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Reeves

  • Reeves’ Budget tax hikes force nearly 5,000 pubs to the brink

    November 3, 2025

    The tax hikes announced by Chancellor Rachel Reeves in last year’s Budget have contributed to almost 5,000 pubs now being rated at maximum risk and becoming technically insolvent, according to new research. Figures from Price Bailey have revealed that just over 4,7000 pubs are now in that position, a 14 per cent rise on this [...]

  • The Entertainer makes huge loss as Reeves’ Budget forces job cuts

    November 3, 2025

    The Entertainer made a raft of redundancies as a result of Chancellor Rachel Reeves’ first Autumn Budget as it fell into the red during its latest financial year, it has been revealed. Teal Group Holdings, which also includes Early Learning Centre and Addo Play, cut 41 jobs and withdraw 15 other roles which were being [...]

  • Starmer reprimands Reeves for ‘inadvertent failure’ over rental licence mishap

    October 30, 2025

    Sir Keir Starmer has sent a sharply worded email to Rachel Reeves criticising the Chancellor for misleading suggestions that she did not know she needed a licence to rent out her family home. Reeves has had to backtrack from earlier suggestions that she and her husband had not been aware of the Southwark Council rental [...]

  • Street food vendors face confidence crisis ahead of Budget

    October 28, 2025

    Grassroots vendors are rapidly losing confidence in their future ahead of the Autumn Budget, according to new data. Just one per cent of respondents in a new hospitality survey described the UK street food sector as having a strong, viable future, according to independent hospitality group Kerb. “There’s a clear message here for the government,” [...]

  • Autumn Budget: Reeves told avoid ‘pick and mix’ tax grabs

    October 23, 2025

    Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, the managing director of TheCityUK warns Reeves not to patch up the tax tire just for it to deflate once more. The Chancellor has touted financial and professional services for their role “at the [...]

  • Britain needs to ‘encourage enterprising entrepreneurs’ to kick-start economy

    October 22, 2025

    Britain “needs to be a nation of shopkeepers once again” and “encourage enterprising entrepreneurs” to boost its economic prosperity, the chief executive of recruitment giant Reed has said. Speaking on an up-coming episode of City AM‘s Boardroom Uncovered podcast, James Reed said if he was Prime Minister for the day, he’d “make Britain a destination [...]

  • L&G: FTSE 100 giant reveals £2bn plan to create 24,000 jobs

    October 20, 2025

    FTSE 100 giant Legal & General (L&G) has revealed plans to invest £2bn in regeneration projects across the UK in a move which it said will create around 24,000 jobs. The group said it would invest into ‘productive assets’ such as infrastructure, affordable housing and urban regeneration between now and 2030. L&G added that it [...]

  • Rachel Reeves: Higher taxes on wealthy ‘part of story’ for Budget

    October 16, 2025

    Rachel Reeves has confirmed a tax grab on the UK’s wealthy will be “part of the story” for her forthcoming Autumn Budget as she dismissed critics who fear an exodus from the nation’s richest.  The Chancellor has faced rallying calls to launch a cash grab on the wealthy as she looks to strum up funds [...]

  • Autumn Budget: Reeves must focus on growth, not ‘gimmicks’

    October 16, 2025

    Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, the chief executive of founders club Helm calls for bold innovation policies took take centre stage. Chancellor Rachel Reeves should use her second Autumn Budget to make bolder swings for the UK’s innovation economy [...]

  • Rachel Reeves told to scrap business rates for new profit tax in Budget

    October 14, 2025

    A City accountancy firm has called on Chancellor Rachel Reeves to scrap business rates in her Autumn Budget and replace them with a new profit tax. Lubbock Fine said business rates, which have been the topic of much lobbying in recent weeks, should make way for a variable local tax on profits. The firm said [...]

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