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Budget 2024

  • Brits confidence in European economy outpaces UK as Budget fears grow

    November 11, 2025

    Brits have admitted to having more confidence in the strength of the European and global economy than the UK as Budget fears consume the country. Fresh Barclays research has revealed Brits confidence in the European economy has ranked above the UK for the tenth consecutive month. Of the 2,000 surveyed, 22 per cent had faith [...]

  • Labour has ‘unbelievably harsh stance’ on big businesses

    November 4, 2025

    It is “unbelievable” that the Labour government has “taken such a harsh stance” on big businesses, the chief executive of restaurant chain Pizza Express has said. Speaking on an up-coming episode of City AM’s Boardroom Uncovered podcast, Paula MacKenzie said the industry had been “somewhat decimated” by the Covid-19 pandemic and has then been hit [...]

  • Reeves’ Budget tax hikes force nearly 5,000 pubs to the brink

    November 3, 2025

    The tax hikes announced by Chancellor Rachel Reeves in last year’s Budget have contributed to almost 5,000 pubs now being rated at maximum risk and becoming technically insolvent, according to new research. Figures from Price Bailey have revealed that just over 4,7000 pubs are now in that position, a 14 per cent rise on this [...]

  • Autumn Budget could ‘exacerbate’ manufacturing challenges

    November 3, 2025

    Fears that the UK manufacturing industry’s recovery could be “short-lived” have jumped as firms brace for a painful Autumn Budget. The latest S&P Global’s manufacturing Purchasing Managers’ Index (PMI) edged up to 49.7 in October, marking a 12-month high for the sector. But this remained stubbornly below the all-important 50.0 threshold, which indicates whether a [...]

  • The Entertainer makes huge loss as Reeves’ Budget forces job cuts

    November 3, 2025

    The Entertainer made a raft of redundancies as a result of Chancellor Rachel Reeves’ first Autumn Budget as it fell into the red during its latest financial year, it has been revealed. Teal Group Holdings, which also includes Early Learning Centre and Addo Play, cut 41 jobs and withdraw 15 other roles which were being [...]

  • Britain needs to ‘encourage enterprising entrepreneurs’ to kick-start economy

    October 22, 2025

    Britain “needs to be a nation of shopkeepers once again” and “encourage enterprising entrepreneurs” to boost its economic prosperity, the chief executive of recruitment giant Reed has said. Speaking on an up-coming episode of City AM‘s Boardroom Uncovered podcast, James Reed said if he was Prime Minister for the day, he’d “make Britain a destination [...]

  • Analysts dampen outlook for FTSE 100 banks as tax clouds gather

    October 21, 2025

    The UK’s top banks are gearing up for a third-quarter reporting season where all eyes will be on the Labour government’s second Autumn Budget. Speculation of a bank tax hike has dominated chatter around the sector in recent months and elevated fears across the City. It also comes alongside flaring tensions between the lending industry [...]

  • Autumn Budget: Wealth tax would drive £100bn out of UK economy

    October 16, 2025

    Rachel Reeves is facing renewed calls to rule out any form of wealth tax in the Autumn Budget with concerns such a move would drive £100bn out of the UK economy. The Chancellor confirmed on Wednesday higher taxes on the nation’s wealthiest would be a “part of the story” in the Budget.  But fresh research [...]

  • Rachel Reeves: Higher taxes on wealthy ‘part of story’ for Budget

    October 16, 2025

    Rachel Reeves has confirmed a tax grab on the UK’s wealthy will be “part of the story” for her forthcoming Autumn Budget as she dismissed critics who fear an exodus from the nation’s richest.  The Chancellor has faced rallying calls to launch a cash grab on the wealthy as she looks to strum up funds [...]

  • Autumn Budget: Reeves must focus on growth, not ‘gimmicks’

    October 16, 2025

    Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, the chief executive of founders club Helm calls for bold innovation policies took take centre stage. Chancellor Rachel Reeves should use her second Autumn Budget to make bolder swings for the UK’s innovation economy [...]

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