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UK economy

  • Employment Bill: Here is everything that has happened since its inception

    September 3, 2025

    The third reading of the Employment Rights Bill, a controversial piece of legislation, commenced at the House of Lords on Wednesday. Rushed out within 100 days of Labour taking office, the Bill has faced fierce debate and criticism from multiple stakeholders. The Bill, which formed a significant part of Labour’s manifesto, was laid before Parliament [...]

  • How likely are property tax reforms in the Autumn budget?

    September 3, 2025

    Rumours have been swirling in Westminster about a variety of property tax changes Rachel Reeves might introduce in this Autumn’s budget – or further down the line – in an attempt to plug a £40bn gap in the nation’s finances while overhauling a complex system of levies and charges. The Treasury is reportedly looking into [...]

  • UK economy on ‘much stronger footing’ as growth hopes rise 

    September 3, 2025

    The UK economy is expected to accelerate as leading survey data for August showed the services sector on a “much stronger footing”, according to researchers.  Chancellor Rachel Reeves has pledged to put “working people” at the heart of plans for the Autumn Budget, which has been announced for 26 November.  Businesses will be hoping expected [...]

  • Autumn Budget set for 26 November as Reeves claims economy ‘not working well’

    September 3, 2025

    The Autumn Budget will be on 26 November, the Treasury has confirmed, with Chancellor Rachel Reeves admitting the UK economy was “not working well enough” for Britons. The confirmation now sets the Office for Budget Responsibility (OBR)’s preparations for its fiscal report in motion as it has ten weeks to draw conclusions on the health [...]

  • London’s bullion market set to trial digital gold

    September 3, 2025

    London’s physical gold market is on the verge of a major shake up, as the World Gold Council seeks to launch a digital form of the precious metal. The move would transform the capital’s $900bn (£672bn) market, creating the ability to trade, settle, and collateralise bullion digitally around the gold ecosystem for the first time. [...]

  • Hospitality bosses join Tories in opposition to Labour government

    September 3, 2025

    Hospitality bosses have joined the Conservatives in condemning the Labour government for introducing higher taxes on businesses, rolling out red tape on employment and excluding the sector from growth strategies.  Managers at pubs, restaurants and hotels across the UK have warned that the government’s taxes and regulations risk devastating the important sector.  Now the Conservatives [...]

  • Foreign takeovers to propel UK M&A volumes above £50bn

    September 3, 2025

    UK markets are bracing for a major bump in mergers and acquisitions with the total value of deals expected to top £50bn in 2025.  Fresh data from the Office for National Statistics showed the value of domestic deals jumped to £3.4bn in the second quarter, up £600m from the first three months of the year. [...]

  • Reeves can’t tax Britain out of the gloom

    September 3, 2025

    With growth stalling, inflation rising, and fiscal headroom gone, Chancellor Reeves must resist the urge to raise taxes and instead make government leaner, smarter and more efficient to keep the economy from sliding into darkness, says Brandon Lewis Winter in the UK is a normally sunless affair. The one we’re headed for will be gloomy [...]

  • Bond traders hit out at ‘chorus’ of high tax advocates in No 10

    September 2, 2025

    Bond traders have hit out at the “chorus” of Westminster voices advocating for higher taxes as government borrowing costs soared to the highest level seen this century.  Gilt yields, which feed into the cost the government will have to pay bondholders through debt interest payments, soared to their highest level since 1998, with the interest [...]

  • Budget 2025: Banks to ‘bear the brunt of higher taxes’

    September 2, 2025

    UK banks will be the top target as Rachel Reeves looks to drum up cash in the Autumn Budget, a top economist has said. Chatter around a cash grab directed at banks has escalated over the last week after left-wing think tank the Institute for Public Policy Research (IPPR) proposed that the Chancellor raid the quantitative easing [...]

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