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  • Reeves opens door for mayors to impose ‘damaging’ tourist tax

    November 25, 2025

    Mayors in England are set to be given new powers to levy a tourist tax on visitors to fund local projects under a new policy. Reeves will give mayors the ability to impose a “modest” charge on visitors staying in hotels, bed and breakfasts, guest houses and holiday lets through the English Devolution and Community [...]

  • Westfield issues retail taxes warning ahead of Budget

    November 25, 2025

    Shopping centre giant Unibail-Rodamco-Westfield has warned that higher taxes for the retail industry in tomorrow’s Autumn Budget would lead to inflation and low investment. Reeves’ second Budget is widely expected to reveal a range of tax hikes after a bruising year for productivity and GDP growth. Crucially for retail, the Chancellor is expected to unveil [...]

  • BCC boss: Enough taxes. The Budget must tell a positive story

    November 25, 2025

    Last autumn, the British Chambers of Commerce and its members were left shell-shocked when a party that promised to be the most ‘pro-business in history’ used its maiden Budget to deliver a succession of hammer blows to the private sector. Having shouldered the burden last year, boss Shevaun Haviland wants this year’s instalment to paint [...]

  • First residents to move into Bermondsey’s revitalised biscuit factory site

    November 25, 2025

    Pearl Yard, a redevelopment of Bermondsey’s iconic biscuit factory, has delivered its first homes since Greystar acquired it in 2022. Named after “The Pearl”, the first biscuit baked on the original Peek Freans factory site, the new neighbourhood is set to create 1,600 new rental homes when it is fully completed in 2027. Daniel Thompson, managing director [...]

  • Reeves wants to protect today’s poor by ruining all our tomorrows

    November 25, 2025

    If Reeves really cared about the less well off, she would understand they can only be protected with an affluent society, writes Ewen Stewart.

  • Welfare system in ‘crisis’ as number of Brits on out-of-work benefits exceeds 5m

    November 24, 2025

    The number of people claiming benefits with no requirement to work has increased beyond 5m, new analysis has found, amid fresh calls for the government to tackle welfare reform in the near term.  Analysis by the Centre for Social Justice has estimated that the total number of people on Universal Credit and those on Employment [...]

  • Nando’s makes cheeky profit after losing more than £600m

    November 24, 2025

    Nando’s has warned Rachel Reeves’ tax hikes will eat into its bottom line despite it returning to profit for the first time since 2016. The business has posted a pre-tax profit of £38.2m for the 12 months to 23 February, 2025, new accounts filed with Companies House have revealed. The profit comes after the restaurant [...]

  • Everything we know about Rachel Reeves’ Budget – from mansions to milkshakes

    November 24, 2025

    In the run-up to the mother of all Autumn Budgets to be delivered by Chancellor Rachel Reeves this week, tax rumours have run wild, infecting the minds of businesses and working Brits while adding to the sense of peril that a botched fiscal event could bring. Investors are running scared. Voters fear looming betrayal. Gamblers [...]

  • Rachel Reeves to slap wealth tax on £2m homes

    November 24, 2025

    Rachel Reeves will reportedly impose a property levy on homes worth more than £2m, hitting 100,000 properties with a new wealth tax that is expected to raise just £450m.  The Chancellor is in the final phase of Budget preparations, with measures expected to include some more complex changes to the UK tax regime as she [...]

  • How the Budget could make your day at the football worse

    November 24, 2025

    In the countdown to the Budget, it’s hard to escape concern from industries ranging from hospitality and retail to fintech or leisure. However, one sector which should not be overlooked is sport. Still feeling the impact from last Autumn, the sport world is readying for further impact come 26  November. And, as with any changes, [...]

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