Susannah Streeter: investors are bracing for tax rises Opinion The Notebook, where the City’s movers and shakers have their say. Today financial commentator Susannah Streeter takes the pen Usually, at this time of year we would be enjoying Médoc’s beautiful beaches, looking forward to long lunches, endless stretches of Atlantic coastline and enjoying the region’s famous wine as the sun sets. But the devastating [...]
What are we to make of John Healey? Time will tell. Economics Who exactly is in charge of this government’s economic policy? In a bid to find out, I’ve tasked two of our journalists to hit the phones, mooch around the bars of Whitehall and track down Westminster’s new power brokers. I’ll let you know what we find out, but he fact that the answer to this [...]
Healey announces early Budget Politics John Healey has confirmed he will deliver his first Budget on 28 October as he pledged to “shift power and money out of Westminster”. The Chancellor said on Friday that his first fiscal statement would “back Britain’s communities” setting the stage for a Budget that economists have predicted will be the country’s third in a [...]
James Reed: My advice for Andy Burnham on his big promotion July 29, 2026 James Reed, whose worked in recruitment for over three decades, shares his three tips for Andy Burnham on starting his big new job Having worked in recruitment for over 30 years, I am often asked for my advice on starting a big new job. They don’t come much bigger – or more scrutinised – than [...]
Andy Burnham will find there is a limit to tax rises July 28, 2026 Since tax increases are constrained by adverse behavioral responses and public resistance, the government must prioritise improving long-stagnant public sector efficiency, says Paul Ormerod A brand new Cabinet is in place, with ministers eager to introduce new spending plans to demonstrate that they are making an impact. To pay for these, a range of potential [...]
Heathrow boss warns Burnham against Budget raid after hub’s tax bill doubles July 24, 2026 The boss of Heathrow has warned Andy Burnham against using business as a cash cow at his maiden Budget this autumn, after the airport’s tax bill more than doubled in the space of a year. Thomas Woldbye said the aviation sector is one of the most heavily taxed industries in Britain, and that uptick in [...]
Jefferies: Starmer unlikely to be in office by July February 17, 2026 Sir Keir Starmer is likely to be ousted from office before the end of July, according to a top investment bank which warned that irrespective of whether there’s a change in leadership the Labour party is likely to lurch leftwards on economic policy. Analysts at Jefferies said the Prime Minister had been left vulnerable by [...]
What does the Budget mean for you? November 26, 2025 Rachel Reeves’ second Budget has been the most closely watched in recent memory, with media briefings and soundings on all sides. Rachel Reeves has raised taxes by £26bn in her second Budget, which follows on from last year’s £40bn. They will go up to well over 38 per cent of GDP by 2030, the OBR [...]
Budget: Income tax thresholds frozen by Rachel Reeves November 26, 2025 Income tax thresholds will be frozen until the end of the decade, despite the Chancellor previously branding the tax trick as a “stealth tax” tantamount to “pickpocketing”from working people. According to the OBR’s unprecedented leak of Budget contents, the Chancellor chose to freeze the bands at which different rates of income tax are introduced for [...]
Bond market braces for gilt and sterling tremors November 26, 2025 Bond market participants are bracing for a fresh round of turbulence in the aftermath of Wednesday’s Budget, with investors rejigging their exposure to gilts having warned the Chancellor’s fiscal plans are “very much under the microscope”. Rachel Reeves is expected to use her second major fiscal shake-up mount a historic tax and spend consolidation in [...]