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Rachel Reeves

  • Autumn Budget: Reeves pledges local NHS care and £300m tech boost

    November 26, 2025

    Rachel Reeves today unveiled a major NHS shake-up in her Autumn Budget, promising faster, local treatment and a tech-driven productivity boost. “We will renew our national health service”, Reeves claimed, highlighting a dual approach aimed at cutting waiting times while modernising frontline services. At the centre of the plan are 250 new Neighbourhood Health Centres, [...]

  • OBR warns Budget leaves UK ‘vulnerable’ as tax burden hits all-time high

    November 26, 2025

    The UK’s public finances have been left in a vulnerable position, the UK’s fiscal watchdog has warned in a damning verdict of Rachel Reeves’ Budget. In a report accidentally published before the Budget was announced, the Office for Budget Responsibility said Reeves’ spending plans leave the UK spending more on debt interest than at almost [...]

  • Reeves’ income tax decision to hit wealth creators, warns Castore CEO

    November 26, 2025

    The co-founder of sportswear brand Castore has hit out at Chancellor Rachel Reeves for freezing income tax thresholds as a “way of delaying the inevitable impact for entrepreneurs and wealth creators”. Tom Beahon, who leads the Manchester-headquartered company alongside his brother, added that “you can’t build a growth economy by disincentivising risk taking”. Announced in [...]

  • Autumn Budget: Cash ISA tax free allowance slashed to £12,000

    November 26, 2025

    In a major policy shakeup, Chancellor Rachel Reeves has confirmed a slash to the cash ISA ceiling but over 65s will retain the full allowance. After weeks of speculation, Reeves confirmed the ceiling will be cut from £20,000 to £12,000 as of April 2027, as part of her bid to stop people from hoarding cash [...]

  • WATCH LIVE: City AM reacts to the Budget

    November 26, 2025

    After months of speculation and mounting political drama, Rachel Reeves has delivered her second Budget. City AM‘s team has all the latest news throughout the day on our Live Blog via CityAM.com and the City AM App, along with a special livestream broadcast from the heart of the Square Mile at 2pm. Broadcasting live from the London Stock Exchange, City AM‘s Editor [...]

  • Autumn Budget: Reeves launches stamp duty holiday for new listings

    November 26, 2025

    Chancellor Rachel Reeves has launched a three-year stamp duty holiday for new debut companies on the London market in her latest attempt to attract listing candidates.  The Treasury’s new plans, announced as part of today’s Autumn Budget, will drop the 0.5 per cent rate paid by investors when purchasing shares in newly listed companies for [...]

  • Autumn Budget: Dividends set to be subject to tax hike

    November 26, 2025

    Dividends are set for a tax hike next year, in a move that could potentially push people away from investing in the stock market. Individuals who take dividends from a company or who earn dividends from shares pay different tax rates according to the income tax band they fall under. From April 2026, a two [...]

  • OBR accidentally publishes full Budget before Reeves speech

    November 26, 2025

    The government will freeze income tax thresholds, implement a mansion tax and freeze fuel duty according to an unprecedented leak from the government’s fiscal watchdog that revealed its full scorecard for the Budget update before the Chancellor delivered her speech. The Office for Budget Responsibility released its full report on the government’s fiscal plans for [...]

  • Budget: Stealth tax raid making some earners £3,800 worse off 

    November 26, 2025

    Freezing income tax thresholds is set to make a worker earning the median wage as much as £2,310 worse off had the measure never been introduced as Chancellor Rachel Reeves looks set to unleash a stealth tax raid at the Autumn Budget. Analysis by Quilter has revealed that extending the current freeze alone will add an [...]

  • It’s not what you invent, it’s how you share it

    November 26, 2025

    The UK’s focus on frontier innovation overlooks the critical need for a nationwide technology diffusion system enabling businesses adopt productivity-boosting technologies and revive economic growth A key but often overlooked feature of Britain’s Industrial Revolution is the web of institutions, incentives and skills that turned invention into innovation. For every James Watt refining the steam [...]

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