Tim Wallace

London

Deputy Economics Editor at The Telegraph

Deputy economics editor at the Telegraph. Prize-winning economic forecaster!

Articles

Reeves tax raid pulls in £300m less than expected

1 week ago | msn.com | Chris Price |Tim Wallace |Alex Singleton

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.
Bank of England tracking ‘deeply worrying’ conflict in Middle East

1 week ago | msn.com | Chris Price |Tim Wallace |Alex Singleton

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.
High energy costs trigger closure of major UK wind turbine supplier

1 week ago | msn.com | Tim Wallace

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.
High energy costs trigger closure of major UK wind turbine supplier

1 week ago | msn.com | Tim Wallace

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.
Wind turbine parts supplier to close in threat to net zero supply chains

1 week ago | msn.com | Tim Wallace

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.
Wind turbine parts supplier to close in threat to net zero supply chains

1 week ago | msn.com | Tim Wallace

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.
High energy costs trigger closure of major UK wind turbine supplier

1 week ago | telegraph.co.uk | Tim Wallace

Britain's manufacturers typically pay far higher bills than competitors in countries including France and Germany, even though much of the Continent has been exposed to higher gas and electricity costs since Russia's invasion of Ukraine in 2022. British and European authorities sought to protect domestic fibreglass manufacturers from perceived unfair competition from China, imposing "anti-dumping" tariffs on imports from the world's second-largest economy in 2020.
Reeves tax raid blamed as UK suffers dramatic growth downgrade

1 week ago | msn.com | Tim Wallace

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.
Reeves tax raid blamed as UK suffers dramatic growth downgrade

1 week ago | telegraph.co.uk | Tim Wallace

Ms Reeves's £25bn raid raised the rate of tax employers pay on their workers' wages from 13.8pc to 15pc, and cut the threshold at which the levy kicks in - making it more expensive to hire part-time staff in particular. Ms Hellem urged the Chancellor to seek ways to make the tax system more efficient instead of raiding businesses yet again in the 2025 Budget scheduled for the autumn, as weak growth raises fears that another black hole will open up in the public finances over the coming months.
Britain 'less attractive than Oman' after Reeves's tax raid on businesses

1 week ago | telegraph.co.uk | Tim Wallace

Britain has become a less attractive place to do business as Rachel Reeves's tax raid and sky-high energy prices hammer companies. The UK has slipped to 29th place in the latest World Competitiveness Rankings, meaning the country is less attractive than countries including Oman, the Czech Republic and Saudi Arabia. Britain is only marginally more appealing than high-tax France, Kazakhstan and Kuwait.