Reeves’ income tax decision to hit wealth creators, warns Castore CEO November 26, 2025 The co-founder of sportswear brand Castore has hit out at Chancellor Rachel Reeves for freezing income tax thresholds as a “way of delaying the inevitable impact for entrepreneurs and wealth creators”. Tom Beahon, who leads the Manchester-headquartered company alongside his brother, added that “you can’t build a growth economy by disincentivising risk taking”. Announced in [...]
WATCH LIVE: City AM reacts to the Budget November 26, 2025 After months of speculation and mounting political drama, Rachel Reeves has delivered her second Budget. City AM‘s team has all the latest news throughout the day on our Live Blog via CityAM.com and the City AM App, along with a special livestream broadcast from the heart of the Square Mile at 2pm. Broadcasting live from the London Stock Exchange, City AM‘s Editor [...]
OBR accidentally publishes full Budget before Reeves speech November 26, 2025 The government will freeze income tax thresholds, implement a mansion tax and freeze fuel duty according to an unprecedented leak from the government’s fiscal watchdog that revealed its full scorecard for the Budget update before the Chancellor delivered her speech. The Office for Budget Responsibility released its full report on the government’s fiscal plans for [...]
‘Next-level unprofessional’ cup draw adds to club concerns over WSL November 26, 2025 Women’s Super League chiefs are facing widespread discontent over their handling of the professional game following a shambolic League Cup draw live-streamed on TikTok. It is understood that at least four clubs were unhappy with the draw, which was performed by influencer GK Barry and described to City AM by one witness as “next-level unprofessional”. [...]
TV STAR DERMOT O’LEARY SWITCHES ON LIGHTS FOR THE CITY’S TALLEST CHRISTMAS TREE November 26, 2025 Daytime television Legend Dermot O’Leary lit up the Eastern City – literally – by switching on its tallest Christmas tree yesterday. The massive 67 foot tree, situated outside Pan Pacific Hotel London, is the latest edition to the iconic City skyline and is part of the Eastern City Business Improvement District’s Let it Snow of [...]
James Cameron-backed Marlow Film Studios approved November 26, 2025 Plans for a £750m film studio in Buckinghamshire, which are backed by the likes of James Cameron, have been given the green light by the government. The proposals for Marlow Film Studios were initially turned down by Buckinghamshire County Council last year citing concerns about the project’s impact on the green belt, particularly its potential [...]
Budget: Stealth tax raid making some earners £3,800 worse off November 26, 2025 Freezing income tax thresholds is set to make a worker earning the median wage as much as £2,310 worse off had the measure never been introduced as Chancellor Rachel Reeves looks set to unleash a stealth tax raid at the Autumn Budget. Analysis by Quilter has revealed that extending the current freeze alone will add an [...]
Epassi Announces Leadership Transition November 26, 2025 Nickyl Raithatha to join as Group CEO Pekka Rantala to remain on Board as Non-Executive Chair
Strix Group boss exits and dividend axed after share price plunges November 26, 2025 The boss of Strix Group, a key player in safety controls for appliances, has departed following a plummet in the firm’s share price as macroeconomic pressures weighed. Mark Bartlett will step down from his role at Strix after nearly two decades at the company, one of which was spent in the top job. Shares were [...]
The future could still be golden for Amigo Loans shareholders November 26, 2025 It’s been a rough old ride for the shareholders of Amigo Loans. The company began life as a subprime, guarantor lender in 2005 and picked up a load of customers fast, helped along by its weird TV adverts featuring blue plasticine figurines. It listed on the London Stock Exchange in 2018 and the shares initially [...]