‘Reckless and self-defeating’: Leading wealth manager slams possible exit tax November 9, 2025 The head of a leading financial advisory and wealth management firm has slammed plans to impose an exit tax on wealthy Brits fleeing the UK, arguing it would leave lasting damage on the country. Reeves is reportedly looking at a possible 20 per cent “settling-up charge” on business assets, which is the rate of Capital [...]
Reeves eyes clampdown on salary sacrifice in latest stealth tax on high earners November 8, 2025 Rachel Reeves is preparing to tighten the rules on salary sacrifice schemes in what would amount to a stealth tax raid on pension savings, as the chancellor searches for ways to fill a yawning £30bn black hole in public finances. Reeves will use her November Budget to cap the amount that workers can pay into [...]
Labour doesn’t understand what Britain is missing November 7, 2025 Britain does not suffer from too much ambition, but from too little encouragement – and that taxing aspiration will only make that worse, says Brandon Lewis It’s difficult to remember a time when a sitting British government decided to trail a new Budget in the press for over 11 weeks. Yet here we are, with [...]
Pensions, motorists and workers: The tax targets Rachel Reeves is eyeing up November 7, 2025 If there is one thing that is clear three weeks out from the Autumn Budget, it is that Chancellor Rachel Reeves will hike taxes. The Office for Budget Responsibility (OBR), which scores the economic impacts of the government’s policies and publishes forecasts on public finances, has been questioned for being over optimistic on measures such [...]
UK house prices rise at fastest rate since January November 7, 2025 UK house prices edged higher in October, rising at the fastest pace since January as buyer demand remained high despite market uncertainty. Prices increased by 0.6 per cent last month, marking the fourth time in five months the average price has increased, following a sharp 0.3 per cent drop in September, according to the latest [...]
Rachel Reeves cools on big cash ISA reforms November 7, 2025 Chancellor Rachel Reeves is expected to make a smaller cut to the cash ISA allowance after heavy lobbying from building societies, it has been reported. Rumours have swirled that the £20,000 allowance on cash ISAs could be stripped down to as much as £10,000 as part of an effort to make more Brits invest in [...]
Tax row erupts as Reeves tells watchdog she will break manifesto November 7, 2025 The Labour government is split in a fresh tax row after Rachel Reeves reportedly told the fiscal watchdog she will raise income tax in her forthcoming Autumn Budget – a move that will break a key manifesto pledge. The Chancellor is said to have informed the Office for Budget Responsibility that an increase to income [...]
Higher earners to ‘pay thousands more’ in Reeves’ income tax raid November 7, 2025 Brits earning more than £75,000 could pay thousands of pounds more in tax should Rachel Reeves raises income taxes by 2p while cutting national insurance by the same percentage for those earning under £50,000. The Chancellor warned Brits that everyone will have to “contribute” to her Budget plans earlier this week, which has been interpreted [...]
Reeves has learned nothing from her last Budget November 7, 2025 Amidst market uncertainty caused by her delayed and vague budget “context” speech, Chancellor Rachel Reeves is now expected to introduce a raft of significant tax increases on income, property, and businesses to address a national debt she helped exacerbate, says Jamila Robertson This week, Chancellor Rachel Reeves delivered a speech to set the context for [...]
If Reeves can’t cut tax, she could at least make it more competitive November 7, 2025 The UK ranks 32 out of 38 OECD countries for tax competitiveness. Reeves must not make it worse at the upcoming Budget, says Sophie Dworetzsky As the forthcoming Budget is less than a month away, speculation as to what personal tax changes – and rises – it may bring, is becoming ever more intense. With [...]