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Labour Party

Rachel Reeves considers raising 'stealth and sin' taxes to address £20bn fiscal shortfall
By City AM
The Chancellor could be set to raise British consumers with extra taxes, including "sin taxes", which are widely seen as regressive taxes that could hit people on lower income
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Business leaders call for less government meddling, more tech focus in upcoming Autumn Budget
Enterprise
A group of 1,500 private business leaders surveyed by KPMG said the Chancellor should focus on promoting higher wages and lower costs for companies
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Wales bucks º£½ÇÊÓƵ trend with a fall in unemployment
Economy
However, Wales has one of the lowest employment rate of any º£½ÇÊÓƵ nation or region
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Wales the only º£½ÇÊÓƵ nation to see a rise in shoppers shows new research
Retail
Retail footfall in Wales in July was up on a year earlier shows new figures from the Welsh Retail Consortium
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North West welcomes PM's late payments clampdown
Enterprise
Small Business Plan includes finance pledges and push to tackle late payments
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Barclays CEO urges Rachel Reeves to reconsider bank tax hike amidst economic growth concerns
By City AM
Barclays boss CS Venkatakrishnan has warned against a bank tax hike as the Chancellor looks to maintain her fiscal headroom
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º£½ÇÊÓƵ-India trade deal will be major boost for financial services, says Rachel Reeves
By City AM
The º£½ÇÊÓƵ-India Free Trade Agreement is a landmark moment for Britain's financial services sector, says Chancellor of the Exchequer Rachel Reeves writing for City AM
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Lloyds boss warns Labour's pension funds deal risks making º£½ÇÊÓƵ more like China
By City AM
Chancellor Rachel Reeves secured the support of 17 pension funds ahead of the Mansion House speech, which is expected to feature reforms to pensions and investment
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Labour's Rachel Reeves outlines multi-billion pound investment plan in her spending review
Labour Party
The Chancellor said total departmental budgets would grow by 2.3% a year in real terms and promised a "record cash investment" in the NHS
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Rachel Reeves' inheritance tax raid 'to cost 200,000 jobs in next five years'
By City AM
The Autumn Budget last year introduced sweeping changes to business and agricultural property relief, with a new study warning the move could cost 200,000 jobs
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Labour's tax hikes crash business confidence, firms warn of tougher times ahead
By City AM
The CBI said that average selling prices hit 32% - over double of its long-run average of 14% - as the double whammy of both cost and price pressures ramped up in the services sector
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Cross-border collaboration for tidal energy lagoon in the Severn Estuary to continue
Environment
Following the ending of the Western Gateway Partnership the Cardiff Capital Region and the West of England Combined Authority will now collaborate on making the case for a lagoon
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Angela Rayner pushed for £4bn tax raid on savers in lead up to Spring Statement
By City AM
Angela Rayner reportedly pushed for a £4bn tax raid on wealthier Brits in the lead up to the Spring Statement in signs of a senior Cabinet level split on economic policy
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'º£½ÇÊÓƵ in better trade position than any other country' after EU and US deals, says Rachel Reeves
By City AM
º£½ÇÊÓƵ Chancellor Rachel Reeves has said that the º£½ÇÊÓƵ is now in a better place on trade "than any other country in the world" after securing new trade agreements with the EU, the US and India this month
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Bristol city centre road changes could pave the way for tram line
Labour Party
Route would stretch from the Long Ashton park and ride south-west of Bristol, through the city centre, and then up the M32, almost completely separated from traffic.
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Natwest and Lloyds to cash in as Chancellor hints at ring-fencing reform
By City AM
Rachel Reeves has told top bank bosses she is "open-minded" to ditch the ring-fencing regime imposed on major banks, after HSBC, Lloyds, Natwest and Santander lobbied her to scrap the 15-year-old legislation last month
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Rachel Reeves's economic strategies spur º£½ÇÊÓƵ growth, overshadowing looming US tariffs
By City AM
The º£½ÇÊÓƵ economy surged by 0.7 per cent in the first three months of the year, official data has shown, suggesting firms boosted production ahead of Rachel Reeves's tax rises in April and the threat of President Donald Trump's tariffs.
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Treasury woos Monzo and Revolut bosses amid plea for London listings
By City AM
The Treasury has hosted a meeting with top º£½ÇÊÓƵ fintech names including Monzo and Revolut in a bid to convince the country's most valuable unicorns to list on the London Stock Exchange.
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Leader says devolution could give Cheshire business a huge boost and stop county 'missing out' to Manchester and Liverpool
North West
Cheshire and Warrington is part of the government's devolution priority programme
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Chancellor unveils new crypto rules as she promises to back º£½ÇÊÓƵ fintech
By City AM
The º£½ÇÊÓƵ Treasury is set to unveil new crypto regulation, after Chancellor Rachel Reeves pledged to support the fintech industry in a landmark speech on Tuesday
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Nissan boss says 'º£½ÇÊÓƵ is not a competitive place to be building cars'
Automotive
Alan Johnson told the House of Commons' Business and Trade Committee that the Government must support the automotive sector
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HSBC, Barclays, Lloyds: Mortgage price war as lenders go all out to win business
By City AM
A large increase in remortgaging was seen in the three months to December
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Business groups issue joint warning over Labour's 'business-busting' workers' rights package
By City AM
In a rare show of unity, some of the º£½ÇÊÓƵ's most powerful business groups have written to all members of the House of Lords, urging them to reevaluate and reform the controversial Employment Rights Bill
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Chancellor unveils £500m support for businesses hit by Trump tariffs
By City AM
The Growth Guarantee Scheme will provide extra lending capacity for firms that need support with cashflow issues due to changes in tariffs
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