Ministers approve £750m Marlow Film Studios development after review

Chancellor of the Exchequer Rachel Reeves presented a budget plan aimed at calming markets and addressing the cost of living crisis in the UK, proposing significant tax increases on the wealthy and middle class. This budget, set for November 26, is seen as crucial for the Labour government led by Keir Starmer.

Labour's stance on North Sea oil and gas production remains unclear, as it balances a commitment to halt new drilling licenses while promising to manage existing fields throughout their operational lifespan. This contradiction raises concerns about job security in an industry already facing significant job losses, estimated at 1,000 per month according to Robert Gordon University.

The latest Market Talks provide insights into various companies in the basic materials sector, including Aperam, Salzgitter, and Lynas Rare Earths, reflecting current market trends and investor sentiments. These discussions highlight the performance and outlook of these entities amidst ongoing market fluctuations.

UK Chancellor of the Exchequer Rachel Reeves delivered her budget speech in the House of Commons, highlighting key aspects such as the Office for Budget Responsibility's premature analysis release and plans for a higher tax on expensive properties, while confirming no increases to income tax, VAT, or National Insurance rates.

Chancellor of the Exchequer Rachel Reeves criticized the early release of the Office for Budget Responsibility's budget analysis, calling it a 'serious error on their part' during her budget statement in the House of Commons. This unprecedented move has raised concerns about the implications for fiscal transparency and government accountability.

The Chancellor of the Exchequer is set to announce a new North Sea Strategy during her upcoming Budget speech, which will allow for increased drilling in the North Sea. This initiative reflects the Labour government's approach to energy production and economic growth in the region.

Chancellor Rachel Reeves is set to announce a budget aimed at addressing the UK's cost of living crisis, a pivotal moment for the Labour government led by Keir Starmer. The budget, scheduled for November 26, is expected to include significant tax increases to cover a £20 billion spending gap and to stabilize the economy amidst lower growth forecasts.

Chancellor Rachel Reeves is preparing for a crucial budget announcement amid deep unpopularity and concerns from Labour MPs. The upcoming budget, scheduled for November 26, is seen as a pivotal moment for Reeves, who faces pressure to address fiscal challenges while maintaining party support.