Category: Productivity

Rachel Reeves’s high-stakes autumn budget in five key charts

Chancellor to set out tax and spending plans shaped by weak productivity, high borrowing costs and cost of living crisisWhat to expect: tax, VAT, pensions, savings and moreRachel Reeves will unveil her make-or-break autumn...

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Rachel Reeves says tax rises and spending cuts on budget agenda, citing Brexit impact

Chancellor also blames austerity and ‘ongoing impact of Liz Truss mini-budget’ for growing shortfall in public financesUK politics live – latest updatesRachel Reeves has said tax rises and spending cuts are on...

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Resurrect HS2 northern leg to boost rail freight capacity, say UK manufacturers

Reviving line to Manchester and Leeds would help get lorries off roads and cut emissions, according to lobby groupManufacturers will press ministers today to resurrect plans for a high-speed rail line reaching Leeds and...

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UK drops down list of affluent nations after decade of stagnation, NIESR finds

Districts in Birmingham now ranked below poorest areas of France, Slovenia and Malta as institute urges rethink on planned welfare cutsThe UK has tumbled down the league of affluent nations after almost a decade of welfare cuts...

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Creaking public services are costing companies in absent staff, employers tell TUC

Union group urges chancellor to better fund health, social care and childcare to get staff back to work and boost productivityUK businesses are losing staff working time because of waits for healthcare or caring duties due to...

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Workers in UK could get right to request four-day compressed week

Employees could work longer hours over fewer days under government proposals for flexible workingUK politics live – latest updatesBusiness live – latest updatesWorkers in the UK could be given the right to request a...

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Tax rises will follow UK election unless fiscal rules are ripped up, says thinktank

Niesr says current limits on government borrowing fail to stimulate growth and hinder net zero ambitionsThe next government will be forced to hit voters with post-election tax rises and delay net zero investment unless it is...

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Labour rules out raising corporation tax above 25% in next parliament

Shadow chancellor Rachel Reeves tells business summit of measures to boost investment, productivity and certaintyLabour will not raise corporation tax above its current rate of 25% during the next parliament, the party has...

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