Uber prices set to soar as ministers introduce VAT crackdown Prices on ride hailing apps like Uber are set to soar, after the government ploughed ahead with a promise to apply VAT to online mini cab companies despite warnings from the industry that the move would worsen the cost of living. From Friday, private hire vehicle operators in London will no longer be able to [...]
How to boost your pension pot in 2026 Personal Finance The New Year is fast approaching, and with it, resolutions to improve financial situations and retirement outlooks. This can be done through changing cash ISA accounts for one with a more favourable interest rate, investing in the stock market or paying off debts. But for many people, in particular those approaching retirement, reviewing and updating [...]
House prices plunge around London with Brighton, Crawley hit hardest Business Patches of London’s ‘stockbroker belt’ suffered the most significant decline in house prices this year, as both the capital and the South East fell behind northern regions. The West Sussex town of Crawley suffered an 8.9 per cent drop of £36,317, while High Wycombe saw a 7.4 per cent drop, with £34,994 wiped off house [...]
Property slump hits half of London as prime boroughs lead the decline December 23, 2025 London has a “two-speed” market, as house prices are falling in about half of London’s boroughs, with the most expensive boroughs hit the hardest. The average house price in London for October was £547,000, down 2.4 per cent from the previous year, according to the Office for National Statistics (ONS). The data also showed that [...]
Hospitality business rates set to nearly double by 2028 despite government tax cut claims December 20, 2025 Hospitality venues across England will see their business rates bill nearly double in the next three years as a result of the government’s controversial overhaul of the commercial property tax. A fresh analysis of government figures found that most pubs, restaurants and hotels will pay over £32,000 more on property tax by 2028, despite ministers [...]
Budget uncertainty dampens November spending December 19, 2025 Black Friday discounts failed to significantly boost consumer spending in November, as Budget uncertainty kept shoppers away from the high street. Sales declined 0.1 per cent last month, following a 0.9 per cent fall in October, as households opted to hold off spending in the run up to Christmas and wait to see the outcome [...]
‘If we’re serious about growth this is the lever to pull’, says Treasury adviser December 17, 2025 UK founders are launching businesses faster than ever, yet many still feel undervalued, underfunded, and overlooked. The 2025 UK StartUp Report showed that only 29 per cent of founders believe entrepreneurship is seen as a desirable career while just 27 per cent feel successful founders are celebrated. And, perhaps worst of all, only around a [...]
UK investors spooked by tax hikes on dividends and savings December 16, 2025 Rachel Reeves’ Budget decisions have raised alarm bells among DIY investors after they were hit with tax hikes and cuts to incentives, despite the Chancellor’s aim to push more funds into public markets. Over 70 per cent of investors said they were concerned about the increased basic and higher rates of taxes on dividends, property [...]
US puts UK tech deal on ice after Budget digital tax move December 16, 2025 Washington has paused the flagship US-UK tech pact just weeks after Rachel Reeves doubled down on Britain’s digital services tax in her Autumn Budget, sharpening fears that the levy has become a pressure point in wider trade talks with Trump’s administration. The so-called Tech Prosperity Deal, unveiled during Trump’s state visit back in September and [...]
Value of UK passport declines sharply under Labour December 16, 2025 The once-coveted British passport has tumbled in value since Rachel Reeves’ “wealth tax” Budget, according to a new report. In the latest Passport Index, put together by financial advisory firm Nomad Capitalist, the UK’s iconic blue travel document has slipped from 21st place in the previous list down to 35th out of 199 countries. This [...]