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 [...]
Rachel Reeves’ benefit handouts are unchristian, Badenoch says November 28, 2025 Kemi Badenoch has argued that Rachel Reeves’ welfare splurge in the Autumn Budget is inconsistent with Christian values, as she blasted the Labour government for raising taxes to fund increased spending. The Chancellor hiked taxes by £26bn on Wednesday to fund a massive injection of cash into welfare benefits, including the controversial decision to lift [...]
Banks keep up their end of Rachel Reeves’ tax bargain November 27, 2025 The banking industry has given Rachel Reeves some much-needed ammunition as she attempts to defend her tax-heavy Autumn Budget. After being spared from a highly-anticipated cash grab, a fleet of banks announced a fresh pump of capital in the UK economy. Britain’s largest retail bank Lloyds Banking Group unveiled £35bn of new finance for 2026 [...]
Budget 2025: Rachel Reeves announces £26bn tax raid November 26, 2025 Chancellor Rachel Reeves has announced an avalanche of tax rises on the wealthy and on working people, adding up to £26bn to fund extra spending over the next five years, as she vowed to make the country more “secure”. Her biggest announcement included freezing income tax and national insurance thresholds until 2031 to raise £11bn [...]
Budget: Blow to investors and startups ‘hidden’ in small print November 26, 2025 A blow to investors and early-stage businesses has been revealed in the small print of Rachel Reeves‘ Budget. The tax relief available on venture capital trusts has been slashed, according to the full Budget document released by the Treasury following Reeves’s speech in the House of Commons. While the venture capital trusts’ annual and lifetime [...]
Reeves’ income tax decision to hit wealth creators, warns Castore CEO November 26, 2025 The co-founder of sportswear brand Castore has hit out at Chancellor Rachel Reeves for freezing income tax thresholds as a “way of delaying the inevitable impact for entrepreneurs and wealth creators”. Tom Beahon, who leads the Manchester-headquartered company alongside his brother, added that “you can’t build a growth economy by disincentivising risk taking”. Announced in [...]
Jeremy Hunt issues Budget warning to Rachel Reeves November 26, 2025 Former Chancellor Sir Jeremy Hunt has issued a warning to Rachel Reeves hours before the Budget and revealed what he is most worried his successor will announce later today. The Conservative MP, who held the role under Liz Truss and Rishi Sunak from 2022 to 2024, also outlined his predictions for this year’s Budget including [...]
Autumn Budget Live: Wealthy, landlords and pensions hit in £26bn tax raid November 26, 2025 Welcome back to the City AM liveblog. In a shocking turn of events the UK fiscal watchdog has accidentally released the economic forecasts – intended to be published after the Budget – before the Chancellor even took to the despatch box. Rachel Reeves has raised taxes by £26bn in her second Budget, which follows on [...]
‘I have no confidence in Rachel Reeves to turn things around’ November 24, 2025 The chief executive of a luxury hotel group in London has said he has “no confidence” in Chancellor Rachel Reeves ahead of her Budget later this week. Gavin Taylor, who leads Clermont Hotel Group, also branded Reeves as “not particularly business friendly” and that the Chancellor needs to lower the tax burden on companies in [...]
Budget: Rachel Reeves told to make ‘simple fix’ to ‘badly outdated’ shares scheme November 24, 2025 Chancellor Rachel Reeves has been told to make “simple fixes” in the Budget this week to hand hundreds of millions of pounds in tax incentives to small businesses. It was first reported last month that proposals had been drawn up to lift the cap on Enterprise Management Incentives (EMIs). The scheme allows smaller businesses to [...]