Which taxes will be raised in the Budget? October 16, 2025 The UK Chancellor has now received the first forecast from the OBR. There will be two more“pre-measures” rounds before the crunch moment on 10 November when the OBR deliverto the Treasury the first “post-measure” forecast. That’s the point where Reeves will havehad to make some decisions on what might actually end up in the Budget [...]
IG pockets £75m after disposal of future exchange platform to beef up crypto capabilities October 16, 2025 Investment broker IG has disposed of its future exchange platform, Small Exchange Inc, as part of a partnership with global crypto exchange Kraken. IG sold the Chicago-based company, which it purchased in 2023, to Payward Inc., the parent company of popular cryptocurrency platform Kraken, for $100m (£74.9m). The sale consisted of $32.5m in cash and [...]
Farage’s crypto fantasies are a risk British taxpayers can’t afford to take October 15, 2025 Nigel Farage’s proposed crypto policies — including a £5bn national bitcoin reserve, a flat 10 per cent crypto tax, and rejection of a digital pound — are bold in rhetoric but economically reckless, risking public funds on volatile assets and undermining fiscal stability, says Tim Focas Nigel Farage has taken to the stage at the [...]
Bellway says fears of Autumn tax raid has hit housing demand October 14, 2025 Housebuider Bellway has said that uncertainty over possible tax changes in the upcoming UK budget has dampened demand for housing. Rumors of various property taxes that Rachel Reeves might introduce in this Autumn’s budget in an attempt to plug a £40bn gap in the nation’s finances while overhauling a complex system of levies and charges have been [...]
Rachel Reeves urged to levy one-off wealth tax October 13, 2025 Researchers say Rachel Reeves should introduce a one-off wealth tax to avoid the “direct disincentive” of an annual levy. But the Chancellor risks wreaking havoc on the UK economy unless she breaks Labour manifesto commitments and introduces vast reforms to the wider tax system, according to a report by the Institute for Fiscal Studies (IFS). [...]
Reeves warns the rich will ‘contribute more’ as Budget tax squeeze looms October 12, 2025 Rachel Reeves has signalled that wealthier households will be asked to “contribute more” in her Budget next month, as the chancellor seeks to close a £20–30bn gap in the public finances without cutting spending or taking on new debt. Treasury sources told The Telegraph that Reeves will neither reduce public spending nor expand borrowing significantly, [...]
Reeves ‘pressures business chiefs to talk up the UK economy’ October 11, 2025 Rachel Reeves has ramped up pressure on business leaders to “talk up” the economy in the run up to the Autumn Budget. The Chancellor has framed her rallying cry to businesses that if they do not support a positive narrative around the economy, they risk Nigel Farage becoming Prime Minister. The Treasury has warned top [...]
Budget rumours spark a surge in client queries for financial advisers October 10, 2025 Independent financial advisers have seen a significant uptick in client enquiries in the run up to the Budget, as speculation over tax changes continues to plague Brits. According to analysis from wealth management firm, Rathbones,90 per cent of independent financial advisers (IFAs) have reported a spike in client enquiries as the November Budget inches closer. [...]
Don’t stop at housing, abolish stamp duty on shares too October 10, 2025 Abolishing stamp duty on housing would be a bold step towards economic renewal. But don't stop there, says Blake Stephenson.
Hiking VAT would have ‘serious negative impact’, economists warn Reeves October 10, 2025 A hike to VAT would “have a serious negative impact” on the UK, leading economists have warned, as the chancellor weighs which taxes to put up at next month’s Budget to plug a £30bn shortfall. An increase in the sales levy would have the biggest negative impact of any major tax rise, leading to a [...]