Business & Economy
Faisal Islam: Inflation and borrowing figures illustrate chancellor's Budget challenge
Source: feeds.bbci.co.uk · Published
The economic figures released on Wednesday show the constraints for John Healey as he puts the finishing touches to his Budget.
The economic figures released on Wednesday show the constraints for John Healey as he puts the finishing touches to his Budget.
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Chancellor John Healey will set out his plans for UK taxes on 28 October.
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Inflation and government borrowing highest for a year ahead of next week's Budget
Inflation accelerated to 3.5% from 3.1% in the year to September, according to the Office for National Statistics (ONS).
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What is happening to UK prices?
UK inflation rose in September, pushed up by higher petrol and diesel prices.
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Paddy Power cuts 1,400 jobs and blames betting tax rises
The government increased taxes on online casino and sports betting in last year's Budget.
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A modest increase in bank taxes is not the end of the world for lenders | Nils Pratley
As long as Healey doesn’t go overboard, a small turn on surcharge dial will not seriously undermine flow of capital Everyone is familiar with the banks’ plea: raising taxes on them amounts to taxing the nation’s growth. If you increase how much banks pay, goes the argument, less
Business | The Guardian ·