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Reeves

  • 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 [...]

  • Public sector pay outpaces private amid Budget pressures 

    October 14, 2025

    Public sector pay has outstripped private sector pay on an annual basis, according to new official data, with the added pressures on public finances set to force Chancellor Rachel Reeves to hike taxes at the Budget.  The Office for National Statistics (ONS) said annual average regular earnings growth was 4.4 per cent for the private [...]

  • Why don’t London’s luxury hotels make any money?

    October 13, 2025

    London is home to some of the most iconic and well-known luxury hotels in the world. The Savoy, the Ritz, The Dorchester and Claridge’s, to name just a few, are renowned the world over and have played host to the ultra wealth, celebrities and royalty. Also appearing in a string of popular films, London’s luxury [...]

  • Rachel Reeves urged to levy one-off wealth tax

    October 13, 2025

    Researchers say Rachel Reeves should introduce a one-off wealth tax to avoid the “direct disincentive” of an annual levy. But the Chancellor risks wreaking havoc on the UK economy unless she breaks Labour manifesto commitments and introduces vast reforms to the wider tax system, according to a report by the Institute for Fiscal Studies (IFS). [...]

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