Tag: UK budget
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‘Damage has been done’: Farming community responds to rumours of an inheritance tax U-turn
What the whispers say about the inheritance tax on farms As the budget looms more than six weeks away, speculation swirls around potential tweaks to the inheritance tax (IHT) reforms first unveiled last year. Reports from Whitehall have suggested the threshold for IHT could rise from £1 million to £5 million, with a staggering £10…
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FTSE 100 Slips as Gold Pullback and Easing Geo- tensions Weigh on London Markets
FTSE 100 Faces a Mixed Morning as Gold and Defence Stocks Retreat The London market started Friday with modest declines as gold prices pulled back from their recent highs and investors weighed the impact of easing tensions in the Middle East on defence stocks. The FTSE 100 hovered around the 9,500 level, with sentiment cautious…
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FTSE 100 Dips as Gold Pullback and Easing Gaza Tensions Weigh on Markets
FTSE 100 slips as gold loses momentum and defence stocks retreat The FTSE 100 gave back some of Friday’s gains as gold prices cooled and easing geopolitical tensions in the Middle East dampened demand for defence stocks. By mid-morning, London’s blue-chip index was hovering around 9,498, down modestly as miners and energy shares weighed on…
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FTSE 100 inches lower as gold cools and defence stocks retreat amid Gaza ceasefire prospects
FTSE 100 trades lower as gold eases and defence names pull back The London stock market edged lower on Friday, with the FTSE 100 drifting around the 9,500 level as gold prices retreated from recent highs and defence stocks came under pressure amid softer Middle East tensions. By mid-morning, the Footsie sat about 11 points…
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Conservatives to unveil £47bn public spending cuts plan aimed at welfare, aid and civil service reductions
Conservatives set out ambitious plan to trim £47bn from public spending The Conservative Party is prepared to publish a comprehensive set of proposals that would cut public spending by about £47 billion over five years. The plan focuses on welfare reform, reductions in aid, and a substantial reduction in civil service numbers. The party argues…
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Conservatives set out plan for £47bn of public spending cuts to welfare, aid and civil service
Conservatives unveil plan to cut public spending by £47bn over five years The Conservative Party is set to publish a blueprint outlining substantial reductions in public spending, targeting welfare, international aid, and the civil service. The proposal, if enacted, would save about £47 billion over five years and is pitched as a necessary step to…