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Autumn Budget 2025

  • Brits don’t believe this is a country that rewards hard work

    November 12, 2025

    What conversations are you having at work, at home, in the pub? There’s plenty to talk about, from Traitors (BBC good?) to trust in public broadcasting (BBC bad?) to say nothing of football, Remembrance Day, the weather and Christmas. Looking beyond these topics, is it possible to discern the national mood? Do we feel that [...]

  • Autumn Budget: B&Q boss hands Reeves tool kit for growth

    November 12, 2025

    Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, the boss of retail stalwart B&Q warns truly fixing the foundations starts with building confidence. After Labour’s monumental 2024 general election sweep, Chancellor Rachel Reeves seized her economic tool kit, telling Britons she was “fixing [...]

  • Will rich New Yorkers flee to London to escape Mayor Mamdani?

    November 11, 2025

    In a rare reversal of the slow march of UK wealth towards the US – from entrepreneurs upping sticks to companies switching listings – New York City’s incoming hard-left mayor looks set to nudge some of the city’s richest towards London.  American arrivals into the UK could soon be made up of an unlikely coalition [...]

  • FTSE 100 Live: Vodafone shares lead blue-chip rally; Unemployment rises

    November 11, 2025

    Good morning from the City AM liveblog team. What are you looking forward to more – Black Friday or Budget day? They are two vital days that UK retailers are bracing for in this month’s calendar, both of which can provide a major boost to firms – or crushing disappointment. Retail sales today show another [...]

  • Retailers hit by subdued October as Budget threat looms 

    November 11, 2025

    UK retailers suffered a “subdued” October as Brits tightened their pockets ahead of what is expected to be a tax-heavy Autumn Budget. Retail sales increased 1.6 per cent year-on-year but remained below the 12-month average of 2.1 per cent, marking the weakest growth since May. The new data from the British Retail Consortium (BRC) and [...]

  • Reeves’ LLP tax proposal will undermine ‘cornerstone of UK economy’

    November 10, 2025

    A professional services trade body warned that Rachel Reeves’ proposed increase in NICs for LLPs could lead to widespread conversion to limited company structures, undermining a successful British business model. The limited liability partnership (LLP) model, in which members (known as partners) invest their own capital in the business, was introduced 25 years ago and [...]

  • Reeves set to bring in US-style whistleblowing pay for HMRC

    November 10, 2025

    Chancellor Rachel Reeves is set to reveal a US-style whistleblower scheme to combat large-scale tax fraud. Later this month, HMRC is expected to launch a reward scheme, according to the Financial Times, which could pay informants as much as 30 per cent of any taxes collected as a result of tip-offs. The new US-style incentive [...]

  • Business leaders warn Budget tax hikes could trigger higher prices

    November 10, 2025

    Senior business leaders have called on the government to avoid increasing the cost of employment in the upcoming Autumn Budget, in order to avoid SMEs raising prices. According to a new report by Employment Hero, 86 per cent of the 1,000 business leaders are concerned about what the upcoming Budget will mean for them, as [...]

  • Reeves’ tax plans to push one in eight businesses overseas

    November 10, 2025

    One in eight small and medium-sized enterprise (SME) leaders in the UK are actively planning to relocate themselves, their businesses, or both, citing the current tax burden. This amounts to roughly 680,000 businesses out of the UK’s 5.67m SMEs, according to a new report by Rathbones. The findings come just weeks ahead of Rachel Reeves’ [...]

  • ‘Reckless and self-defeating’: Leading wealth manager slams possible exit tax

    November 9, 2025

    The head of a leading financial advisory and wealth management firm has slammed plans to impose an exit tax on wealthy Brits fleeing the UK, arguing it would leave lasting damage on the country. Reeves is reportedly looking at a possible 20 per cent “settling-up charge” on business assets, which is the rate of Capital [...]

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