How long will Rachel Reeves last? Labour gloom has put Britain on brink of recession, says MAGGIE PAGANO

How long will Rachel Reeves last? Labour gloom has put Britain on brink of recession, says MAGGIE PAGANO

By MAGGIE PAGANO Updated: 18:21 GMT, 24 December 2024 Britain is on the brink of recession. Revised figures show there was zero growth in the three months from July – when Labour was elected – to September. If the economy contracted in this last quarter, that means we are close to two consecutive quarters of … Read more

Enough budgets already: Reeves must stop the squeeze and start making the tough decisions, says ALEX BRUMMER

Enough budgets already: Reeves must stop the squeeze and start making the tough decisions, says ALEX BRUMMER

By ALEX BRUMMER FOR THE DAILY MAIL Updated: 22:12 GMT, 16 December 2024 When is a Budget not a Budget? If this (highly unlikely) were a Christmas cracker teaser then the answer would presumably be: When you call it something else. Rachel Reeves says she will not hold a tax raising Budget in the spring … Read more

RUTH SUNDERLAND: Labour must listen to business

RUTH SUNDERLAND: Labour must listen to business

Before election, Reeves and Starmer went on charm offensive with business  They still insist they want to unleash growth  Labour needs to ditch the naïve socialist beliefs about economy  By RUTH SUNDERLAND FOR THE DAILY MAIL Updated: 21:53 GMT, 8 December 2024 Every minister’s nightmare is to be upstaged in front of the media by … Read more

JEFF PRESTRIDGE: Vernon Building Society is a small mutual with a big heart

JEFF PRESTRIDGE: Vernon Building Society is a small mutual with a big heart

Vernon Building Society shares a lot of good characteristics with its hometown football club, Stockport County. Crucially, both care passionately about their local communities. The football team currently occupies a play-off spot in League One. Owned by successful property businessman Mike Stott, who was born in nearby Hazel Grove, the Hatters go out of their way … Read more

HAMISH MCRAE: Scrap National Insurance for the golden oldies

HAMISH MCRAE: Scrap National Insurance for the golden oldies

By HAMISH MCRAE Updated: 10:58 GMT, 18 November 2024 The Chancellor, Rachel Reeves, wants to get more of us into work.  That’s understandable, for the more people in employment, the more people there are paying taxes – and making the Government’s dreadful Budget arithmetic look a little less glum. But how? Up to now, most … Read more

ALEX BRUMMER: UK retirement funds are an asset management blob

ALEX BRUMMER: UK retirement funds are an asset management blob

By ALEX BRUMMER Updated: 22:07 GMT, 10 November 2024 Looking ahead: Chancellor Rachel Reeves Rachel Reeves cannot be greatly pleased with the hostility to her joyless Budget. This week she will attempt to rebalance the narrative when she appears before City grandees at the Mansion House. Unlike one of her illustrious predecessors Gordon Brown, the … Read more

High cost of budget jitters: Borrowers face a blow as gilt rates soar, says ALEX BRUMMER

High cost of budget jitters: Borrowers face a blow as gilt rates soar, says ALEX BRUMMER

By Alex Brummer for the Daily Mail Updated: 10:36 BST, 9 October 2024 Labour’s mission for the economy is to end the Tory chaos. ‘Every commitment a Labour government makes will be based on sound money and economic stability,’ it proclaimed in its election manifesto. The formula was similar to that adopted by Bill Clinton … Read more