Thanks for joining us. We start with a look at retail, where bosses are “holding their breath” as they wait to see what tax raising measures Rachel Reeves will announce in her Budget.
The British Retail Consortium said companies are holding off investment ahead of the Chancellor’s speech on October 30.
5 things to start your day
1) Britain to suffer biggest exodus of millionaires in the world | High taxes and changes to non-dom rules driving away wealthy, warns think tank
2) Saudi Arabia hoovers up 40pc stake in Selfridges | Sovereign wealth fund PIF adds department store to stakes in Newcastle United and Heathrow Airport
3) Southern Water plans to pay out £275m in dividends despite rising debt pressures | Utilities company to reward shareholders as debt pile expected to grow to £8bn
4) Electric car makers and heat pump companies ‘deserve net zero tax break’ | Confederation of British Industry urges Reeves to introduce green innovation credit
5) Britain’s employers and staff pay more tax on earnings than Germany | Stealth raids leave tax…
