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 [...]
Revealed: How much profit Amazon makes in the UK September 10, 2025 Amazon’s UK profit has been revealed – with the total estimated to be well above the £500m mark. Unusually, Jeff Bezos’ empire doesn’t file a single set of group accounts for its UK activities, instead choosing to report each company’s results separately with no parent entity in this country. The picture is also further complicated [...]