Autumn Budget: B&Q boss hands Reeves tool kit for growth November 12, 2025 Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, the boss of retail stalwart B&Q warns truly fixing the foundations starts with building confidence. After Labour’s monumental 2024 general election sweep, Chancellor Rachel Reeves seized her economic tool kit, telling Britons she was “fixing [...]
Autumn Budget: How could Rachel Reeves change dividend tax rules? November 11, 2025 The Treasury has reportedly turned its attention to dividends as part of its efforts to fill up the public coffers in this month’s Budget. Chancellor Rachel Reeves is considering raising dividend taxes on 26 November, a move that could potentially raise £1.5bn according to the Resolution Foundation think tank. The speculation comes as the Treasury [...]
UK banks send regulation warning as private credit threat rises November 11, 2025 Top bosses of UK banks have fired a warning shot over the country’s status as a competitive financial hub as the government’s efforts to overhaul regulation risk missing the mark. Michael Roberts, the top boss of HSBC Bank and chief of corporate and institutional banking, told lawmakers on Tuesday the Treasury’s deregulation work was a [...]
BBC has no right to taxpayer money if it cannot prove impartiality November 11, 2025 Unless the BBC can prove, definitely, that it is unbiased, it has no right to taxpayer money, writes Oliver Dean.
Jobs market decline ‘fuels hopes’ for Bank of England interest rate cut November 11, 2025 The jump in the unemployment rate and softening private sector wage growth is driving up expectations of an interest rate cut at the Bank of England’s next meeting in mid-December. The Office for National Statistics (ONS) said the unemployment rate had jumped to 5 per cent, higher than economists had expected, while wage growth had [...]
Princes shares jump as boss of tinned tuna giant eyes M&A spree November 11, 2025 The boss of Princes Group has laid the foundations for future deals after the firm’s admission to the London Stock Exchange helped build up its “firepower”. Simon Harrison, chief executive of Princes, said the listing marked a “milestone period” for the group and created “exciting opportunities to pursue value accretive mergers and acquisitions, in line [...]
Unemployment rate surges to 5 per cent November 11, 2025 The UK unemployment rate has surged to a post-pandemic high in further signs the jobs market has struggled to bounce back, amid interest rate cuts and adjustments to last year’s tax raid on employers. The Office for National Statistics (ONS) said the unemployment rate had hit 5 per cent as there were 32,000 fewer payrolled [...]
FTSE 100 Live: Vodafone shares lead blue-chip rally; Unemployment rises November 11, 2025 Good morning from the City AM liveblog team. What are you looking forward to more – Black Friday or Budget day? They are two vital days that UK retailers are bracing for in this month’s calendar, both of which can provide a major boost to firms – or crushing disappointment. Retail sales today show another [...]
Starmer’s approval ratings hit record low amid Reform and Green squeeze November 11, 2025 Keir Starmer’s approval ratings have hit a fresh low as voters brace for a battering at the Budget. The latest City AM/Freshwater Strategy poll of UK voters has shown that Keir Starmer’s net approval rating has cratered to -45, the lowest level since our monthly polling began in January this year. His Chancellor, Rachel Reeves, [...]
Voters say Rachel Reeves should resign if income taxes are hiked November 11, 2025 A majority of voters believe Rachel Reeves should resign as Chancellor if she breaks a key Labour manifesto commitment by raising income tax. Labour’s 2024 election manifesto said the party would not put up taxes on working people, including VAT and income tax. But in the lead-up to a crucial Budget where the Chancellor is [...]