Autumn Budget 2026: Labour is treating London as a cash cow October 28, 2026 The plans that John Healey announced today to squeeze more from banks will hit London hardest too. Our world-beating financial services sector won’t stay in the City and Canary Wharf for long if it becomes uncompetitive. Instead of letting London’s key business sectors thrive, Labour punishes success, and every time they do, it is Londoners [...]
Autumn Budget 2026: Bank tax will hardly ‘do no harm’ October 28, 2026 This Autumn Budget fell a little short of the ‘do no harm’ test, especially concerning the bank tax, writes Miles Celic
Autumn Budget 2026: Wary Healey presents a Ming Vase Budget October 28, 2026 Healey has tried to avoid breaking anything – including Labour’s poll lead – in his Ming Vase Budget, writes Julian Jessop.
Budget 2026: Tax raid on landlords ‘final nail in the coffin’ for rental sector October 28, 2026 John Healey’s decision to hike tax on rental income is set to push up rents and deter new landlords from entering the sector, Britain’s fiscal watchdog has said. In his maiden Budget today, the Chancellor said that tax on property income will rise by a further two per cent, following the two per cent hike [...]
Pint prices to rise as Healey hikes beer duty October 28, 2026 The price of a pint is set to rise by 2p after John Healey announced plans to hike beer duty, saddling pubs with more costs despite a commitment to cut their business rates. The Chancellor said alcohol duty, which is charged on every pint sold, will rise in line with Retail Prices Index (RPI) inflation, [...]
Budget 2026: Households earning over £110,000 locked out of revived Help to Buy scheme October 28, 2026 Households earning more than a combined £110,000 are set to be excluded from the revived Help to Buy scheme, the Autumn Budget confirmed. First-time buyers earning over a combined £110,000 outside London will be locked out of benefiting from the £4.7bn government-backed funding providing equity loans in the Your First Home Scheme, and £140,000 inside [...]
Budget 2026: Healey reduces threshold for Business Asset Disposal Relief October 28, 2026 Chancellor John Healey has confirmed that he will reduce the threshold for Business Asset Disposal Relief in Capital Gains Tax. Healey lowered the threshold for business asset disposal relief (BADR) in capital gains tax (CGT) from £1m to £500,000 which he said will mean “no changes for three in four claimants”. But industry figures have [...]
Budget 2026: Healey freezes fuel duty again October 28, 2026 John Healey has frozen fuel duty for a 15th consecutive year and extended the Ukraine war 5p cut, as part of a raft of small measures aimed to shield households from the Middle East conflict. The Chancellor confirmed the levy on petrol and diesel would remain frozen at 53p a litre until July, saying: “For [...]
Healey funds high street tax cuts with raid on gambling firms and online sellers October 28, 2026 The government will fund tax breaks for small high street shops by hiking taxes on gambling and cracking down on online sellers, John Healey said. In his first Budget, the Chancellor said he will slash taxes on the high street by raising the threshold at which small firms start paying business rates from £12,000 to [...]
Budget 2026: Poorest pensioners shielded from income tax October 28, 2026 Chancellor John Healey has confirmed he will shield low-income retirees from income tax as the state pension is set to rise above the personal allowance threshold next year, in a move expected to cost the government around £200m a year by 2030. Healey said the government would protect nearly one million pensioners who are dependent [...]