Autumn Budget 2024: City of London avoids ‘fright night’ tax raid from Rachel Reeves

Autumn Budget 2024: City of London avoids ‘fright night’ tax raid from Rachel Reeves

City A.M.

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While Rachel Reeves’s maiden Budget will hike taxes by £40bn, the City of London has been spared a worst case scenario, writes Elliot Gulliver-Needham. The City has issued a cautious sigh of relief after the Chancellor Rachel Reeves’ Autumn Budget failed to follow through on some of the more radical rumours floated over the past [...]

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