Tax fears heat up as firms ‘not ready for another Budget battering’

cityam

Oct 10

Chancellor Rachel Reeves has been warned businesses are not prepared for “another Budget battering”. Tax fears across businesses in the UK are bubbling up, a leading survey has indicated, as ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2574136681"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2574136681\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2574136681?lang=en_US&edition=fundamental","thumbnail":"https://www.cityam.com/wp-content/uploads/2024/11/GettyImages-2160520757-e1731522611973.jpg?w=824&h=463&crop=1","is_english":true,"pubTime":"2025-10-10 07:01","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2574136681","market":"fut","top_or_hot":-1,"title":"Tax fears heat up as firms ‘not ready for another Budget battering’","media":"cityam","content":"<div>\n<p>Chancellor Rachel Reeves has been warned businesses are not prepared for “another Budget battering”.  Tax fears across businesses in the UK are bubbling up, a leading survey has indicated, as ...</p>\n\n<a href=\"https://www.cityam.com/tax-fears-heat-up-as-firms-not-ready-for-another-budget-battering/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tax fears heat up as firms ‘not ready for another Budget battering’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTax fears heat up as firms ‘not ready for another Budget battering’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-10-10 07:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/tax-fears-heat-up-as-firms-not-ready-for-another-budget-battering/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chancellor Rachel Reeves has been warned businesses are not prepared for “another Budget battering”.  Tax fears across businesses in the UK are bubbling up, a leading survey has indicated, as ...</p>\n\n<a href=\"https://www.cityam.com/tax-fears-heat-up-as-firms-not-ready-for-another-budget-battering/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BCC","symbol_name":"Boise Cascade L.L.C.","start_time":0,"source_url":"https://www.cityam.com/tax-fears-heat-up-as-firms-not-ready-for-another-budget-battering/","article_id":"2574136681","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2024/11/GettyImages-2160520757-e1731522611973.jpg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/tax-fears-heat-up-as-firms-not-ready-for-another-budget-battering/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2574136681","pubTimestamp":1760050860,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Chancellor Rachel Reeves has been warned businesses are not prepared for “another Budget battering”.  Tax fears across businesses in the UK are bubbling up, a leading survey has indicated, as Chancellor Rachel Reeves is warned that firms are “not ready for another Budget battering” later this year.The British Chambers of Commerce ’s survey has shown that business confidence remains in a fragile state amid nerves that another damaging Budget could slow down sales across the UK economy.It pointed to growing concern among more than 4,600 firms that fears of another brutal tax raid had not subsided despite efforts by Labour ministers to reassure industry.Just under 60 per cent of respondents cited the tax burden as a top worry in the survey conducted between July and September.Smaller firms particularly nervousThe survey also showed that more firms had scaled back investment plans for the next 12 months than increased them, with the trend particularly prevalent across the hospitality and r","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BCC":"Boise Cascade L.L.C.","BK4104":"贸易公司与经销商","BK4567":"ESG概念"},"translate_title":"由于企业“还没有准备好应对另一次预算打击”，税收担忧加剧","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BCC":1},"content_text":"Chancellor Rachel Reeves has been warned businesses are not prepared for “another Budget battering”.  Tax fears across businesses in the UK are bubbling up, a leading survey has indicated, as Chancellor Rachel Reeves is warned that firms are “not ready for another Budget battering” later this year. The British Chambers of Commerce (BCC)’s survey has shown that business confidence remains in a fragile state amid nerves that another damaging Budget could slow down sales across the UK economy. It pointed to growing concern among more than 4,600 firms that fears of another brutal tax raid had not subsided despite efforts by Labour ministers to reassure industry. Just under 60 per cent of respondents cited the tax burden as a top worry in the survey conducted between July and September. \n\nThis figure compared with just 56 per cent in the second quarter and 36 per cent before last year’s Budget. Inflation was the second biggest concern among firms, with research showing there had been a sharp rise in the number of firms ringing the alarm bell on price growth compared to the second quarter of the year. Overall confidence among businesses remained low, with fewer than half of respondents (48 per cent) expecting turnover to increase over the next 12 months. A fifth (21 per cent) of businesses expected sales to worsen. Just 35 per cent of of retailers said they expected to see higher revenue while 38 per cent in the hospitality sector saw it rising. \n\nSmaller firms particularly nervousThe survey also showed that more firms had scaled back investment plans for the next 12 months than increased them, with the trend particularly prevalent across the hospitality and retail sectors. The data could be particularly concerning in light of Labour’s ambition to back small and medium-sized businesses (SMEs), with nine in ten participants being from companies that have fewer than 250 employees.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}