Tagged: autumn budget

UK Fintechs Reflect on Tax Increases, More, as Revealed in Chancellor’s Autumn Budget

Yesterday, the UK government revealed its new budget and the changes being made to cover a deficit while attempting to fuel economic growth. While the punditry will be digesting the statement from the Chancellor of the Exchequer, Rachel Reeves, for days, CI has received a… Read More

Autumn Budget: CGT Rises as Anticipated, Other Policies Changed in Attempt to Fill the “Black Hole,” £40 Billion Expected to be Raised

In the Autumn Statement delivered by Chancellor of the Exchequer Rachel Reeves today, the UK government delivered on an expectation for an increase in taxes. The Chancellor is the first female to deliver a budget in the UK’s history. In total, the government anticipates about… Read More

Autumn Budget: More Concerns About Tax Increases that Harm Early Stage Firms, Hampers UK Growth

CI has received multiple comments on next week’s Autumn Budget presentation, which will outline Labour’s plan for the UK economy. We have received multiple comments pertaining to expectations that certain taxes are poised to increase. Higher taxes like the CGT will directly undermine the innovation… Read More

Autumn Budget: Curve CEO Shachar Bialick Shares Opinion on Labour Government’s Possible Policy Changes, Fintechs

At the end of this month (October 30), the Labour government will reveal its economic plan during the Autumn Budget presented to Parliament. The Chancellor of the Exchequer, Rachel Reeves, who has been in charge since this past July, will share how Labour will address… Read More

UK Economy at Crossroads with Weaker Growth to Leave Less Room for Chancellor in the Autumn Budget – Report

The UK economy is said to be at a crossroads with weaker than expected growth to leave less room for the Chancellor in the Autumn Budget. This, according to an update from KPMG. According to KPMG in the UK, this weaker growth is set “to… Read More

CEO of Tide: Chancellor Delivered Little Help on Growth

The Autumn Statement delivered by the Chancellor of the Exchequer, Jeremy Hunt, last week included some grim news – including the declaration that the UK economy is in a recession. Fiscal sobriety was the message, a sharp turn from the mini-budget under Truss that caused… Read More

Autumn Statement: Chancellor Outlines Tough Future as Economy Now in Recession

Chancellor of the Exchequer Jeremy Hunt delivered the Autumn Budget today, and once again, there is a bundle of adjustments and announcements aiming to improve the UK economy that is struggling with high inflation, unsustainable energy costs, and a recession. The UK government has already… Read More

Is Artificial Intelligence the Biggest Beneficiary of the Autumn Budget?

Artificial Intelligence (AI) is creeping into every sector of the economy. Financial services is a huge beneficiary of AI as it has the potential to provide better services at a lower cost to many more people. In the recent Autumn Budget presentation by Chancellor Philip… Read More

Autumn Budget: What’s in it for Fintech?

As one would expect, yesterday’s Autumn Budget announcement delivered something for everyone. With Brexit getting closer, the UK Government is in “all-hands” mode seeking to boost the economy in preparation for the European divorce. Chancellor of the Exchequer Philip Hammond stated: “We are at a… Read More

Chancellor Proposes Changes to EIS to Increase Investment Limits to £2 Million, EISA calls Changes “Good News” for Entrepreneurs & Investors [u]

The Chancellor of the Exchequer Philip Hammond proposed an update to the Enterprise Investment Scheme (EIS) in the Autumn budget presented at the House of Commons today. The measures will increase the annual limit for individuals to £2 million – provided that anything over £1… Read More

Report Indicates Chancellor to Announce Multi-Billion Pound Fund to Fuel UK Scale-Ups

Chancellor of the Exchequer Philip Hammond’s Autumn budget will be revealed this week and there is plenty of chatter as to what may, or may not, be included in the important policy statement. With Brexit pressure compelling policy makers to do everything they can to… Read More

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