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  • What to be grateful for this Thanksgiving? the resilience of the US markets

    November 27, 2025

    In a year shaped by global uncertainty, technological disruption and political change, investors should still have plenty of reason for optimism, says Liz Ann Sonders While Brits prepare for the final sprint before Christmas, many Americans pause on 27 November to gather around the table for Thanksgiving – a moment to reflect and express gratitude [...]

  • Budget 2025: Rachel Reeves announces £26bn tax raid 

    November 26, 2025

    Chancellor Rachel Reeves has announced an avalanche of tax rises on the wealthy and on working people, adding up to £26bn to fund extra spending over the next five years, as she vowed to make the country more “secure”. Her biggest announcement included freezing income tax and national insurance thresholds until 2031 to raise £11bn [...]

  • Hardworking families will pay for Labour’s Benefits Budget

    November 26, 2025

    Rachel Reeves has broken every single one of her promises in this year's Budget, and it's hardworking families who will pay, writes Mel Stride.

  • Budget 2025: What exactly is happening with business rates?

    November 26, 2025

    Long-awaited changes to business rates were finally announced in the Budget, with a lower rate for small companies to be paid for by a higher levy for large firms. Retailers have been railing against for business rates for years, with concerns that the tax creates an unfair playing field between high street and online firms, which [...]

  • The pension triple lock won’t ‘last forever’, warns Labour MP

    November 26, 2025

    A Labour MP has admitted that the pension triple lock won’t “last forever”, as the Budget fails to mention an end to the controversial scheme. Speaking live to City AM‘s Christian May and Alys Denby, Chris Curtis, MP for Milton Keynes North, said that the “triple lock inevitably cannot last forever”. He said: “That is [...]

  • Autumn Budget: Don’t let OBR gaffe mask Labour’s own mistakes

    November 26, 2025

    The OBR's mistake was spectacular but accidental. The same can't be said for Labour, whose Budget missteps will do nothing to shift the economy.

  • Autumn Budget ‘deeply concerning’ for squeezed hospitality industry

    November 26, 2025

    The UK’s hospitality industry has been disappointed by the Autumn Budget, with no cuts to VAT and no changes to National Insurance. Even a cut to business rates has been described as “too little, too little” as well as something likely to get wiped out by an inflation-linked revaluation of rates next year. “This is [...]

  • Budget: Kemi Badenoch slams ‘shameless’ Rachel Reeves

    November 26, 2025

    The mood in the House of Commons morphed from rowdy to somewhat tense following the Budget, as Kemi Badenoch launched a series of scathing political and personal attacks on Rachel Reeves. The Conservative leader slammed the Chancellor’s position as “untenable”, and her fiscal announcements as a “Budget for Benefits Street”. Badenoch said: “I hope she [...]

  • Autumn Budget: Reeves pushes ahead with ‘mansion’ tax

    November 26, 2025

    A mansion tax will be introduced on homes worth more than £2m, Rachel Reeves confirmed, despite warnings from the property industry that the move was fraught with practical difficulties and would lead to a fire sale of high-end homes. The Chancellor ploughed ahead with widely rumoured plans to apply a “high-value council tax surcharge” on [...]

  • Autumn Budget: Reeves splurges £12bn on welfare as two-child benefit cap ditched

    November 26, 2025

    The UK’s fiscal watchdog has forecast welfare spending to soar over the next few years after the Labour government ditched plans to reform the welfare state. The Office for Budget Responsibility (OBR), which accidentally published its report before the Budget, has said welfare spending will rise by £12bn in the fiscal year 2029-30, when compared [...]

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