Sun.Oct 13, 2024

article thumbnail

Labour’s economic challenge isn’t simple: it must curb City power and keep it on board

TheGuardian

Finance is now master, not the servant – what is key is securing its approval to bring in investment while diluting its often malign influence Private equity barons lean on Reeves to dilute proposals for higher taxes Tax wealth and value public assets: how Reeves can meet her challenges The economic challenge facing Labour is enormous. But it is also straightforward: Britain has experienced a prolonged period of weak growth, public services have been starved of cash and are struggling, and the s

Taxes 104
article thumbnail

Labour’s new green rules for big companies face resistance in the City

TheGuardian

Business lobby groups fear the impact of the government’s environmental standards on efforts to revive the London Stock Exchange When Keir Starmer launched the Labour party’s 142-page manifesto in June, the future prime minister was dubbed a man of no surprises. But alongside much-trailed pledges to kickstart economic growth and cut NHS waiting lists were newly adopted plans for new environmental regulations for London’s largest listed companies.

Company 75