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chancellor

  • Autumn Budget: BrewDog boss issues £1bn warning to Rachel Reeves

    November 19, 2025

    The hospitality sector needs to sell almost one million extra pints every hour in order to cope with a £1bn cost surge thanks to Chancellor Rachel Reeves’ tax hikes, the chief executive of BrewDog has warned. James Taylor, who took on the job earlier this year, said Reeves needs to take ‘meaningful action’ because of [...]

  • Knife edge: Hospitality calls on government to serve up change

    November 19, 2025

    Industry insiders – from chefs to independent brands – are calling on the Chancellor to provide real support in next week’s Budget, writes Carys Sharkey “I’d rate it one out of 10. Frankly, it’s been negligible”.  Ask any chef across the country how they would rate this government’s support for the hospitality sector and you’ll [...]

  • Reeves’ Budget tax rumours threaten UK tech

    November 18, 2025

    The UK’s tech sector is facing a critical moment ahead of the Autumn Budget. Rumoured caps on salary sacrifice pensions, alongside potential property and wealth taxes, threaten to hit the very talent and investment needed to drive growth in the sector. At the same time, the country faces a widening tech skills gap, leaving businesses [...]

  • Rachel Reeves’s caution could prove as damaging as Liz Truss’s recklessness

    November 18, 2025

    Reeves is trying her best to avoid any comparisons to Truss's infamous mini-budget, but her excessive caution could prove just as damaging.

  • George Osborne surprise contender for HSBC chair post

    November 15, 2025

    Former Chancellor George Osborne has emerged as a surprise contender for chair of HSBC Holdings, one of the world’s top banking jobs. Osborne, who was chancellor from 2010 until 2016, was approached during the summer about becoming the successor to Sir Mark Tucker, according to Sky News. He is one of the three remaining candidates [...]

  • Reeves’ tax plans to push one in eight businesses overseas

    November 10, 2025

    One in eight small and medium-sized enterprise (SME) leaders in the UK are actively planning to relocate themselves, their businesses, or both, citing the current tax burden. This amounts to roughly 680,000 businesses out of the UK’s 5.67m SMEs, according to a new report by Rathbones. The findings come just weeks ahead of Rachel Reeves’ [...]

  • George Osborne: Income tax hike is ‘easier’ option for Reeves

    November 5, 2025

    Former Chancellor George Osborne has said that hiking one of the three main taxes which Labour said they would not raise – income tax rates, VAT and national insurance – would be the “easier” option for Rachel Reeves to add significant revenue.  In an appearance before the Treasury Select Committee alongside former business secretary Vince [...]

  • UK businesses shrug off Budget tax fears in push for growth

    November 5, 2025

    UK businesses enjoyed a boost in activity in October due to improved demand for good, a leading survey has indicated, in signs that the momentum in growth was growing ahead of the Budget.  S&P Global’s purchasing managers’ index (PMI) has offered the Chancellor and the Bank of England some positive relief ahead of crucial policy [...]

  • 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 [...]

  • Starmer reprimands Reeves for ‘inadvertent failure’ over rental licence mishap

    October 30, 2025

    Sir Keir Starmer has sent a sharply worded email to Rachel Reeves criticising the Chancellor for misleading suggestions that she did not know she needed a licence to rent out her family home. Reeves has had to backtrack from earlier suggestions that she and her husband had not been aware of the Southwark Council rental [...]

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