Manufacturers urge government to ‘get growth off the floor’ at Budget November 4, 2025 The manufacturing industry has warned the government to prioritise growth in the Budget as the sector fights back from a year-long downturn in the face of “existential threats.” Manufacturers have faced mounting pressures over the last 12 months as business costs soared in the aftermath of Labour’s first Budget before tariff uncertainty and persistently high [...]
Reeves’ Budget tax hikes force nearly 5,000 pubs to the brink November 3, 2025 The tax hikes announced by Chancellor Rachel Reeves in last year’s Budget have contributed to almost 5,000 pubs now being rated at maximum risk and becoming technically insolvent, according to new research. Figures from Price Bailey have revealed that just over 4,7000 pubs are now in that position, a 14 per cent rise on this [...]
Rachel Reeves considers income tax hike and national insurance cut October 30, 2025 Chancellor Rachel Reeves is eyeing up a simultaneous 2p hike to income tax and 2p cut to national insurance, it has been reported, in an effort to raise some £6bn. Reeves is considering the controversial tax hike, according to The Telegraph, which would breach the Labour Party manifesto and risk infuriating voters. It would also [...]
Business owners still plan staff cuts due to last year’s NICs raid October 30, 2025 Nearly half of business owners are still planning to reduce headcounts in response to Chancellor Rachel Reeves’ £25bn tax hike on employers’ national insurance contributions (NICs), a new survey has indicated, pointing to the long-lasting economic effects of a brutal tax raid in her first Budget. Reeves made sweeping tax hikes last year to fund [...]
Autumn Budget: Reeves told avoid ‘pick and mix’ tax grabs October 23, 2025 Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, the managing director of TheCityUK warns Reeves not to patch up the tax tire just for it to deflate once more. The Chancellor has touted financial and professional services for their role “at the [...]
These are the taxes Reeves will raise at the Budget October 23, 2025 There won’t be many rabbits out of Reeves’ hat at the upcoming Budget but here’s what to expect: gambling taxes, windfall taxes and an income tax national insurance swap, says Tim Sarson I remember the good old days of Budget predictions. We used to get our thinking caps on about a fortnight before the event, [...]
Virgin Wines blames government for inflationary cost pressures October 22, 2025 Virgin Wines has said most of its cost pressures this year have been driven by government policy, including an alcohol duty revamp and a bottle tax. The online wine seller told markets that profit before tax dipped by five per cent to £1.6m in the 2025 financial year, despite flat revenue. CEO Jay Wright pointed [...]
Rachel Reeves plans another NIC tax raid at November Budget October 21, 2025 Rachel Reeves is gearing up for another billion-pound raid on National Insurance Contributions (NICs) as the Chancellor finds ways to plug a huge fiscal black hole in November’s Budget. Reeves is understood to be drawing up plans to extend NICs taxes to include limited liability partnerships or LLPs, to whom the tax does not currently [...]
Spike in employer pension contributions could throw UK businesses into insolvency October 21, 2025 Rumours over potential spikes to employer pension contributions in the upcoming Budget has thrown UK companies into a frenzy, with some admitting it could put them at risk of insolvency. According to research from consultancy Barnett Waddingham, nearly 20 per cent of businesses fear they could become insolvent if an increase to employer pension contributions [...]
Leading economist slams ‘myth’ that landlords are under-taxed October 15, 2025 Tax hikes for landlords will be damaging to the economy and are based on a lack of understanding about investors, according to a leading economist. Paul Johnson, the former head of the Institute for Fiscal Studies, said that the UK “need[s] to think very carefully about how to tax housing and how to tax rental [...]