Rachel Reeves panics markets by ditching plans for income tax hike November 14, 2025 Rachel Reeves is understood to have scrapped plans to break Labour’s manifesto and hike income tax in the forthcoming Autumn Budget. The Chancellor was poised to hike income tax by 2p whilst cutting national insurance by the same amount in a move that would break Labour’s pledge to not raise taxes on ‘working people.’ Over [...]
Salary sacrifice cuts could damage retirement savings November 13, 2025 Brits will save less into their pensions if rumoured changes to salary sacrifice schemes are confirmed in the Budget, putting individual retirements and economic growth at risk. According to the Association of British Insurers (ABI), nearly 40 per cent of people will put less into their pension if Chancellor Rachel Reeves decided to cap salary [...]
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 [...]
Autumn Budget: How could Rachel Reeves change dividend tax rules? November 11, 2025 The Treasury has reportedly turned its attention to dividends as part of its efforts to fill up the public coffers in this month’s Budget. Chancellor Rachel Reeves is considering raising dividend taxes on 26 November, a move that could potentially raise £1.5bn according to the Resolution Foundation think tank. The speculation comes as the Treasury [...]
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 [...]
Budget tax rumours holding back UK economic growth November 10, 2025 The UK economy is expected to have grown by just 0.2 per cent in the third quarter of the year, economists have predicted, with the upcoming Budget cooling activity and leaving investors on edge. A Bloomberg poll of economists estimated the UK economy grew by just 0.2 per cent in the third quarter of the [...]
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’ [...]
Gen Z’s entrepreneurial dreams threatened by lack of support November 10, 2025 Gen Z is leading the country’s entrepreneurial boom, but a lack of professional support could threaten their future as business leaders. Over 80 per cent of 18 to 24 year olds have engaged in a form of entrepreneurial activity, such as selling products online or having a ‘side hustle’ alongside a full time job, according [...]
UK house prices rise at fastest rate since January November 7, 2025 UK house prices edged higher in October, rising at the fastest pace since January as buyer demand remained high despite market uncertainty. Prices increased by 0.6 per cent last month, marking the fourth time in five months the average price has increased, following a sharp 0.3 per cent drop in September, according to the latest [...]
Tax row erupts as Reeves tells watchdog she will break manifesto November 7, 2025 The Labour government is split in a fresh tax row after Rachel Reeves reportedly told the fiscal watchdog she will raise income tax in her forthcoming Autumn Budget – a move that will break a key manifesto pledge. The Chancellor is said to have informed the Office for Budget Responsibility that an increase to income [...]