Spiteful attacks on pensioners. A bashing for business. This Budget will be a vindictive horror...

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Chancellor Rachel Reeves promises to 'fix the foundations and deliver change' ahead of autumn budget.

Nearly three months have passed since Chancellor of the Exchequer Rachel Reeves stood up in the House of Commons and said the winter fuel payment should be means-tested for the greater financial good of the country.

The raid will also include taxes on businesses, the lifeblood of our economy. Some of these taxes - most notably a National Insurance charge on the contributions employers pay into the pension funds of their workers - will be both deeply damaging and divisive. For much of the late 1970s and 80s, I couldn’t walk past a WHSmith without a good mooch in the vinyl department. Invariably I would walk out with at least one LP to add to my collection.For much of the late 1970s and 80s, I couldn’t walk past a WHSmith without a good mooch in the vinyl departmen

Although the NatWest branch has been converted into flats and the old Santander building is now home to a rather state of the art physiotherapist practice, the Barclays and Lloyds branches remain empty - and are blots on the high street. Sadly, there is not a cat in hell’s chance of Wokingham having one. For a hub to get Link’s nod of approval, all the banks in the town must have closed – or been put on notice of closure. Given HSBC has already pledged to keep open all its branches until 2026, Wokingham is ruled out straight away.

 

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Business jitters ahead of chancellor Rachel Reeves's 'painful' budgetFirms are pausing hiring new staff while some executives are selling off shares in UK-listed companies because of worries about the potential measures set to be unveiled this month.
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