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Tax

  • Autumn Budget: BrewDog boss issues £1bn warning to Rachel Reeves

    November 19, 2025

    The hospitality sector needs to sell almost one million extra pints every hour in order to cope with a £1bn cost surge thanks to Chancellor Rachel Reeves’ tax hikes, the chief executive of BrewDog has warned. James Taylor, who took on the job earlier this year, said Reeves needs to take ‘meaningful action’ because of [...]

  • Banks back in Reeves’ tax targets amid Budget whiplash

    November 18, 2025

    Britain’s banking giants are back in the Budget crosshairs as Chancellor Rachel Reeves mulls a tax raid on lenders’ profits. Banks had been expected to be spared from a tax grab in the forthcoming Budget due to Reeves’ inclination to protect the financial services sector, following a concerted lobbying effort by top finance chiefs. But [...]

  • University tuition fee hike to prop up high inflation 

    November 17, 2025

    A rise in university tuition fees and volatile airfare prices are expected to prop up price growth as economists are pencilling in slightly lower inflation in October than in the previous month. Economists polled by Bloomberg said they expected consumer price index (CPI) inflation to reach 3.6 per cent in fresh data to be released [...]

  • Business activity rebounds but Budget nerves could damage growth

    November 16, 2025

    UK private sector activity marked its largest monthly rise of the year in October, but momentum could be shattered by increasing Budget speculation. According to the latest business trends report from accountancy firm BDO, which measures businesses turnover and economic activity, output rose to 97.49 past month, up from 96.25 in September. This marked the [...]

  • Treasury ‘buries’ farming report until after Budget in inheritance tax blow

    November 16, 2025

    A government-commissioned review that shows the financial pressures on the farming industry has been “buried” by the Treasury until after the Autumn Budget, Whitehall sources claim. The review which was carried out by a former president of the National Farmers’ Union (NFU), Baroness Batters, is understood to lay bare concerns among farmers over Chancellor Rachel [...]

  • Autumn Budget: What does the income tax U-turn mean for your salary?

    November 14, 2025

    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

    November 14, 2025

    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?

    November 13, 2025

    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.

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