Autumn Budget: What does the income tax U-turn mean for your salary? Wealth In a major U-turn, Chancellor Rachel Reeves’ is understood to have ripped up plans to hike income tax in the looming Autumn Budget. Reeves was poised to hitch up income tax by 2p at the end of the month, whilst cutting national insurance – for lower earners – by the same amount. While the decision [...]
Rachel Reeves panics markets by ditching plans for income tax hike Economics Rachel Reeves is understood to have scrapped plans to break Labour’s manifesto and hike income tax in the forthcoming Autumn Budget. The Chancellor was poised to hike income tax by 2p whilst cutting national insurance by the same amount in a move that would break Labour’s pledge to not raise taxes on ‘working people.’ Over [...]
Will the Budget push the economy off the cliff? Video Downing Street is in chaos and the economy has flatlined. Now, with just a couple of weeks to go until we find out what’s really in Rachel Reeves’ Budget, Britain’s bosses are getting restless. It used to be the case that Chancellor’s went quiet in the run-up to a Budget, keeping their powder dry and [...]
Business leaders bemoan Budget uncertainty as tax hikes loom November 13, 2025 Business leaders up and down the country have poured scorn on the Chancellor after months of Budget uncertainty damaged consumer confidence and forced firms to hold off key investment decisions. Scores of chief executives, from retail to hospitality to telecoms and manufacturing, have voiced their concern over the lack of a clear fiscal plan after [...]
UK must stop treating wealth as an offence November 13, 2025 Wealth creators are not a target, but the UK’s greatest economic fuel. The government won't get anywhere before it recognises it.
Motorpoint sold hundreds of cars using AI agent as profits jump November 12, 2025 Motorpoint has revealed it sold hundreds of cars using its new AI agent as the car dealer reported a jump in profits. Chief executive Mark Carpenter said the use of the agent allowed the London-listed firm to be more persistent with its sales strategy when human sales agents might have given up. “We’ve sold about [...]
Rachel Reeves mulls second booze tax hike November 12, 2025 Chancellor Rachel Reeves is considering an increase in taxes on alcohol in line with a higher reading of inflation in a repeat of last year’s Budget, according to reports. Reeves could hike duties by the retail prices index (RPI) inflation rate in a bid to raise more cash to fill an estimated £30bn fiscal hole [...]
Trade wars turn demand for global tax advisers in £50bn market November 12, 2025 The global tax advisory growth rate for 2025 is expected to nearly double last year’s rate, driven largely by the policies of the US President Trump’s administration, including trade wars and tariffs. According to a new report by research-led advisory firm Source Global Research, the market value for tax advisory services is forecasted to reach [...]
Three quarters of Brits think UK ‘heading in wrong direction’ as Budget looms November 12, 2025 The UK is heading in the wrong direction, most Brits believe, in the latest sign of rising gloom about the state of the country’s economy. A City AM/Freshwater Strategy poll has shown that 76 per cent of voters are pessimistic about the future of the country, the highest level of pessimism recorded since our polling [...]
Autumn Budget: How could Rachel Reeves change dividend tax rules? November 11, 2025 The Treasury has reportedly turned its attention to dividends as part of its efforts to fill up the public coffers in this month’s Budget. Chancellor Rachel Reeves is considering raising dividend taxes on 26 November, a move that could potentially raise £1.5bn according to the Resolution Foundation think tank. The speculation comes as the Treasury [...]