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      City watchdog ‘stands ready’ to act on bank windfall tax Budget leak

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Keir Starmer

  • Everything we know about Rachel Reeves’ Budget – from mansions to milkshakes

    November 24, 2025

    In the run-up to the mother of all Autumn Budgets to be delivered by Chancellor Rachel Reeves this week, tax rumours have run wild, infecting the minds of businesses and working Brits while adding to the sense of peril that a botched fiscal event could bring. Investors are running scared. Voters fear looming betrayal. Gamblers [...]

  • Polanski ‘tempted’ to challenge Starmer for parliamentary seat

    November 23, 2025

    Zack Polanski has said it would be “tempting” to challenge Keir Starmer for his parliamentary seat. Green Party leader Polanski, who is a member of the London Assembly but not an MP, was asked about a poll that suggested his party could take the Prime Minister’s Holborn and St Pancras seat and whether he would [...]

  • Reeves accused of ‘fiscal fandango’ amid OBR forecast changes

    November 23, 2025

    The Bank of England’s former chief economist Andy Haldane has accused Rachel Reeves of overseeing “fiscal fandango” in the lead-up to the Budget amid months of speculation around expected tax rises.  Speaking to the BBC, Haldane blasted months of speculation around the Budget that had caused “paralysis” in the UK economy.  His comments came days [...]

  • UK economy flatlines in November as Labour growth push fails

    November 21, 2025

    The UK economy flatlined in November, researchers have suggested, as pre-Budget nerves have hit growth across the private sector.  S&P Global’s initial estimate for its purchasing managers’ index (PMI) has shown the UK economy just inching up, with firms pausing orders and investment plans before Chancellor Rachel Reeves announces sweeping tax hikes and possible spending [...]

  • PM set to formally approve new Chinese embassy 

    November 21, 2025

    Sir Keir Starmer is expected to give his formal seal of approval to a controversial new Chinese mega-embassy at Royal Mint Court, with the backing of the security services.  According to a report in The Times, the approval is set to be a ‘formality’. The Home Office and Foreign Office – and, by extension, MI5 [...]

  • UK government borrowing overshoots in Budget blow

    November 21, 2025

    UK government borrowing exceeded expectations in October, with benefits and public sector wages intensifying pressures on the public purse ahead of Rachel Reeves’ Budget next Wednesday.  The Office for National Statistics showed that public sector net borrowing had reached £17.4bn in the last set of public finances data that government officials will see before Wednesday’s [...]

  • UK founders slam Labour as “anti-business”

    November 20, 2025

    UK founders are increasingly losing confidence in Labour’s approach to businesses, as they brace for potential tax rises in the upcoming Autumn Budget. According to the latest survey from entrepreneur network Helm – whose members oversee more than £8bn in annual revenue – over 60 per cent of founders hailed the government as “anti-business” with [...]

  • Budget chaos isn’t a game, it’s caused real harm

    November 20, 2025

    It’s been the longest run-up to a Budget anyone can remember, it started just after the last Budget, so how much damage has this chaos caused? In her first speech as Chancellor in the first week of July last year, Rachel Reeves used the word stability 8 times.  She pledged to “deliver economic stability” and [...]

  • OBR questioned on Reeves’ flip-flopping and forecast changes

    November 20, 2025

    The Office for Budget Responsibility (OBR)’s chief has been questioned on whether he dramatically upgraded forecasts midway through the Chancellor’s Budget planning, affording Rachel Reeves as much as a £10bn swing in headroom projections and allowing her to abandon plans to raise income taxes. Shadow Chancellor Mel Stride has written to Richard Hughes, chair of [...]

  • Andy Burnham makes £1bn challenge to Starmer and Reeves before the Budget

    November 20, 2025

    Andy Burnham has revealed a £1bn growth plan for Manchester in a move which could be seen as a direct challenge to both Prime Minister Sir Keir Starmer and Chancellor Rachel Reeves less than a week before the Budget. The Mayor of Greater Manchester has touted the proposals as a way to “pioneer a new [...]

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