Rachel Reeves to slap wealth tax on £2m homes November 24, 2025 Rachel Reeves will reportedly impose a property levy on homes worth more than £2m, hitting 100,000 properties with a new wealth tax that is expected to raise just £450m. The Chancellor is in the final phase of Budget preparations, with measures expected to include some more complex changes to the UK tax regime as she [...]
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 [...]
City of London policy chairman: Bank levy should be wound down November 24, 2025 Financial and professional services underpin the country’s global competitiveness. The Budget should support banks, writes Chris Hayward.
E1 Series heads to Bahamas as calendar reveals mystery race November 24, 2025 The Formula 1 of water, E1 Series, will race in the Caribbean for the first time as it reveals its season three calendar. The series – which counts the likes of Will Smith, Tom Brady, LeBron James, Rafael Nadal, and Steve Aoki as team owners – will return to the water for its third season [...]
Polanski ‘tempted’ to challenge Starmer for parliamentary seat November 23, 2025 Zack Polanski has said it would be “tempting” to challenge Keir Starmer for his parliamentary seat. Green Party leader Polanski, who is a member of the London Assembly but not an MP, was asked about a poll that suggested his party could take the Prime Minister’s Holborn and St Pancras seat and whether he would [...]
Why Arsenal’s ‘quantum leap’ is down to Kroenkes’ gamble on ambition November 23, 2025 The story of Arsenal’s return from the competitive wilderness to the top table of English and European football has no shortage of candidates for the leading role. Mikel Arteta, the rookie manager whose single-mindedness has transformed the mentality of the club; Bukayo Saka, the jewel of the Hale End academy who has developed into one [...]
Rail fares to be frozen for first time in 30 years November 23, 2025 Rail fares are to be frozen for the first time in 30 years, the government has announced. Ministers said the move will save millions of rail travellers hundreds of pounds off season tickets, peak and off-peak returns between major cities. Commuters on the more expensive routes will save more than £300 a year. The government [...]
Not classy: lawfare will weaken the British economy November 22, 2025 The recent explosion of class action lawsuits and third-party litigation funding in Britain is argued to be damaging the UK economy and its reputation for legal stability, often primarily enriching funders rather than compensating victims, says James Price American cinema has long loved the class action lawsuit. Hundreds, maybe thousands of little guys ganging up [...]
KBRA Assigns Preliminary Ratings to Cheshire 2021-1 PLC November 21, 2025 KBRA UK (KBRA) assigns preliminary ratings to six classes of notes issued by Cheshire 2021-1 PLC (Cheshire Refinance), a static RMBS securitisation backed by a non-conforming portfolio of performing and reperforming mortgage loans. Cheshire Refinance will be a refinancing of the original Cheshire 2021-1 PLC transaction, which closed in September 2021 (50.7% of the portfolio) [...]
Tottenham sign hair transplant partner Elithair to tackle lack of cover up top November 21, 2025 Tottenham Hotspur fans who have torn their hair out watching the club have been offered a solution after Spurs partnered with hair transplant clinic Elithair. Elithair has taken the hitherto unheralded title of Official Hair Treatment Partner, joining a roster of Tottenham sponsors that includes insurance giant AIA, kit maker Nike, crypto exchange Kraken and [...]