The London LISA problem November 19, 2025 ISAs are set for a starring role in next week’s Budget as Chancellor Rachel Reeves searches for ways to kickstart economic growth. The Treasury is reportedly mulling a slash to the cash ISA ceiling from £20,000 to £10,000 to stop Brits hoarding cash, and encourage investment into domestic stocks. Dividends are also potentially in the [...]
London, Manchester and Edinburgh to bear the brunt of mansion tax November 19, 2025 A mansion tax in next week’s Budget could stifle property markets and disproportionately harm homeowners in London, Manchester and Edinburgh, tax experts have warned. Rachel Reeves is reportedly planning a mansion tax raid on high-value properties, as she takes a “smorgasbord” approach to the Budget after last week’s dramatic income tax U-turn. The Chancellor has [...]
Interactive Investor abandons retail campaign in fresh blow to Rachel Reeves November 19, 2025 Chancellor Rachel Reeves’ plans to increase investment in the UK stock market has been hit with a fresh blow, as Britain’s second largest retail investment platform pulls out of the government backed marketing campaign. Interactive Investor, which is owned by London listed investment manager Aberdeen, has become the latest well known name to abandon the [...]
How the Square Mile is taking the fight to the fraudsters November 19, 2025 Fraud has towered over our economy for too long and has reached the highest levels since first measured in the crime survey for England and Wales. This deceitful crime now represents 44 per cent of all offences or 4.1 million incidents, with more than £1 billion lost to fraud last year alone. Behind those numbers [...]
Reeves’ Budget will fail to rescue public finances, top bank predicts November 19, 2025 Chancellor Rachel Reeves’ upcoming Budget will not live up to market hopes of fiscal caution nor will it solve problems around high government expenditure, analysts at a leading City bank have warned. Reeves has said she intends to build a larger fiscal buffer than £9.9bn in order to “absorb shocks” next week while the Budget [...]
Britain’s business spirit still alive at Global Entrepreneurship Week November 19, 2025 There is more to be done to smooth the path for future founders, but Britain should be proud of its strong pool of entrepreneurs, writes Timothy Barnes.
Lloyds to acquire London fintech in bid to grow digital offerings November 19, 2025 Lloyds Banking Group is acquiring London based fintech Curve, as it looks to boost its digital offerings and compete against popular challenger banks. Curve, which was founded in 2015, operates as a digital payment wallet which combines all debit and credit cards alongside alternative payment sources, such as cryptocurrency, onto a single platform. The platform [...]
Jet2 shares soar as Tiktok meme pays dividends November 19, 2025 Jet2 has seen its shares jump after a viral TikTok trend helped the London-listed airline see record passenger numbers over the summer. The London-listed business said it saw an increase of 750,000 passengers flown to 14m over the six months to the end of September. That helped group revenue rise 5 per cent to £5.3bn. Jet2 [...]
Inflation stays high in pre-Budget warning to Reeves November 19, 2025 Inflation hit 3.6 per cent in the year to October, it has been revealed, in the last set of prices data Chancellor Rachel Reeves will see before a crucial Budget focused on curbing the cost of living. The Office for National Statistics (ONS) said inflation cooled slightly from last month’s figure of 3.8 per cent, [...]
FTSE 100 Live: Inflation falls to 3.6 per cent, WH Smith CEO quits November 19, 2025 Good morning and welcome back to the City AM liveblog. Global markets downturn continued on Tuesday, with Europe left swimming in the red. The FTSE 100 closed the day down 1.27 per cent at 9,552 as the boss of Google gave the latest warning on the soaring valuation of tech stocks. Sundar Pichai, the head [...]