“When you hit profits, you hit growth”: Businesses criticize biggest fiscal tax hike in decades | UK News Aitrend

“When you hit profits, you hit growth”: Businesses criticize biggest fiscal tax hike in decades | UK News

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Tax rises announced in the recent Budget will hit businesses rather than boost growth, the head of one of the UK’s biggest business groups warned on Monday. The Confederation of British Industry (CBI) has joined a chorus of voices opposing Chancellor Rachel Reeves’ tax measures, which Labor says are needed to plug a £22 billion … Read more

Sir Keir Starmer vows to defend budget decisions ‘all day’ as farmers criticize ‘disrespectful’ PM | Political news Aitrend

Sir Keir Starmer vows to defend budget decisions ‘all day’ as farmers criticize ‘disrespectful’ PM | Political news

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Sir Keir Starmer said he would defend decisions made in the Budget “all day long”, amid anger from farmers over changes to inheritance tax. Chancellor Rachel Reeves announced this last month in his keynote speech that from April 2026, farms worth more than £1 million will face an inheritance tax rate of 20%, instead of … Read more