Business

Small businesses have called for the government to “significantly increase” the employment allowance to prevent them from having to shut down following the budget. Chancellor Rachel Reeves is set to raise national insurance contributions paid by employers – despite promising not to increase the tax “for working people” – to help fill a £40bn black
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The Labour government’s first budget will embrace the “harsh light of fiscal reality” but “better days are ahead”, Sir Keir Starmer will say in a speech on Monday. Chancellor Rachel Reeves will deliver the budget on Wednesday and setting the tone for the announcement, the prime minister will warn of “unprecedented” economic circumstances and the
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The International Monetary Fund (IMF) has upgraded its projection for UK growth this year by 0.4% to 1.1% – the largest upward revision for any advanced economy. In a boost to Chancellor Rachel Reeves as she prepares to travel to Washington for the IMF’s annual meeting this week, its latest world economic outlook predicts strengthening
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A new commission is to investigate Britain’s troubled water industry in a bid to tackle sewage pollution, “broken” infrastructure, and toughen up weak regulators. The new Independent Water Commission will deliver the “largest review of the sector since privatisation”, the UK and Welsh governments said as they unveiled the plans. Campaigners have warned against trade-offs
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