Higher earners to ‘pay thousands more’ in Reeves’ income tax raid November 7, 2025 Brits earning more than £75,000 could pay thousands of pounds more in tax should Rachel Reeves raises income taxes by 2p while cutting national insurance by the same percentage for those earning under £50,000. The Chancellor warned Brits that everyone will have to “contribute” to her Budget plans earlier this week, which has been interpreted [...]
If Reeves can’t cut tax, she could at least make it more competitive November 7, 2025 The UK ranks 32 out of 38 OECD countries for tax competitiveness. Reeves must not make it worse at the upcoming Budget, says Sophie Dworetzsky As the forthcoming Budget is less than a month away, speculation as to what personal tax changes – and rises – it may bring, is becoming ever more intense. With [...]
UK businesses accelerate layoffs amid AI surge and legislative uncertainty November 6, 2025 The number of proposed mass dismissal programmes in the UK has risen by five per cent in the last year, driven by the ongoing Employment Rights Bill and the increasing adoption of AI. The number of proposed mass dismissal programmes rose to 3,715 in 2024/25, up from 3,546 in the previous year, according to data [...]
Rachel Reeves must resign if she hikes income tax November 6, 2025 Exactly a year ago today, which was exactly a week after Rachel Reeves’ first Budget – I wrote that the Chancellor’s policies would give Brits the hangover from hell. So, one year on, how are you feeling? My reference to a hangover was inspired by the government’s absurd post-Budget boast that they’d taken a penny [...]
Business chiefs tell Reeves to make ‘unpopular’ tax decision November 6, 2025 Business chiefs have urged Rachel Reeves to take a bolder approach at the Budget and consider “unpopular” decisions to break Labour Party manifesto commitments. Members across the Confederation of British Industry (CBI), one of the UK’s largest industry groups, have urged the Chancellor to focus on boosting investment and productivity for the long-haul. Business leaders [...]
Reeves may reassure the markets, but her political future is at risk November 6, 2025 Reeves’ speech was intended to steady nerves but instead will ignite the internal struggle that defines Labour’s next phase in power, says Helen Thomas With just over three weeks to go until the Budget, Chancellor Rachel Reeves has decided she can’t wait any longer. The pitch has to be rolled, the ground prepared, and the [...]
Pub closures reach new high as hospitality braces for Budget November 6, 2025 Pubs and bars are closing at the fastest rate seen this century, fresh City AM analysis has found, as rising costs squeeze many in the hospitality sector to the point of collapse. The number of British pubs and bar businesses appointing liquidators or administrators surged to 449 in the first 10 months of the year, [...]
UK faces ‘urgent crisis’ on workplace sickness, review says November 5, 2025 The UK is facing a “quiet but urgent crisis” on workplace sickness that costs the country around seven per cent of GDP each year, a review by former John Lewis boss Sir Charlie Mayfield has found. The Keep Britain Working Review, an independent report by Mayfield for the Department for Work and Pensions (DWP) and [...]
Reeves’ deregulation agenda won’t help growth this parliament, economist warns November 5, 2025 Rachel Reeves’ deregulation agenda is unlikely to make any improvement to economic growth before the end of this parliament, a leading economist has warned, in the latest sign the government’s growth mission is running out of steam. Professor Stephen Millard, Deputy Director of the National Institute for Social and Economic Research (NIESR) said it would [...]
Rachel Reeves blames everyone – apart from herself November 5, 2025 The Chancellor’s speech yesterday was really very odd indeed. It benefited from all the gravitas of a Downing Street address to the nation, but was remarkably thin on substance. She created an atmosphere of high drama but left her audience with nothing but questions to which she was unable or unwilling to provide an answer. [...]