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Budget

  • Business confidence drops to post-pandemic lows after Budget

    December 1, 2025

    Business confidence in bosses’ own organisations fell to the lowest level in over five-and-a-half years after the Budget, a leading survey has suggested, as the absence of growth policies in Rachel Reeves’ statement dampened leaders’ moods.  The Institute of Directors’ monthly survey indicated bosses were fearing for the worst after last Wednesday’s much-anticipated event, with [...]

  • Lady Mayor: Higher taxes will discourage investors at critical time

    December 1, 2025

    Higher taxes on dividends, pension contributions and savings risk discouraging investors exactly when we need them, writes Susan Langley.

  • FCA pressed to investigate Treasury over Budget briefings

    November 29, 2025

    The Financial Conduct Authority has been urged to wade into the row between the Treasury and the Office for Budget Responsibility and investigate government briefings about a so-called £20bn fiscal hole.  Scottish National Party leader Stephen Flynn urged the City regulator to investigate Reeves and other Downing Street officials over “deliberately false and misleading” briefings [...]

  • Reeves ends Budget week with more unanswered questions than she started with

    November 29, 2025

    It was supposed to be the week that ended months of uncertainty. But Rachel Reeves has finished Budget week with more questions to answer than she started with. Not all of it was bad. Increasing the fiscal headroom was prudent. Cutting back motability spending was sensible. Removing a loophole that allowed private hire firms to [...]

  • Reeves accused of misleading country over ‘black hole’ in public finances

    November 28, 2025

    Rachel Reeves is in the firing line for “misleading the country” after the chair of the fiscal watchdog poured cold water over claims there was a black hole in public finances. In a new letter addressed to the chair of the Treasury select committee, the OBR chair Richard Hughes said he was taking the “unusual [...]

  • Asda boss bashes Budget as sales continue to drop

    November 28, 2025

    Asda boss Allen Leighton has hit out at the Autumn Budget as anti-growth and anti-investment as sales as the supermarket giant stumbled due to an IT handover. The executive chairman said Chancellor Rachel Reeves’ Budget “didn’t do anything for anybody” and that “there’s nothing the government is doing that is stimulating growth”. Speaking to City AM [...]

  • ‘We’ve been lied to’: Hospitality in uproar over business rates overhaul

    November 28, 2025

    A 5p reduction in business rates for hospitality and retail was held up by the Chancellor as a sign the government was listening to their concerns. But – writes Ali Lyon – as business owners calculated what it meant for their bottom line, they discovered that the devil was in the detail. It was supposed [...]

  • Reeves’ Budget tax hikes stopping Monsoon owner’s growth

    November 28, 2025

    The owner of Monsoon and Accessorize has warned the tax rises introduced by Chancellor Rachel Reeves are forcing it to stop investing in its growth. Adena Brands, which is owned by Peter Simon, is “focusing on reducing our cost base over investing in growth” until it sees signs of strengthening consumer demand. The business added [...]

  • Business leaders fear more tax rises are on the way

    November 28, 2025

    Businesses leaders are bracing for more tax rises even following another hefty cash raid from Rachel Reeves in her second Autumn Budget. Over two thirds of top bosses have said they fear business leaders will be targeted with more tax hikes even after the Chancellor raised taxes to the tune of £26bn on Wednesday. A [...]

  • Property market slows on uncertainty and high moving costs bite

    November 28, 2025

    The number of houses changing hands in the UK slowed year on year in October due to budget uncertainty and the high cost of moving. UK residential transactions in October 2025 reached 98,450, 2 per cent lower than October 2024, according to HMRC. “Today’s transaction results show a mixed-bag…  in the main we saw a [...]

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