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 [...]
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 [...]
Exclusive: England ready to halt cricket ODI over emergency alert test September 2, 2025 England’s cricket team are ready to pause their ODI match against South Africa on Sunday to observe the government emergency alert test, City AM can reveal. The UK government will be testing its alert systems, which will cause a loud noise on all 4G and 5G phones and tablets on Sunday at 3pm regardless of [...]
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 [...]
Home Office contractor proposes investor visa for ‘business angels’ September 2, 2025 A Home Office contractor has put forward plans for an investor visa to be re-introduced as advisers claimed a targeted entry route for wealthy foreign nationals would be “dramatically beneficial” for the UK economy. Envestors, an investment service that assesses entrepreneurs applying to enter the UK via the innovator founder visa, has argued that a [...]
Private healthcare admissions surge as calls for VAT raid grow September 2, 2025 The number of hospital admissions using private healthcare in the first quarter of the year has bounced back to its pre-pandemic peak. The latest Private Healthcare Information Network (PHIN) data on private healthcare admissions published today revealed that the total number of admissions in the first quarter of 2025 was 241,000. Despite the figure being [...]
Klarna confirms second hit at New York listing in snub to London September 2, 2025 Swedish fintech unicorn Klarna has launched its second hit at a listing on the New York Stock Exchange after its initial attempt was derailed by President Donald Trump’s tariff onslaught. The buy now, pay later giant said its IPO price is expected to be between $35 and $37 per ordinary share and hopes to raise [...]
Justice secretary granted new veto powers over ‘independent’ public body September 2, 2025 The justice secretary has been granted the power to sign off on any new guidelines for prison sentences as part of a push for Parliament to have a say in the justice system, following political backlash earlier this year. As part of the Sentencing Bill, set to be introduced to the House of Commons today, [...]