‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Exclusive: Industry chiefs warn Reeves not to hit business after income tax U-turn November 14, 2025 The Chancellor must not rely on businesses to plug the gaping fiscal gap left by Thursday’s income tax U-turn, a group of industry body chiefs has warned a year after UK firms were forced to stomach much of the £40bn of tax hikes at Labour’s maiden Budget. In an unusual combined intervention, bosses from five [...]
Rachel Reeves panics markets by ditching plans for income tax hike November 14, 2025 Rachel Reeves is understood to have scrapped plans to break Labour’s manifesto and hike income tax in the forthcoming Autumn Budget. The Chancellor was poised to hike income tax by 2p whilst cutting national insurance by the same amount in a move that would break Labour’s pledge to not raise taxes on ‘working people.’ Over [...]
Allianz Achieves Record Results and Expects a Full-Year Operating Profit of at Least 17 Billion Euros November 14, 2025 3Q 2025 This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251113803211/en/ Double-digit growth in operating profit and shareholders’ core net income Total business volume rises 5.21 percent with contributions from all segments Operating profit increases 12.6 percent to 4.4 billion euros, with particular strong contribution from the Property-Casualty segment Shareholders’ core net income [...]
‘Death by a thousand cuts’: Possible booze tax hike slammed November 14, 2025 The hospitality industry has slammed a possible tax hike on wine and spirits, arguing that it would be a “depressing prospect” for the struggling sector. Chancellor Rachel Reeves is considering a 4.5 per cent increase in taxes on alcohol in line with a higher reading of inflation, according to reports. “We’re all fed up with [...]
Brits on state pension to be caught by income tax for first time November 14, 2025 All Brits on the full state pension will be dragged into paying income tax in 2027 for the first time, researchers have warned, amid growing speculation that thresholds will be frozen for an extended period. The Institute for Fiscal Studies (IFS) think tank has warned that 100 per cent of those on the full state [...]
Redundancies and scant vacancies weakens jobs market November 14, 2025 A fall in the number of vacancies and growth in the jobseekers pool due to more redundancies has led to a further decline in the jobs market, a leading survey has indicated. Official data this week showed a jump in the unemployment rate from 4.8 per cent to five per cent in a set of [...]
Businesses back themselves – but does their government? November 14, 2025 Three-quarters of SME leaders are confident about their own growth prospects heading into 2026, yet only 39 per cent trust the government to create conditions for that growth to happen, says Mike Hackett Here’s the paradox keeping Britain’s economy afloat: three-quarters of SME leaders are confident about their own growth prospects heading into 2026, yet [...]
Smart strategies for managing currency volatility during budgeting November 13, 2025 Ongoing turbulence in foreign exchange markets – driven by fiscal policy, global tariffs and geopolitical uncertainty – continues to challenge UK business leaders as they set their 2026 budgets. Sharp shifts in currency markets can quickly derail even the most carefully planned budgets, and this year leaders are facing an exceptional period of instability. Volatility [...]
Checking into the real White Lotus season 3 hotel in Thailand November 13, 2025 It had been an ordinary day of filming on The White Lotus season three at the Four Seasons Koh Samui, Thailand, until staff noticed two intruders with bleeding feet approaching the set, climbing over the dangerous rocks dividing the resort from the swathes of jungle. “I saw them coming by chance, with bleeding toes,” remembers [...]
Will the Budget push the economy off the cliff? November 13, 2025 Downing Street is in chaos and the economy has flatlined. Now, with just a couple of weeks to go until we find out what’s really in Rachel Reeves’ Budget, Britain’s bosses are getting restless. It used to be the case that Chancellor’s went quiet in the run-up to a Budget, keeping their powder dry and [...]