Streeting rules out VAT on private healthcare

BBC NewsTuesday, September 30, 2025 at 7:53:57 AM
Streeting rules out VAT on private healthcare
In a recent statement, Health Secretary Wes Streeting firmly ruled out the possibility of introducing VAT on private healthcare, reassuring the public amidst ongoing discussions about potential tax increases. This decision is significant as it reflects the government's commitment to maintaining accessible healthcare options without additional financial burdens on patients, which could have far-reaching implications for the private healthcare sector.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
AO boss tells BBC: We're a British success story – the UK should be turbocharging us
PositiveFinancial Markets
John Roberts, the founder of AO, recently shared his thoughts with the BBC, emphasizing that the UK should be supporting successful businesses like his. He believes that tax increases are creating challenges for companies, but he remains optimistic about AO's potential as a British success story. This perspective is important as it highlights the need for government policies that foster growth and innovation in the business sector.
AO boss tells BBC: We're a British success story – the UK should be turbocharging us
PositiveFinancial Markets
John Roberts, the founder of AO, recently shared his thoughts with the BBC, emphasizing that the UK should be supporting successful businesses like his. He believes that tax increases are creating challenges for companies, but he remains optimistic about AO's potential as a British success story. This perspective is important as it highlights the need for government policies that foster growth and innovation in the business sector.
AO boss tells BBC: We're a British success story – the UK should be turbocharging us
PositiveFinancial Markets
John Roberts, the founder of AO, recently shared his thoughts with the BBC, emphasizing that the UK should be supporting successful businesses like his. He believes that tax increases are creating challenges for companies, but he remains optimistic about AO's potential as a British success story. This perspective is important as it highlights the need for government policies that foster growth and innovation in the business sector.
Third of workforce to go at Lindsey Oil Refinery
NegativeFinancial Markets
The Lindsey Oil Refinery is facing significant workforce cuts, with a third of its employees set to lose their jobs. The Unite union has voiced strong criticism of the government's handling of the situation, arguing that the refinery could remain operational and intact. This news is concerning not only for the workers affected but also for the local economy, as such layoffs can have a ripple effect on the community.
Third of workforce to go at Lindsey Oil Refinery
NegativeFinancial Markets
The Lindsey Oil Refinery is facing significant workforce cuts, with a third of its employees set to lose their jobs. The Unite union has voiced strong criticism of the government's handling of the situation, arguing that the refinery could remain operational and intact. This news is concerning not only for the workers affected but also for the local economy, as such layoffs can have a ripple effect on the community.
Third of workforce to go at Lindsey Oil Refinery
NegativeFinancial Markets
The Lindsey Oil Refinery is facing significant workforce cuts, with a third of its employees set to lose their jobs. The Unite union has voiced strong criticism of the government's handling of the situation, arguing that the refinery could remain operational and intact. This news is concerning not only for the workers affected but also for the local economy, as such layoffs can have a ripple effect on the community.
Latest from Financial Markets
Dollar, Equity-Index Futures Decline on US Shutdown
NegativeFinancial Markets
The recent decline in contracts for the S&P 500 and Nasdaq 100 indexes signals growing concerns over a potential US government shutdown, which could have significant economic implications. As the deadline to avert this shutdown has passed, the dollar is also feeling the pressure, hovering near a one-week low. This situation is crucial as it reflects investor sentiment and could impact market stability.
FTSE 100 Set to Dip, Pound Rises
NeutralFinancial Markets
The FTSE 100 is expected to dip as market analysts predict a slight downturn, while the British pound is experiencing a rise against other currencies. This situation reflects ongoing economic adjustments in the UK, which could impact investor confidence and trading strategies. Understanding these fluctuations is crucial for investors looking to navigate the current financial landscape.
Bernstein initiates Borouge stock with Market Perform rating
NeutralFinancial Markets
Bernstein has initiated coverage of Borouge with a Market Perform rating, indicating a cautious outlook on the company's stock performance. This move is significant as it reflects Bernstein's assessment of Borouge's market position and potential growth, which could influence investor decisions and market dynamics.
UBS initiates Vikram Solar stock with Neutral rating, cites capex risks
NeutralFinancial Markets
UBS has initiated coverage of Vikram Solar with a neutral rating, highlighting potential risks associated with capital expenditures. This is significant as it reflects UBS's cautious stance on the company's financial outlook, which could influence investor sentiment and market performance.
UBS downgrades Nykaa stock rating to Neutral on slower beauty margin growth
NegativeFinancial Markets
UBS has downgraded Nykaa's stock rating to neutral due to concerns over slower growth in beauty margins. This decision reflects the challenges Nykaa faces in maintaining profitability in a competitive market. Investors should pay attention to this shift as it may impact the company's future performance and stock value.
Instant View: India central bank keeps repo rate steady as widely expected
NeutralFinancial Markets
The Reserve Bank of India has decided to maintain the current repo rate, a move that aligns with market expectations. This decision is significant as it reflects the central bank's approach to managing inflation and supporting economic growth. By keeping the rate steady, the RBI aims to provide stability in the financial markets, which is crucial for both consumers and businesses.