Magazine
What the Autumn Budget means for international trade and global mobility
Spending and taxation plans laid out by the Labour government in its first budget since coming to power in the summer, have failed to impress leaders of the UK’s business community.
Chancellor of the Exchequer Rachel Reeves maintained in the Commons on Wednesday afternoon that the budget and its £40 billion tax rise would maximise economic growth.On Thursday, the International Monetary Fund (IMF) took the unusual step of publicly praising the budget, describing the tax rises as “sustainable” and welcoming measures to increase investment and spending on public services….
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