Economic and geopolitical tensions propels gold post Fed decision September 23, 2025 Gold will continue its meteoric rise following the Federal Reserve’s interest rate decision, a top analysts has said, as economic and geopolitical conditions keep investors opting for the safe haven asset. The precious metal hit $3,759 (£2,782.36) on Tuesday morning, as the asset surged after a slight wobble following the US central bank’s decision to [...]
Oliver Bonas: ‘Growth hard to come by’ with Reeves’ tax hikes September 23, 2025 Oliver Bonas has warned the outlook for the UK economy is “not easy” and that “growth hard to come by” because of the tax rises introduced by Chancellor Rachel Reeves in her Autumn Budget last year. The retailer added that its pre-tax profit fell during 2024 because of rising costs while it pins its hopes [...]
Autumn tax hikes would lead to inflation over five per cent ‘well into next year’ September 23, 2025 Food inflation will rise and remain above five per cent well into 2026 if the retail industry is hit by further tax rises at the Autumn Budget, a leading lobby group has warned. The British Retail Consortium (BRC) said that the government risks ‘losing the battle’ against inflation if business rates on large shops rise [...]
Natwest and HSBC shares dip as bank tax chatter heats up September 22, 2025 Shares in Natwest and HSBC dipped on Monday morning as traders digested renewed chatter of a tax hike on Britain’s banking giants. Natwest tumbled as much as 1.3 per cent to 506p when markets opened, while HSBC fell 0.6 per cent to 1,022p. Barclays fell nearly 0.2 per cent to 381p. Lloyds was broadly flat [...]
Backlash grows as Reeves eyes VAT raid on cabs September 21, 2025 Rachel Reeves is facing a mounting backlash over plans to impose VAT on taxi fares, with campaigners warning the move will hammer rural residents, make it harder for disabled people to attend medical appointments, and heap pressure on the NHS budget. The chancellor is weighing proposals to introduce a 20 per cent levy on all [...]
Reeves’ tax hikes ‘won’t bring inflation down anytime soon’, Smeg warns September 18, 2025 The tax hikes introduced by Chancellor Rachel Reeves in last year’s Autumn Budget will mean it is “sometime” before inflation gets down to the government’s two per cent target, the UK arm of kitchenware brand Smeg has warned. The Abingdon-based division said the increase to employers’ National Insurance contributions, which came into effect in April, [...]
Michael Vaughan issues Autumn Budget plea to Rachel Reeves September 18, 2025 Cricket legend Michael Vaughan has issued a plea to Chancellor Rachel Reeves to help out start-ups and small-to-medium-sized (SMEs) businesses in her Autumn Budget on 26 November. Vaughan, who has recently invested in health and wellness supplement start-up Uthful, hit out at the employers’ National Insurance increase included in last year’s Autumn Budget for causing [...]
Reeves’ taxes ‘incredibly damaging’ to historic family business September 16, 2025 The tax hikes introduced by Chancellor Rachel Reeves in her Autumn Budget are “a real setback” and will be “incredibly damaging”, one of the UK’s biggest family-owned breweries has warned. Robinsons Brewery, which has been in business in Stockport for more than 180 years, has issued a warning that 2025 will be “a much more [...]
Aldi issues Budget warning as profit slashed September 15, 2025 Profit at discount supermarket giant Aldi was slashed by more than £100m during its latest financial year despite sales passing the £18bn mark. New figures released by the chain show its operating profit declined from £552.9m to £435.5m in 2024. Aldi said the fall was as a result of it continuing to “lower prices for [...]
Autumn Budget: Rachel Reeves told to scrap ‘not fit for purpose’ Lifetime ISA September 12, 2025 Chancellor Rachel Reeves has been warned that the Lifetime ISA (LISA) is “not fit for purpose and must be reformed” in the Autumn Budget. Tom Goddard, a senior associate at audit, tax and business advisory firm Blick Rothenberg, has argued that the LISA “must be reformed to not conflict with shared ownership schemes”. The LISA [...]