Category: Budget 2026

JP Morgan boss Jamie Dimon meets UK PM and chancellor to warn against bank tax hike

Wall Street billionaire tells Andy Burnham and John Healey ahead of October budget that hike could put investment at risk, it is understoodJamie Dimon, the chief executive of the largest US bank, JP Morgan, is understood to have...

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UK chancellor urged to remove £100k childcare ‘cliff edge’ prompting parents to cut work hours

Critics say threshold pushes higher-paid staff to cut back on work and often mothers to stop working to avoid losing entitlementJohn Healey has been urged to fix the £100,000 childcare “cliff edge”, that means some higher-paid...

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Boring or bust: Reeves aims to project calm competence in spring budget

After 18 months of policy U-turns and political turmoil we are told not to expect any last-minute policy rabbitsPoliticians tend to hate being boring but Rachel Reeves will be delighted if Tuesday’s spring forecast is judged by...

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