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 [...]
FCA pressed to investigate Treasury over Budget briefings November 29, 2025 The Financial Conduct Authority has been urged to wade into the row between the Treasury and the Office for Budget Responsibility and investigate government briefings about a so-called £20bn fiscal hole. Scottish National Party leader Stephen Flynn urged the City regulator to investigate Reeves and other Downing Street officials over “deliberately false and misleading” briefings [...]
Reeves ends Budget week with more unanswered questions than she started with November 29, 2025 It was supposed to be the week that ended months of uncertainty. But Rachel Reeves has finished Budget week with more questions to answer than she started with. Not all of it was bad. Increasing the fiscal headroom was prudent. Cutting back motability spending was sensible. Removing a loophole that allowed private hire firms to [...]
Reeves accused of misleading country over ‘black hole’ in public finances November 28, 2025 Rachel Reeves is in the firing line for “misleading the country” after the chair of the fiscal watchdog poured cold water over claims there was a black hole in public finances. In a new letter addressed to the chair of the Treasury select committee, the OBR chair Richard Hughes said he was taking the “unusual [...]
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 [...]
Rachel Reeves’ benefit handouts are unchristian, Badenoch says November 28, 2025 Kemi Badenoch has argued that Rachel Reeves’ welfare splurge in the Autumn Budget is inconsistent with Christian values, as she blasted the Labour government for raising taxes to fund increased spending. The Chancellor hiked taxes by £26bn on Wednesday to fund a massive injection of cash into welfare benefits, including the controversial decision to lift [...]
Essensys founder explores takeover as company woes continue November 28, 2025 Essensys founder Mark Furness is exploring a potential takeover of the company, as it continues to run into financial challenges. Furness, who founded the software and technology company in 2006, has submitted a preliminary proposal to fully acquire the company, which would bring it back into private ownership just six years after completing its London [...]
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 [...]