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October Budget

  • Healey urged to drop ‘death tax’ holding back family businesses

    September 14, 2026

    John Healey has been urged to drop a so-called “death tax” which business leaders say means family firms are losing out to overseas investors.  The Chancellor has been told to unwind sweeping reforms to inheritance tax, made by his predecessor Rachel Reeves, which family businesses say undermine the government’s attempts to drive economic growth through [...]

  • Business confidence hits two-year high ahead of Budget

    September 6, 2026

    Business confidence has risen to a near-two-year high as the output of UK firms grows despite the looming October Budget.  The optimism of British firms has reached its highest level since just before the 2024 Autumn Budget, according to advisory firm BDO.  Its business optimism index jumped to 94.22 in August, fuelled by a strong [...]

  • Britain ‘taxing itself to death,’ Burnham warned

    September 6, 2026

    One of the US’ leading economists has warned Andy Burnham that Britain is “taxing itself to death” in a major intervention ahead of the October Budget.  Arthur Laffer, a former economic adviser to three presidents, has warned that the UK is in a “death spiral” ahead of his visit to the country.  He wrote in [...]

  • Retailers urge Healey to unwind national insurance hike to boost jobs

    September 3, 2026

    Retailers have called on Chancellor John Healey to unwind some of the national insurance reforms made by his predecessor in a bid to tackle the youth joblessness crisis.  The British Retail Consortium (BRC), which represents retailers including Tesco, Sainsbury’s and Marks & Spencer, has written to the Chancellor, urging him to unwind “soaring employment costs”.  [...]

  • Tesco and M&S warn Burnham against Budget tax raid on retailers

    September 1, 2026

    Top supermarkets including Tesco, Sainsbury’s and Marks & Spencer have urged Andy Burnham to rule out a Budget tax raid on retailers, warning they are already facing “unsustainable” costs.  The Retail Jobs Alliance (RJA), which represents retailers employing more than 1m people, has urged the Prime Minister not to prioritise pubs and bars over high [...]

  • House prices remain sluggish in ‘subdued’ property market 

    September 1, 2026

    House prices continued their sluggish run in August, gaining just 0.2 per cent on the previous month, as uncertainty caused by the Iran war and the upcoming Budget in October weigh on the market.  The average UK house price grew by 1.6 per cent to £275,465 in the year to August, marking a slight improvement [...]

  • October Budget could be a ‘tipping point,’ Asda boss warns Burnham

    August 28, 2026

    Andy Burnham’s first Budget in October could be a “tipping point” for British businesses and the economy, the chair of supermarket giant Asda has warned.  Allan Leighton, who is attempting to push through a turnaround of the grocer, said it is “too early to tell” whether the government is committed to halting the rise of [...]

  • Assets at Evelyn Partners hit a record high amid tax raid speculation

    August 29, 2025

    Evelyn Partners has maintained its run of strong inflows, as speculation about pension changes drives customers to seek wealth management advice. The wealth management firm generated £3.7bn of gross inflows in the first half of the year, a seven per cent jump from the £3.5bn recorded in 2024. Assets under management (AUM) reached a record [...]

  • Rachel Reeves told to ‘get out of the way’ ahead of Autumn Budget

    August 13, 2025

    Chancellor Rachel Reeves has been told to “let businesses get on with it and get out of the way” ahead of delivering her second Autumn Budget in the coming months. A group of 1,500 private business leaders surveyed by KPMG said the Chancellor should focus on promoting higher wages and lower costs for companies. They [...]

  • Labour business conference with Reeves and Reynolds postponed following low demand

    June 4, 2025

    Labour has put its £5,000-a-ticket business conference with planned appearances from Rachel Reeves and Jonathan Reynolds on ice, with the Financial Times reporting low demand for the enterprise event. Invitations to the event, seen by the FT, had touted a “first of its kind” agenda which would give industry figures a “unique opportunity to engage [...]

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