Cristina Caffarra, a competition economist who has provided expert analysis for court cases, said mergers did not increase economic output unless big synergies were reinvested.

Ms Reeves told an event at the World Economic Forum in Davos that the Government will make changes that will result in tax treatment that is 'more generous' to some individuals.

It added to the gathering gloom over the economy at the start of the year as supermarket chain Sainsbury's yesterday revealed a cull of jobs while Primark said its sales were suffering.

Keir Starmer has been accused of pathetic bullying by a Norfolk environmental campaigner who was singled out and ridiculed by the prime minister in an article in the Daily Mail.

Rachel Reeves has suggested she will alter some of the more controversial non-dom reforms announced in the Autumn Budget.

“Rachel Reeves is thinking the right way but she’s in a difficult position,” said a senior UK bank executive in Davos . “Labour in the UK have made a lot of good decisions but it is very hard for them ...

It is entirely reasonable of Sainsbury's to cut costs when confronted with a higher tax bill and more retailers will follow suit in the weeks and months ahead.

At WSJ Journal House Davos, British Chancellor of the Exchequer Rachel Reeves addresses criticism from the business community and discusses how the government plans on making the country more ...

Sainsbury’s today announced it will cut over 3,000 jobs, including 20% of senior managers — a headline we shared among colleagues in the newsroom simply with the comment: “oof.”“Oof” is right. It is a ...

RACHEL Reeves will relax rules for non-domiciled residents in order to help them avoid paying UK taxes – saying she has been “listening to ...