Reeves Pushes Value for Money Office Despite Criticism
“Chancellor Rachel Reeves is proceeding with the establishment of the Office for Value for Money (OVfM) despite concerns from MPs about its effectiveness. The Treasury aims for the unit to identify £4bn in annual savings, starting with reducing the costs of...Britain’s Business Confidence Hits New Low
“British businesses are facing unprecedented pessimism, with confidence levels now lower than those in heavily sanctioned Russia. Following Chancellor Rachel Reeves’s £40bn tax hike, companies are bracing for stagflation, job cuts, and shrinking profits. The...High Street in Crisis: Tax Hikes and Policy Shifts Threaten Retail Survival
Nigel Holland *”Britain’s high streets are facing a deepening crisis as consumer confidence plummets to a record low. The British Retail Consortium reports that economic expectations have worsened for the fifth consecutive month, with retailers bracing for cost...Record Insolvencies as Businesses Brace for National Insurance Tax Hike
Nigel “Company insolvencies have reached a 16-year high, with nearly 500 businesses collapsing each week. January saw 1,971 insolvencies, marking a 10.7% increase year-on-year and the highest level since the 2009 financial crisis. Many directors are opting for...