Category: Finance News

Jan 3

Shops and restaurants brace for record employment tax surge after Reeves’s budget raid

Retailers and hospitality firms are staring at an unprecedented rise in staff tax bills this year, triggered by Chancellor Rachel Reeves’s decision to increase employer National Insurance contributions alongside an above-inflation hike to the minimum wage. New figures compiled by the Centre for Policy Studies (CPS) show that the annual cost of employing one full-time […]
Jan 3

Labour’s VAT on private school fees set to cool house prices in London’s affluent enclaves

House prices in some of London’s most exclusive postcodes are tipped to fall as Labour’s decision to apply VAT on private school fees forces more families to reconsider their housing choices. Property experts predict that homeowners grappling with steeper tuition bills will either downsize, relocate to more affordable areas, or choose state schools, weakening demand […]