Vodafone chief shakes off Budget gloom as shares jump November 11, 2025 Vodafone’s chief executive has said the forthcoming Budget is “not a big thing for us” after the telco defied wider economic gloom to deliver a dividend hike. The FTSE 100 firm said it saw 1.2 per cent growth in the UK in the six months to the end of September, while Germany, a key market, [...]
FTSE 100 Live: Vodafone shares lead blue-chip rally; Unemployment rises November 11, 2025 Good morning from the City AM liveblog team. What are you looking forward to more – Black Friday or Budget day? They are two vital days that UK retailers are bracing for in this month’s calendar, both of which can provide a major boost to firms – or crushing disappointment. Retail sales today show another [...]
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 [...]
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 [...]
Rachel Reeves concedes manifesto pledges may be dropped November 10, 2025 Chancellor Rachel Reeves has suggested that Labour manifesto commitments will be ditched amid a “significantly worse” economic inheritance than expected last year. In an interview with the BBC, Reeves said she would prefer to increase government spending on infrastructure rather than cut taxes for Britons. When asked whether the government would stick to manifesto commitments, [...]
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 [...]
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 [...]
Construction industry sheds workers at steepest rate in five years November 6, 2025 The UK’s construction industry suffered another crippling hit in October after the rate of job shedding hit its steepest level in just over five years. The latest Purchasing Managers Index (PMI) from S&P Global showed the sector had tumbled to 44.1 last month, down from 46.2 in September. This marks the tenth consecutive month the [...]
Banks set to escape tax raid from Rachel Reeves after lobbying November 6, 2025 Rachel Reeves is expected to avoid a cash grab on Britain’s banking titans in her forthcoming autumn Budget after the industry flagged concerns around international competitiveness. The Chancellor is understood to be hesitant on targeting the banks for a cash raid after a string of warnings from top industry chiefs on the impact on economic [...]
Daily Mail owner moves assets offshore ahead of Budget November 6, 2025 The owner of the Daily Mail has moved hundreds of millions of pounds worth of assets to its newly created offshore parent ahead of the November Budget, City AM has found. Daily Mail and General Trust (DMGT), which owns a host of publications including The Daily Mail, Mail on Sunday and the I newspaper, sold [...]