Labour to spend £10m on tackling EV charging blackspots November 3, 2025 The government has unveiled a £10m fund to help expand England’s electric vehicle (EV) charging network, targeting grid-constrained sites on motorways and major A-roads where power access has slowed progress. The funding will support projects that allow chargers to run off-grid or with minimal grid connection, using renewable energy and battery storage to deliver ultra-rapid [...]
Rachel Reeves’ banking reforms ‘unlikely to be transformative’ November 3, 2025 Rachel Reeves’ financial services growth mission faces a major blow with top City voices warning her regulatory reforms won’t be transformative. The Chancellor unveiled her Leeds Reform package intended to “rewire the financial services industry” in July this year. Whilst the moves were cheered by industry bigwigs, analysts have raised concerns the changes will fail [...]
Autumn Budget could ‘exacerbate’ manufacturing challenges November 3, 2025 Fears that the UK manufacturing industry’s recovery could be “short-lived” have jumped as firms brace for a painful Autumn Budget. The latest S&P Global’s manufacturing Purchasing Managers’ Index (PMI) edged up to 49.7 in October, marking a 12-month high for the sector. But this remained stubbornly below the all-important 50.0 threshold, which indicates whether a [...]
Rachel Reeves considering ‘exit tax’ on wealthy Brits fleeing the UK November 3, 2025 Rachel Reeves is looking at a tax on wealthy Brits leaving the UK and a mansion tax, as last ditch levers to pull ahead of the Budget. The Times reported on a possible 20 per cent “settling-up charge” on business assets, which is the rate of Capital Gains Tax (CGT). It is thought that the [...]
UK unemployment rate to hit 5 per cent next year, EY predicts November 3, 2025 The UK’s unemployment rate is set to rise to five per cent in the beginning of next year before falling back, a leading forecaster has said. In its latest update on forecasts for UK growth, EY ITEM Club has suggested that the UK jobs market is set to see a further decline in the next [...]
Londoners race to invest as the rest of the country falls behind October 31, 2025 Londoners are gearing up to invest in the stock market in 2026 but the rest of the country is failing to shift away from cash savings. According to fresh research from wealth manager Stratiphy, nearly 70 per cent of Londoners are planning on investing in the next 12 months, in a bid to secure higher [...]
Labour ploughs ahead with higher welfare spending October 31, 2025 The Labour government is backing higher welfare spending projections for the next five years, with plans to partially lift the two-child benefit cap set to add to the strain on public finances. An official statement from the government confirmed that the government would ditch planned savings to disability payments, which are formally known as personal [...]
Labour’s evidence-free approach to policy is baffling October 31, 2025 Keir Starmer is often criticised for lacking an ideology, but his actions suggest a pathological belief in in restricting personal freedoms, impoverishing strivers and narrowing horizons of young people. Or socialism, for short, says James Price A catchphrase I’m fond of reciting is that the best way to make God laugh is to tell Him [...]
Will the Autumn Budget push up inflation? October 30, 2025 For a few weeks, there was one thing Rachel Reeves appeared to speak about more than anything else: inflation. Earlier this month, the Office for National Statistics (ONS) confirmed inflation hit 3.8 per cent in the year to September, nearly double the Bank of England’s target rate. The IMF and the OECD said the UK [...]
Reeves may be forced to pay back £38,000 in rent after breach of housing rules October 30, 2025 Rachel Reeves may be forced to pay back tens of thousands in rent to her tenants after leasing her Southwark home without a license. Southwark’s rules on housing allow tenants to claim up to 12 months of rent if they’re a tenant of an unlicensed property. Given that Reeves has been renting out her £3,200-a-month [...]