The Leaky War: How Rachel Reeves and the OBR came to blows December 4, 2025 Between 5:16am and 11:30am on the day of the Budget, as Rachel Reeves was putting the finishing touches to her House of Commons speech, 7 audacious internet users made 44 attempts to break into the servers of Britain’s fiscal watchdog to get an early glimpse of her plans. An hour before Reeves stood up in [...]
The big question for wealth creators: is there a future in Britain? December 4, 2025 A tax-raising Budget has completely undermined confidence in the UK’s ability to remain competitive, says Philip Harris A Budget that prioritises tax rises heightens investor friction, accelerates capital flight and weakens the UK’s competitiveness. It undermines the foundations of long-term prosperity and forces families, entrepreneurs and wealth holders to ask a serious question: is the [...]
Legora CEO: Troubled Robin AI ‘had two parallel business models’ December 2, 2025 The boss of legal tech firm Legora says troubled Robin AI had ‘two parallel business models’. Last month, City AM revealed London-based legal firm Robin AI was put up for sale on an insolvency marketplace after fundraising ambitions fell short. In the same month, it was hit with a winding-up petition by HMRC. The legal [...]
Sheffield Wednesday: Chansiri gets three-year ban as tuna tycoon canned December 1, 2025 Sheffield Wednesday’s former owner Dejphon Chansiri has been banned from football for three years for his role in the club’s ongoing financial crisis. Wednesday, one of England’s most historic clubs, are in administration and look destined for relegation to the third tier after a further six-point deduction today left them 23 points adrift at the [...]
OBR warns higher taxes could hit growth ‘by more than expected’ November 29, 2025 Chancellor Rachel Reeves has been warned that increasing the tax burden could leave the Office for Budget Responsibility (OBR)’s key forecasts on shakier ground as it becomes harder to predict how measures hamper growth. In the small print of its Budget report, the fiscal watchdog said increasing the tax take could lead to unforeseen consequences [...]
‘We’ve been lied to’: Hospitality in uproar over business rates overhaul November 28, 2025 A 5p reduction in business rates for hospitality and retail was held up by the Chancellor as a sign the government was listening to their concerns. But – writes Ali Lyon – as business owners calculated what it meant for their bottom line, they discovered that the devil was in the detail. It was supposed [...]
Property market slows on uncertainty and high moving costs bite November 28, 2025 The number of houses changing hands in the UK slowed year on year in October due to budget uncertainty and the high cost of moving. UK residential transactions in October 2025 reached 98,450, 2 per cent lower than October 2024, according to HMRC. “Today’s transaction results show a mixed-bag… in the main we saw a [...]
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 [...]
Reeves hands small businesses sour cocktail in Autumn Budget November 26, 2025 Small and mudiec-sized businesses (SMEs) now face a sour cocktail of higher taxes, rising costs, and tighter margins following Rachel Reeves’ second Budget as Chancellor. Dividend taxes are up, income tax and National Insurance thresholds remain frozen until 2030-31, and salary-sacrifice pension reliefs are being curtailed. For many small business owners, the Budget will feel [...]
Budget: Treasury focused on ‘closing tax gap’ with US-style whistleblower scheme November 26, 2025 Rachel Reeves revealed in her Budget that the government continues to focus on closing the tax gap, with new measures set to raise an additional £2bn in tax revenue by 2029-30. The Chancellor pledged that the government will target “fraudulent businesses” that don’t pay their tax by providing HMRC with new compliance powers. A large [...]