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Rachel Reeves

  • Global talent visa: The migrants the UK really wants

    September 30, 2025

    Keir Starmer’s great triumph – perhaps his only success – lies in his smart diplomacy with President Donald Trump. As Trump has moved to obliterate the world order, Starmer has made use of his soft spot for the UK. Now the Prime Minister is being urged to take advantage of Trump’s blind spot. In the [...]

  • Business sentiment sours as firms brace for tax hikes

    September 30, 2025

    Business sentiment slumped in September as firms were braced for a fresh round of tax hikes in the autumn Budget. Private sector confidence slipped from 54 per cent to 42 per cent, according to the Lloyds Business Barometer survey, data which is typically seen as more cheery than rival surveys. Economic optimism edged down for [...]

  • UK economy stalls in second quarter

    September 30, 2025

    The UK economy grew at a sluggish pace of 0.3 per cent in the second quarter of the year, official data has shown, another major setback for Chancellor Rachel Reeves’ as she hopes to oversee higher growth. The Office for National Statistics left its growth figure unchanged from a previous estimate as it confirmed its [...]

  • Rachel Reeves was overshadowed by her future self

    September 30, 2025

    The Chancellor’s speech yesterday was overshadowed by one she hasn’t yet delivered; that’ll be the Budget, on 26 November. The whole country knows that the November Budget is going to be painful, one way or another, and its inevitable constraints (in fact, just the timing of it) meant that Reeves wasn’t able to say much [...]

  • ‘It’s risky to be in the UK’ – Cleo founder on unicorn status and City regulation

    September 30, 2025

    Nine years ago entrepreneur Matt Clifford took a data scientist to a “terrible pub” to convince him to drop his PhD and create his own start-up. “You may as well just take the risk, the biggest risk is not taking the risk,” Clifford told a young Barney Hussey-Yeo. Almost a decade later in 2025, Hussey-Yeo [...]

  • Will we mourn the loss of WH Smith from the high street?

    September 29, 2025

    So long then, WH Smith, a firm which has graced our high streets for more than a century – even though it never intended to. Founded as a small newspaper kiosk in Mayfair in 1792, the business grew massively in the mid-19th century, spurred by the rapid expansion of the railways, which allowed consumers up [...]

  • Rachel Reeves warns ‘harder choices’ coming at Budget 

    September 29, 2025

    Chancellor Rachel Reeves has warned that her choices will be “harder” at this year’s Budget, with questions being raised on whether she will row back on Labour manifesto tax commitments to plug a £30bn shortfall. In a speech at the Labour Party conference, Reeves said that “harsh global headwinds” and the effects of her Tory [...]

  • Natwest chair: Rachel Reeves’ Budget must include radical tax reform

    September 29, 2025

    The chair of banking giant Natwest has called for Rachel Reeves to implement “radical tax reform” in her Autumn Budget. Rick Haythornthwaite has said a “bold long-term plan” to “kick-start growth” would reassure jittery bond markets and “deliver much-needed social benefits”. “This is the time for a 10-year programme of radical tax reform. Time for [...]

  • Instead of a taxi tax, Reeves should fix the absurd VAT system

    September 29, 2025

    Reeves’ tax grab on taxis highlights the absurdity of the VAT system and raises the question of whether VAT should be levied more consistently across goods and services, says Ben Ramanauskas It has been reported that Rachel Reeves will announce at the Budget that taxi journeys will be subject to VAT. This has drawn criticism [...]

  • We need more retail investors to get Britain growing, Rachel Reeves told

    September 29, 2025

    Chancellor Rachel Reeves has been told to introduce measures in the Autumn Budget which will encourage more people in the UK to become retail investors. Speaking on an up-coming episode of City AM‘s Boardroom Uncovered show, ClearScore CEO Justin Basini said that more people needed to be persuaded to start investing as a key way [...]

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