Rachel Reeves’s Budget is pushing Nick, 30, to breaking point December 1, 2025 Despite his above average income, Nick, 30 is living a below average life. And it's only set to worsen thanks to Chancellor Rachel Reeves's Budget, writes Oliver Dean.
Budget crackdown on football image rights ‘incredible’, say tax experts November 27, 2025 Chancellor Rachel Reeves has been accused of disproportionately targeting football for tax rises after the Budget laid out plans for a raid on image rights earnings. Top footballers benefit from setting up image rights companies which are taxed at a lower rate than their salaries, but the government says it will legislate “to ensure that [...]
High Court rejects Square Mile Tom James’ legal case against former employee November 5, 2025 The High Court has dismissed a lawsuit to enforce restrictive covenants and confidentiality obligations against a former employee of giant Tom James in the Square Mile. Tom James is the world’s largest manufacturer and retailer of customised clothing, and in the City, where some suits are priced at around £2,500, it tailors to working professionals. [...]
Lawyers warn Reeves: Don’t destroy £60bn industry over LLPs gambit November 4, 2025 The legal industry has slammed Chancellor Rachel Reeves’ proposed tax hike on LLPs, saying the move “could harm one of the UK’s most globally competitive sectors.” As she aims to fill the fiscal black hole, Reeves is reportedly targeting limited liability partnerships (LLPs) for a tax raid for the first time. The LLP model, used [...]
Minimum wage hike puts pressure on professional starting salaries November 3, 2025 With Rachel Reeves poised to raise the minimum wage in her Autumn Budget, mid-tier professional services firms are bracing for significant impacts across the sector. As reported last week, the Budget will likely see employers forced to raise workers’ wages from £12.21 to at least £12.70 an hour. However, for businesses, especially those in the [...]
Fujitsu rakes in more public sector work after Post Office scandal October 30, 2025 The IT company at the heart of the Post Office scandal raked in nearly half a billion pounds in public sector contracts between 2024 and 2025, an increase on the previous year’s figure despite it having pledged not to bid for new government contracts. Fujitsu, whose faulty Horizon accounting system led to the wrongful convictions [...]
Labour faces setback as Lords boots back workers’ rights Bill October 29, 2025 The Employment Rights Bill failed to clear the final hurdle, as the House of Lords ping-ponged it back to MPs for further debate over disputed points, including the controversial granting of ‘day one’ rights. The highly contested Bill, which was a significant part of Labour’s manifesto, will see a major overhaul in the UK’s employment [...]
Tom Hayes sues UBS over Libor scandal October 28, 2025 Tom Hayes is suing his former employer UBS, alleging it handed him on a “silver platter” to white-collar crime prosecutors to safeguard the interests of the Swiss lender and its leadership. The former trader, who became the face of the Libor rate-rigging scandal when he was sentenced to nine years in a UK prison in [...]
Left-wing think tank urges Labour to amend Employment Rights Bill October 27, 2025 A left-leaning economics think tank that was the former workplace of Treasury ministers has called for a major change to be made to Labour’s flagship Employment Rights Bill in a last-ditch demand before workers’ rights are written into law. The Resolution Foundation, which was formerly led by Budget mastermind Torsten Bell, has called for a [...]
The compromising iPad photos that dragged a London quant trader to court October 25, 2025 An additional point of context was added to the end of this article on 23 June 2026. It’s never easy moving jobs in the Square Mile – especially for the higher ups. Once you reach a certain seniority, your employer frets over the threat posed if you jump ship – what strategic information you could [...]