Wednesday 04 June 2025 2:02 pm CAB Payments turns to New York to revive fortunes City Editor CAB will open an office in New York The London fintech behind the “worst IPO of the year” in 2023 is seeking to revive its fortunes with an expansion to New York after it secured a licence to operate in the US. CAB Payments told markets on Wednesday that it has received approvals from the Federal Reserve and The New York State Department to operate a representative office in New York, via its...
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3 weeks ago | 
msn.com | Simon Hunt
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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3 weeks ago | 
cityam.com | Simon Hunt
Wednesday 04 June 2025 8:12 am Ninety One: Asset manager hopeful of ending years of outflows City Editor Ninety One saw positive net flows in the second half of the year The asset manager, which is based in London and Johannesburg, has recorded only a single year of net inflows since its 2020 flotation after clients pulled a combined £25bn from the firm. But on Wednesday, Ninety One said it had seen £400m of net inflows in the six months to the end of March 2025, a marked turnaround from the...
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3 weeks ago | 
cityam.com | Simon Hunt
Tuesday 03 June 2025 6:15 pm British Steel braces for fresh Trump tariff blow City Editor The UK exported 165,000 tonnes of steel to the US in 2023, worth a combined £388m The British steel industry is gearing up for the hammer blow of fresh US tariffs after Downing Street could not confirm that steelmakers would be exempt from the levies. But negotiations on the final terms of the deal have yet to be concluded, sparking concern British steelmakers will now be subject to the new 50 per cent...
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3 weeks ago | 
cityam.com | Simon Hunt
Tuesday 03 June 2025 9:04 am OECD: Rachel Reeves’ ‘insufficient’ fiscal headroom poses risk to UK economy The OECD downgraded the UK’s growth projections The OECD has warned Rachel Reeves’ wafer thin fiscal headroom poses a significant risk to the UK economy as it cut its growth outlook for Britain in 2025 and 2026.
