Labour say manifesto stands ‘today’ as Reeves ducks VAT hike September 29, 2025 The Chancellor would not rule out fresh rises to VAT ahead of her speech to Labour Party Conference later today, when pressed on the issue by LBC’s Nick Ferrari this morning. Asked whether Brits could face increases to the retail levy, Reeves said: “You’ll know we made those commitments in our manifesto, and those commitments [...]
‘Furlough’ scheme calls grow after Jaguar Land Rover cyberattack September 24, 2025 Calls for a furlough-style scheme to support workers affected by the crippling cyberattack on Jaguar Land Rover grew on Wednesday, after the carmaker revealed its production would remain at a standstill for at least another week. Thousands of workers at firms in the Range Rover maker’s supply chain have spent weeks in limbo, with some [...]
Rachel Reeves told to cut national insurance and raise income tax to gain £6bn September 23, 2025 Chancellor Rachel Reeves has been told to cut national insurance for workers by two per cent and raise income tax by the same amount, with economists at a left-leaning think tank claiming a £6bn gain in revenue could be made. The Resolution Foundation, once the workplace of Treasury ministers Torsten Bell and Dan Tomlinson, has [...]
Co-op Insurance expands into loans in partnership with ClearScore September 16, 2025 The insurance arm of the Co-op Group is expanding its presence in the financial services market by offering personal loans, in partnership with ClearScore. As part of the collaboration, ClearScore’s credit matching platform will be available to Co-op members and customers, offering personalised credit services. Its member-owners and customers will be able to access unsecured [...]
The public won’t reward government overspending – just ask Ed Miliband September 10, 2025 Ed Miliband went on and on about the cost of living crisis in 2015, but he lost that election because the public could see his sums on spending didn’t add up. Cuts, not tax rises, are the only way to avert a crisis, says John O’Connell We are in a cost of living crisis. Aren’t [...]
Housing ladder? What about those who can’t get on the credit ladder September 9, 2025 There are plenty of column inches dedicated to getting more Brits on the housing ladder, but what about the credit ladder, asks Jono Gillespie.
Brits resort to ‘job-hugging’ as tax hikes bite September 9, 2025 Workers are now resorting to ‘job-hugging’ after last year’s Labour tax raid had a chilling impact on the UK jobs market. The £40bn cash grab, unveiled by Rachel Reeves in last year’s Autumn Budget, has triggered a significant slowdown in hiring and has resulted in substantial job losses nationwide. As a result of these changes, [...]
Investors focus on securing family’s financial future ahead of tax changes September 9, 2025 UK investors are prioritising passing on their wealth to family members in order to avoid the damage of looming tax raids, fresh research has found. Over 50 per cent of people approaching retirement ranked passing on wealth as a top priority, up from 32 per cent in 2023, according to a survey from BRI wealth [...]
Challenger banks face ‘profitability trap’ at growth crossroads September 8, 2025 The UK banking sector faces a profitability roadblock that will give the industry’s challengers an “existential” turning point. Fresh data from KPMG suggests the industry’s average return on equity will fall to eight per cent come 2027 down from 13 per cent four years prior. This is set to spark an £11bn reduction in pre-tax [...]
Geopolitical instability hits the bottom line as businesses suffer investment losses September 3, 2025 Businesses have suffered losses in international projects or investments due to geopolitical and economic risks, with interest in political risk insurance (PRI) soaring as a result. According to a new report by insurer Howden, over half of the companies surveyed, comprising around 500 senior risk and treasury function decision-makers, reported suffering a political loss to [...]