Unleash growth or you’ll have to hike taxes even higher, FTSE 100 boss warns Healey

cityam

Sep 08

Andy Briggs is the chief executive of pensions group Standard Life. The government must unleash growth in the forthcoming Budget or ministers will be forced to hike taxes even higher at future fiscal ...

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The government must unleash growth in the forthcoming Budget or ministers will be forced to hike taxes even higher at future fiscal ...</p>\n\n<a href=\"https://www.cityam.com/unleash-growth-or-face-rising-tax-bill-top-pensions-boss-warns-healey/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Unleash growth or you’ll have to hike taxes even higher, FTSE 100 boss warns Healey</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUnleash growth or you’ll have to hike taxes even higher, FTSE 100 boss warns Healey\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-09-08 08:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/unleash-growth-or-face-rising-tax-bill-top-pensions-boss-warns-healey/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Andy Briggs is the chief executive of pensions group Standard Life. The government must unleash growth in the forthcoming Budget or ministers will be forced to hike taxes even higher at future fiscal ...</p>\n\n<a href=\"https://www.cityam.com/unleash-growth-or-face-rising-tax-bill-top-pensions-boss-warns-healey/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FKU","symbol_name":"First Trust United Kingdom AlphaDEX Fund","start_time":0,"source_url":"https://www.cityam.com/unleash-growth-or-face-rising-tax-bill-top-pensions-boss-warns-healey/","article_id":"2665459113","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2026/09/standard-life-chief-executive-Andy-Briggs-1200x800-1.jpeg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/unleash-growth-or-face-rising-tax-bill-top-pensions-boss-warns-healey/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2665459113","pubTimestamp":1788828960,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Andy Briggs is the chief executive of pensions group Standard Life. The government must unleash growth in the forthcoming Budget or ministers will be forced to hike taxes even higher at future fiscal events, the boss of the largest player in the UK pensions market has warned.Andy Briggs, the chief executive of Standard Life, told City AM the UK’s ageing population leaves the Chancellor John Healey with one of two options to either “drive economic growth” or face the prospect of a “rising tax bill” in order to meet his spending commitments.In just over a month, Healey will deliver his first Budget as Chancellor against a stiff backdrop of rising borrowing costs and an increasing debt pile.“When it comes to the topic of pensions, we want to avoid lots of speculation in every budget cycle,” Briggs said.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"FKU":"First Trust United Kingdom AlphaDEX Fund","FLGB":"Franklin FTSE United Kingdom ETF","BK4582":"ESG ETF-MSCI"},"translate_title":"富时 100 指数老板警告希利，要么释放增长，要么将不得不进一步提高税收","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FKU":1.5,"FLGB":1.5},"content_text":"Andy Briggs is the chief executive of pensions group Standard Life. The government must unleash growth in the forthcoming Budget or ministers will be forced to hike taxes even higher at future fiscal events, the boss of the largest player in the UK pensions market has warned.Andy Briggs, the chief executive of Standard Life, told City AM the UK’s ageing population leaves the Chancellor John Healey with one of two options to either “drive economic growth” or face the prospect of a “rising tax bill” in order to meet his spending commitments.In just over a month, Healey will deliver his first Budget as Chancellor against a stiff backdrop of rising borrowing costs and an increasing debt pile.\n\nBriggs said “a series of measures to really support driving strong economic growth” would be “important” when Healey takes to the despatch box on 28 October. “The most important thing is driving economic growth… if you drive economic growth and you create more roles, and you scale more businesses, that’s what will make the biggest difference across the tax and welfare system as a whole,” he added. \n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOn Monday, Healey refused to rule out further tax hikes at the Budget, as he framed growth as the UK’s “pathway out of debt”.\n\nSpeculation has continued to mount that the UK is in for another punishing tax raid in October, which will follow on from ousted Chancellor Rachel Reeves’ two Budgets that raised £40bn and £26bn respectively.Stop the pensions speculation, Briggs urgesFinancial services leaders have been left fretting over numerous potential revenue-raising levies and urged the government to commit to the 25 per cent tax-free pension lump sum, currently capped at £268,275.Last year, Labour-associated think tank the Fabian Society urged the Treasury to cut the lump sum to £100,000. Pensions minister Torsten Bell has previously advocated cutting the sum limit to just £40,000.\n\n“When it comes to the topic of pensions, we want to avoid lots of speculation in every budget cycle,” Briggs said.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}