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tax rises

  • 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 [...]

  • Rachel Reeves must resign if she hikes income tax

    November 6, 2025

    Exactly a year ago today, which was exactly a week after Rachel Reeves’ first Budget – I wrote that the Chancellor’s policies would give Brits the hangover from hell. So, one year on, how are you feeling? My reference to a hangover was inspired by the government’s absurd post-Budget boast that they’d taken a penny [...]

  • UK tech founders warn Reeves her Budget could derail London IPO plans

    November 6, 2025

    Executives from some of Britain’s most valuable technology start-ups have warned Rachel Reeves that proposed tax measures in this month’s budget could force them to abandon London listing plans. According to Sky News, a letter was sent this week by companies like Revolut and Clearscore, urging the Treasury not to impose an exit tax on [...]

  • Rachel Reeves blames everyone – apart from herself

    November 5, 2025

    The Chancellor’s speech yesterday was really very odd indeed. It benefited from all the gravitas of a Downing Street address to the nation, but was remarkably thin on substance. She created an atmosphere of high drama but left her audience with nothing but questions to which she was unable or unwilling to provide an answer. [...]

  • Exclusive: Reeves risks Black Market Britain with gambling tax hike

    October 27, 2025

    Chancellor Rachel Reeves risks creating “Black Market Britain” if next month’s Budget sees significant tax raids on the gambling sector. Industry insiders have warned of the potentially catastrophic impact on bookmakers and gambling firms if levies on betting and online slot machines are hiked in line with recommendations by former Prime Minister Gordon Brown. The [...]

  • Rishi Sunak: Tax rises at Autumn budget would crush confidence

    October 26, 2025

    Former Prime Minister Rishi Sunak has warned Chancellor Rachel Reeves that she must cut spending at the next budget or risk economic disaster. Writing in his inaugural column for the Sunday Times, Sunak said that Reeves faces a “simple choice: spending cuts or tax rises.” “If the chancellor opts for the latter, it will crush [...]

  • Premier Inn owner warns of ‘mounting pressure’ of tax rises before Budget

    October 16, 2025

    Whitbred, the owner of Premier Inn, has warned that tax rises are becoming more likely and could pose a serious risk to the UK’s hospitality industry. Chancellor Rachel Reeves faces a £40bn gap in the nation’s finances, which is ever-more likely to be filled by a tax-raising Autumn Budget. The target of those tax rises [...]

  • Tories: Reeves gambling with lives over mooted betting tax

    October 6, 2025

    Rachel Reeves has been accused of “gambling with lives” ahead of a mulled tax rise on the gambling sector in November’s Budget. The Chancellor is tipped to hike the levy on bookies from 15 per cent to 21 per cent, in line with online casinos, in a move critics say could decimate horse racing and [...]

  • Retail body warns against tax hikes amid ‘nightmare’ inflation

    September 30, 2025

    Britain’s largest retail business group has warned the Treasury that further tax hikes on businesses will keep shop prices “higher for longer”, after data showed food inflation in September remained at its highest levels since the height of the cost-of-living crisis. British Retail Consortium (BRC) chief executive Helen Dickinson said even if the Chancellor chooses [...]

  • Consumer confidence drops ahead of Budget

    September 19, 2025

    Brits’ confidence has fallen as nerves grow over the possibility tax rises in the upcoming November Budget. GfK’s Consumer Confidence Index decreased by two points to -19 in September, with all measures down in comparison to last month. “There’s an autumnal chill in the air this month,” Neil Bellamy said. “With tax rises expected in [...]

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