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chancellor

  • UK firms deliberately halting growth to dodge VAT

    Markets

    Thousands of businesses are deliberately constraining their growth to remain below the £90,000 threshold at which firms start paying VAT.  City accounting firm Lubbock Fine has argued that the government should raise the threshold to £115,000, the level it would be if it had increased in line with inflation since 2017.  The VAT threshold was [...]

    GettyImages 2244121938 displaying a professional business meeting with diverse executives discussing strategic plans in a ...
  • Bank of England took ‘eye off ball on inflation’, says Jenrick

    Economics

    Robert Jenrick is set to make his first major pitch to the City, in his first major outing as Reform’s spokesman on Treasury matters. The Newark MP is expected to commit to the independence of the Bank of England but pledge to “strip the Bank of distractions which have been loaded onto it”. “We will [...]

    Business meeting with diverse professionals discussing a strategic plan, documents and laptops on the conference table
  • Britain stuck at bottom of G7 for total investment as Labour’s policies backfire

    Economics

    Rachel Reeves has come under fire after fresh data revealed Britain was stuck in last place among the world’s seven largest economies for total investment. Public and private investment marked just 18.6 per cent of GDP in the three months to September, placing the UK last among the G7 nations. Whilst it is a trend [...]

    Keir Starmer and Rachel Reeves have been warned a capital gains tax raid would stifle investment in the UK.
  • Are Britain’s independent pubs doomed?

    December 28, 2025

    2025 has been a year of diverging fortunes for pubs. Listed pub chains – particularly those with a strong presence in London – are reporting record sales, buoyed by higher consumer spending and increased footfall as workers return to their offices. Independent pubs, meanwhile, are closing at the fastest rate this century, blaming unfriendly government [...]

  • ‘If we’re serious about growth this is the lever to pull’, says Treasury adviser

    December 17, 2025

    UK founders are launching businesses faster than ever, yet many still feel undervalued, underfunded, and overlooked. The 2025 UK StartUp Report showed that only 29 per cent of founders believe entrepreneurship is seen as a desirable career while just 27 per cent feel successful founders are celebrated. And, perhaps worst of all, only around a [...]

  • ‘Petrified’ publicans call on government for urgent support

    December 12, 2025

    Pub chiefs have used an emergency meeting to call on the government to provide urgent tax relief in order to stave off closures and job losses. The British Beer and Pub Association (BBPA) has urged Labour to introduce 30 per cent business rates relief for pubs to help protect the future of the beleaguered sector. [...]

  • Strap a rocket to UK banks or watch the City drift, shadow chancellor warns

    December 4, 2025

    Shadow chancellor Mel Stride has called for a tearing down of burdensome City regulation to power up the financial services sector and avoid it losing status. The Tory MP said the pendulum has swung “too far in favour of trying to iron… [and] squeeze risk out of the system”. Stride called for a “bonfire of [...]

  • The Leaky War: How Rachel Reeves and the OBR came to blows

    December 4, 2025

    Between 5:16am and 11:30am on the day of the Budget, as Rachel Reeves was putting the finishing touches to her House of Commons speech, 7 audacious internet users made 44 attempts to break into the servers of Britain’s fiscal watchdog to get an early glimpse of her plans.  An hour before Reeves stood up in [...]

  • Is HSBC’s chair hunt really over?

    December 4, 2025

    Safe, but surprising – that was the verdict across the City as Britain’s biggest bank unveiled its new chair after a twist-and-turn search.  Brendan Nelson will take the post at HSBC, succeeding Sir Mark Tucker, whose exit in September left the bank without a permanent chair for weeks. Except for Nelson. Indeed, the seasoned accountant [...]

  • Reeves isn’t ‘underestimated’, she’s doing a bad job and should resign

    December 1, 2025

    Rachel Reeves has no mandate for taking money from taxpayers to hand to benefits claimants and her self-pitying defences are an insult to the people who are paying for her weakness, writes Alys Denby Rachel Reeves’ position has been untenable from the start. Her promises, during the election, that she would “end austerity” (increase public [...]

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