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UK economy

  • Autumn Budget: Cash ISA tax free allowance slashed to £12,000

    November 26, 2025

    In a major policy shakeup, Chancellor Rachel Reeves has confirmed a slash to the cash ISA ceiling but over 65s will retain the full allowance. After weeks of speculation, Reeves confirmed the ceiling will be cut from £20,000 to £12,000 as of April 2027, as part of her bid to stop people from hoarding cash [...]

  • WATCH LIVE: City AM reacts to the Budget

    November 26, 2025

    After months of speculation and mounting political drama, Rachel Reeves has delivered her second Budget. City AM‘s team has all the latest news throughout the day on our Live Blog via CityAM.com and the City AM App, along with a special livestream broadcast from the heart of the Square Mile at 2pm. Broadcasting live from the London Stock Exchange, City AM‘s Editor [...]

  • Autumn Budget: Reeves launches stamp duty holiday for new listings

    November 26, 2025

    Chancellor Rachel Reeves has launched a three-year stamp duty holiday for new debut companies on the London market in her latest attempt to attract listing candidates.  The Treasury’s new plans, announced as part of today’s Autumn Budget, will drop the 0.5 per cent rate paid by investors when purchasing shares in newly listed companies for [...]

  • Autumn Budget: Dividends set to be subject to tax hike

    November 26, 2025

    Dividends are set for a tax hike next year, in a move that could potentially push people away from investing in the stock market. Individuals who take dividends from a company or who earn dividends from shares pay different tax rates according to the income tax band they fall under. From April 2026, a two [...]

  • Budget: Stealth tax raid making some earners £3,800 worse off 

    November 26, 2025

    Freezing income tax thresholds is set to make a worker earning the median wage as much as £2,310 worse off had the measure never been introduced as Chancellor Rachel Reeves looks set to unleash a stealth tax raid at the Autumn Budget. Analysis by Quilter has revealed that extending the current freeze alone will add an [...]

  • It’s not what you invent, it’s how you share it

    November 26, 2025

    The UK’s focus on frontier innovation overlooks the critical need for a nationwide technology diffusion system enabling businesses adopt productivity-boosting technologies and revive economic growth A key but often overlooked feature of Britain’s Industrial Revolution is the web of institutions, incentives and skills that turned invention into innovation. For every James Watt refining the steam [...]

  • Budget ‘chaos’ may stall interest rate cuts

    November 26, 2025

    The “chaos” around Budget measures may delay further interest rate cuts as the Bank of England figures through the effects of a flurry of tax rises, despite Rachel Reeves’ stated commitment to set the conditions for borrowing costs to be lowered.  The Chancellor has said curbing the cost of living was a key “priority” at [...]

  • City readies up for Labour’s borrowing spree

    November 26, 2025

    Fixed income investors are readying for the Debt Management Office (DMO) to boost its gilt issuance for the current financial year, otherwise the level of UK government debt sold to traders, as the Labour government ploughs ahead with its borrowing spree.  The DMO, an independent government body that oversees the sale of UK government bonds, [...]

  • Strix Group boss exits and dividend axed after share price plunges

    November 26, 2025

    The boss of Strix Group, a key player in safety controls for appliances, has departed following a plummet in the firm’s share price as macroeconomic pressures weighed. Mark Bartlett will step down from his role at Strix after nearly two decades at the company, one of which was spent in the top job. Shares were [...]

  • Construction sector delivers growth warning ahead of Budget

    November 26, 2025

    The economic growth being promised by the government is in jeopardy unless the Budget delivers a boost for the construction industry, sector leaders have warned. Figures within the construction industry have said the delivery of key Labour infrastructure projects is at risk unless Rachel Reeves offers the “clarity and stability” needed by the sector to [...]

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