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Rachel Reeves

  • Brits insist on cash ISA safety net amid Treasury investment push

    November 12, 2025

    Millions of Brits refuse to invest in the stock market without a significant cash safety net amid growing speculation over a potential slash to the cash ISA ceiling. According to financial services platform Moneybox, 87 per cent of people insisted on having a substantial amount of cash before investing, confirming it made them more comfortable [...]

  • Three quarters of Brits think UK ‘heading in wrong direction’ as Budget looms

    November 12, 2025

    The UK is heading in the wrong direction, most Brits believe, in the latest sign of rising gloom about the state of the country’s economy.  A City AM/Freshwater Strategy poll has shown that 76 per cent of voters are pessimistic about the future of the country, the highest level of pessimism recorded since our polling [...]

  • If the Chancellor wants to save money she should look in her own backyard

    November 12, 2025

    Bureaucratic, process-obsessed and costly to take part in, public procurement exercises are often set up to fail before they even begin, says Joe Hill The Chancellor’s Budget this month is as high as the stakes can be for the government. It’s the defining test of how they balance competing goals to boost growth, spend on [...]

  • Brits don’t believe this is a country that rewards hard work

    November 12, 2025

    What conversations are you having at work, at home, in the pub? There’s plenty to talk about, from Traitors (BBC good?) to trust in public broadcasting (BBC bad?) to say nothing of football, Remembrance Day, the weather and Christmas. Looking beyond these topics, is it possible to discern the national mood? Do we feel that [...]

  • Autumn Budget: B&Q boss hands Reeves tool kit for growth

    November 12, 2025

    Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, the boss of retail stalwart B&Q warns truly fixing the foundations starts with building confidence. After Labour’s monumental 2024 general election sweep, Chancellor Rachel Reeves seized her economic tool kit, telling Britons she was “fixing [...]

  • Autumn Budget: How could Rachel Reeves change dividend tax rules?

    November 11, 2025

    The Treasury has reportedly turned its attention to dividends as part of its efforts to fill up the public coffers in this month’s Budget. Chancellor Rachel Reeves is considering raising dividend taxes on 26 November, a move that could potentially raise £1.5bn according to the Resolution Foundation think tank. The speculation comes as the Treasury [...]

  • Will rich New Yorkers flee to London to escape Mayor Mamdani?

    November 11, 2025

    In a rare reversal of the slow march of UK wealth towards the US – from entrepreneurs upping sticks to companies switching listings – New York City’s incoming hard-left mayor looks set to nudge some of the city’s richest towards London.  American arrivals into the UK could soon be made up of an unlikely coalition [...]

  • UK banks send regulation warning as private credit threat rises

    November 11, 2025

    Top bosses of UK banks have fired a warning shot over the country’s status as a competitive financial hub as the government’s efforts to overhaul regulation risk missing the mark. Michael Roberts, the top boss of HSBC Bank and chief of corporate and institutional banking, told lawmakers on Tuesday the Treasury’s deregulation work was a [...]

  • Oxford Instruments shares rally despite early profit disruption

    November 11, 2025

    Manufacturing and research company Oxford Instruments has seen its shares rocket despite a steep fall in profits during the first half of the year. The group’s stock rallied 9.93 per cent in early morning trading to 1,970, as the group confirmed it was beginning to recover from “significant disruption” in the early months of the [...]

  • Unemployment rate surges to 5 per cent

    November 11, 2025

    The UK unemployment rate has surged to a post-pandemic high in further signs the jobs market has struggled to bounce back, amid interest rate cuts and adjustments to last year’s tax raid on employers.  The Office for National Statistics (ONS) said the unemployment rate had hit 5 per cent as there were 32,000 fewer payrolled [...]

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