Rachel Reeves news and analysis – Page 12
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NewsBudget soft drinks sugar tax hike welcomed by campaign groups
The tax is currently applied at two different rates: 18p per litre for drinks with between 5g and 7.9g of sugar and 24p per litre for drinks with 8g or more
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NewsMedia Bites 1 November: more budget reaction, Amazon, Mars, Harrods, Aldi
Friday’s press continues to be dominated by reaction to the first Labour budget for 14 years, and, perhaps unsurprisingly, many of the leading UK publications are unsympathetic
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Analysis & FeaturesWill Labour act on damning obesity report proposals?
A House of Lords committee has urged the government to revisit Henry Dimbleby’s ideas on taxation and advertising restrictions
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NewsFmcg shares crash as investors stress over budget pressure for industry
Investors gave a big thumbs down to chancellor Rachel Reeves and the first Labour budget for 14 years as the FTSE 100 sank and shares across fmcg suffered a mass sell-off
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Comment & OpinionThe budget has set the stage for a tough business environment
Many businesses will be counting the cost of the triple-whammy of higher National Insurance contributions, lower thresholds, and a whopping increase in the national living wage, says Ian Wright, co-chair of the Food & Drink Export Council
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News‘Shafted’ farmers dismayed by budget tax hikes warn of price increases
Chancellor Rachel Reeves’ first budget has been slammed by the farming sector for its ‘betrayal’ over tax hikes
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NewsWholesale sector to face over £110m in extra costs from new budget
Increased employers’ National Insurance and direct wage costs will have a ‘significant impact’ on the sector
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NewsMedia Bites 31 October: Budget reaction, Kraft Heinz, Starbucks
Unsurprisingly, the front-pages this morning are all about Rachel Reeves’ first budget
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NewsYour reactions to the new government’s £40bn tax-raising budget
Readers of The Grocer share their opinions on how the autumn budget will affect their areas of industry
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NewsConvenience stores to bear £666m in extra costs from new budget
The ACS said the impact would be felt “unevenly” across the UK’s 50,000 convenience stores
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Comment & OpinionLabour’s budget gamble leaves businesses scrambling for cash
Labour is hoping it can both raid corporate pockets and simultaneously stimulate growth
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NewsAlcohol industry rages as duty set to go up in line with inflation
The tax hike was ‘a kick in the teeth to distillers’ said the UK Spirits Alliance
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NewsThe budget as it happened and what it means for fmcg
Rachel Reeves confirms this budget will raise taxes by £40bn
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NewsMedia Bites 30 October: autumn statement, Mondelez, Campari, Rude Health
The long-awaited Budget statement will be delivered by chancellor Rachel Reeves at 12.30pm
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NewsCity snapshot: Lidl agrees £70m real estate deal to forward fund 12 stores
Lidl has signed an agreement to sell 12 stores under construction to Roadside Real Estate for £70m. Plus, JLP is recruiting a record 12,500 temporary roles across the country over the Christmas period
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NewsStuart Machin urges Chancellor not to raise taxes on business
The M&S chief said he hoped recent ‘rumours’ that Rachel Reeves planned to raise National Insurance were untrue
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NewsMedia Bites 24 October: Disposable vape ban, inflation, online retail tax, the budget
The government has confirmed a ban on disposable vapes will come into force on 1 June
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NewsLords’ inquiry demands new taxes ‘hold industry to account’ for obesity crisis
The committee calls for prime minister Keir Starmer and Chancellor Rachel Reeves to take personal charge of a new obesity strategy
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NewsMedia Bites 23 October: Amazon tax, McDonald’s e.coli outbreak, Greggs Christmas ad
An e.coli outbreak at McDonald’s in the US generates headlines in this morning’s papers
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Comment & OpinionNew Labour government losing goodwill gloss already
There are very few sacred cows Rachel Reeves is reportedly unwilling to slay in what she warned this week would be a “difficult” budget