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  • Autumn Budget: Will the UK keep its tech talent or drive it abroad?

    November 25, 2025

    Time is running out for Rachel Reeves to reassure the sector she has spent months courting. With tax rises looking increasingly likely in Wednesday’s Autumn Budget, the mood across UK tech has shifted to concern, reviving the warning issued earlier this month by some of Britain’s most valuable founders: change course, or risk watching high-growth [...]

  • There’s nothing new in Zack Polanski’s fantasy economics

    November 25, 2025

    Let’s go for a lyrical opening to this column: “The newspapers shout a new style is growing, but I don’t know if it’s coming or going, there is fashion, there is fad, some is good, some is bad, and the joke – rather sad – that it’s all just a little bit of history repeating.” [...]

  • The FTSE 100’s good year masks a much deeper problem

    November 24, 2025

    The FTSE 100 has had a good year by recent standards. Up nearly 16 per cent, it has outperformed the S&P 500, Nasdaq, Stoxx 600 and Paris’s Cac. What’s more, three new listings in October even suggested that a well-documented dearth of IPOs was coming to an end. But a look below the surface shows [...]

  • Everything we know about Rachel Reeves’ Budget – from mansions to milkshakes

    November 24, 2025

    In the run-up to the mother of all Autumn Budgets to be delivered by Chancellor Rachel Reeves this week, tax rumours have run wild, infecting the minds of businesses and working Brits while adding to the sense of peril that a botched fiscal event could bring. Investors are running scared. Voters fear looming betrayal. Gamblers [...]

  • FTSE 100 Live: Nvidia invests in Revolut, M&C Saatchi, S4C shares tumble

    November 24, 2025

    Good morning from the City AM liveblog team. Rachel Reeves is set to plug a looming £30bn hole in the public finances with a “dog’s breakfast” of tax hikes, according to new analysis. The Institute of Economic Affairs warns that the gap will likely be addressed by combining broad-based income tax rises with a patchwork [...]

  • Reeves faces £30bn tax hole ahead of Budget announcement

    November 23, 2025

    Rachel Reeves is set to plug a looming £30bn hole in the public finances with a “dog’s breakfast” of tax hikes, according to new analysis. The Institute of Economic Affairs warns that the gap will likely be addressed by combining broad-based income tax rises with a patchwork of smaller, targeted measures. The gap, which has [...]

  • Steel mogul Lakshmi Mittal leaves UK for Switzerland and Dubai

    November 23, 2025

    Lakshmi Mittal, the steel mogul who was one of Britain’s richest people, has now left the country and become a resident in Switzerland for tax purposes, it has been reported.  Mittal has long been one of the billionaires rumoured to be leaving the UK in response to Rachel Reeves’ tax plans.  In March this year, [...]

  • Wealthy individuals at risk of tax raid due to lack of knowledge

    November 21, 2025

    Wealthy Brits are at risk of being slapped with higher taxes in the upcoming Autumn Budget as they fail to understand how to use their tax allowances. The Treasury is scrambling to fill an estimated £20bn fiscal black hole in next week’s Budget and, with a wide spread of tax rises being discussed, many individuals [...]

  • Britain needs a Budget for tax certainty

    November 21, 2025

    The upcoming Budget should move beyond specific tax adjustments to adopt a broader, more principled reform that aligns with the long-term Industrial Strategy and aims to create a more stable, predictable tax system, says Chris Sanger Much of the speculation surrounding the contents of the Chancellor’s red box on 26 November remains firmly fixed on [...]

  • Brits delay moving houses over Budget fears

    November 20, 2025

    Nearly one in five Brits considering moving house have stalled their plans ahead of the Budget, a new survey has indicated, in a fresh warning to the Treasury about the damage caused by leaks and speculation. Around 17 per cent of potential movers surveyed by property website Rightmove said they have paused their plans to [...]

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