Lady Mayor: Higher taxes will discourage investors at critical time December 1, 2025 Higher taxes on dividends, pension contributions and savings risk discouraging investors exactly when we need them, writes Susan Langley.
Kemi Badenoch: Rachel Reeves “should resign” November 30, 2025 Conservative leader Kemi Badenoch has called for Rachel Reeves to resign, claiming the Chancellor snuck in tax rises to her Autumn Budget “to pay for welfare”. In an interview with BBC’s Laura Kuenssberg, Badenoch said: “The Chancellor called an emergency press conference telling everyone about how terrible the state of the finances were and now [...]
Chancellor Rachel Reeves denies misleading public over finances before Budget November 30, 2025 Chancellor Rachel Reeves has denied misleading the public over UK finances before the Budget, stating she “was very upfront” about the need to find more money, despite not mentioning £4.2bn surplus. The Chancellor has found herself in the firing line since Wednesday’s crunch Budget, as she faces increasing questions from opposition figures over claims she [...]
OBR warns higher taxes could hit growth ‘by more than expected’ November 29, 2025 Chancellor Rachel Reeves has been warned that increasing the tax burden could leave the Office for Budget Responsibility (OBR)’s key forecasts on shakier ground as it becomes harder to predict how measures hamper growth. In the small print of its Budget report, the fiscal watchdog said increasing the tax take could lead to unforeseen consequences [...]
Business leaders fear more tax rises are on the way November 28, 2025 Businesses leaders are bracing for more tax rises even following another hefty cash raid from Rachel Reeves in her second Autumn Budget. Over two thirds of top bosses have said they fear business leaders will be targeted with more tax hikes even after the Chancellor raised taxes to the tune of £26bn on Wednesday. A [...]
Reeves to rush pension tax raid into law to calm nervous markets November 28, 2025 Chancellor Rachel Reeves is to rush through laws to enact her Budget, in a bid to reassure nervous markets that tax increases will be implemented even if they are not set to take effect for several years. Legislation to raise tax on pension contributions made through salary sacrifice schemes is expected to be introduced before Christmas, according [...]
FTSE 100 Live: London house prices fall amid Budget jitters November 28, 2025 Welcome back to the City AM liveblog. Markets were still digesting the twist, turns and taxes of the Autumn Budget on Thursday, with ministers taking to the media to defend the £26bn cash raid. A number of businesses began weighing in, including Britain’s bookies, which were in the firing line when Reeves took to the [...]
Salary sacrifice cap will hit ordinary earners hardest, research finds November 28, 2025 Reeves’ crunch Budget measures ranged from freezing income tax thresholds to fresh levies on milkshakes and lattes as she sought to lower the UK’s fiscal headroom. But it was her decision to rip up the salary sacrifice scheme that sparked the largest reaction from employers and employees alike. Under the most popular form of salary [...]
Mansion tax is an ‘assault’ on London’s property market November 27, 2025 The UK’s new ‘mansion tax’ is set to hit homeowners in London hard, particularly for middle-class Londoners who have seen the price of their property balloon in the last two decades. Chancellor Rachel Reeves introduced a new high-value council tax surcharge for owners of properties valued at over £2m in her second Budget on Wednesday. [...]
UK government denies brain drain due to high tax burden November 27, 2025 The UK government has denied that more Brits are leaving the country because of a higher tax burden. The Prime Minister’s spokesman denied suggestions that tens of thousands of Brits were fleeing the country due to higher taxes after the Budget raised the burden by another £26bn to a historic high. City AM analysis showed [...]