Voters oppose higher taxes and want Rachel Reeves sacked September 1, 2025 The majority of UK voters would be opposed to higher taxes despite pressures on public finances, a new poll has found. Analysis by economists has suggested that Rachel Reeves will have to raise taxes by as much as £50bn in the Autumn Budget, with property owners and pension pots reportedly set to be targeted by [...]
Budget 2025: Lloyds, Natwest and Barclays brace for a tax raid? September 1, 2025 Ahead of the 2024 Autumn Budget, Prime Minister Sir Keir Starmer warned Labour’s first fiscal event was “going to be painful”. He added those with the broadest shoulders “should bear the heavier burden” as Chancellor Rachel Reeves battled against an alleged ‘£22bn black hole’ inherited from the Conservative government. After lobbying efforts, banks were spared [...]
Firms mildly confident about growth after worst reading on record September 1, 2025 Firm owners are now mildly confident about seeing their companies grow after July’s reading showed business confidence at the second-lowest level on record, according to a leading industry group’s monthly survey. A survey by The Institute of Directors (IOD) has said that business leaders’ confidence in their own organisations is now in positive territory, having [...]
Business execs should snap out of summer slump quickly this year September 1, 2025 As the Budget moves closer into view, it looks like business execs will be met with stark awakenings in post-August office reset.
Thousands face fines after HMRC misses CGT update August 29, 2025 Tax experts have warned that “tens of thousands” of people could fall foul of penalties this year after tech issues left HMRC’s online filing system unable to properly reflect the recent changes to capital gains tax as implemented in Rachel Reeves’ first budget last year. The chancellor’s Autumn Budget increased CGT rates on disposals of [...]
Watch: Are we on the brink of a financial crisis? August 28, 2025 This might be the calm before the storm; the final stretch of a summer holiday that we might look back on as heady days before things turned very nasty indeed. Yesterday I interviewed the Prime Minister, the Chancellor and the Business Secretary – all lined up in the City AM studio. The video will be [...]
Torsten Bell: Who is the mastermind behind the 2025 Autumn Budget? August 28, 2025 When parliamentary candidates were revealed ahead of last year’s elections, Torsten Bell was one of the better-known names on Labour’s list. With his glaringly wonkish CV and swaggering way of talking up esoteric economic policies, he seemed primed to one day leave his mark on a Budget. According to the New Statesman, his opportunity to [...]
One in ten UK homes cut asking price in July August 28, 2025 One in ten UK homes registered a cut to the asking price in July, well above the five-year average, as sellers continue to adjust to a buyers market. Average house prices rose by just 1.3 per cent in the year to July, below the 2.1 price growth recorded at the start of 2025, according to Zoopla’s [...]
Tax: What should Reeves do in the Autumn Budget? August 27, 2025 As rumours swirl about which taxes Rachel Reeves may target this autumn, Tim Sarson lays out what the Chancellor can (and should) do.
Is scrapping the tax-free pension lump sum a good idea? August 21, 2025 The tax-free pension lump sum has its problems, but is limiting the allowance actually a good idea, asks Daniel Herring.