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  • Best of the fest: 9 of the best London Film Festival movies to book

    October 16, 2025

    Anemone, After The Hunt, Is This Thing On? and much more: The best of London Film Festival, and when to catch these films in cinemas No Other Choice Dir. Park Chan-wook No Other Choice is a sprawling, pitch-black farce that starts out as a corporate satire and morphs into something so singular and distinct I’m [...]

  • UK economy grew 0.1 per cent in August

    October 16, 2025

    The UK economy grew by 0.1 per cent in August, Office for National Statistics (ONS) figures have shown, with a struggling construction sector in the month weighing down on output across the UK.  The ONS data indicated on Wednesday morning the UK economy was set for a significant slowdown after an upswing in spending over [...]

  • Reeves faces ‘Groundhog Day’ as Budget tax hikes loom

    October 16, 2025

    Chancellor Rachel Reeves risks having to hike taxes ever higher in forthcoming budgets if she leaves herself with £9.9bn in headroom, a joint report by Barclays and the Institute for Fiscal Studies (IFS) has warned.  The research has suggested that spending cuts would send a “crucial” signal to the bond markets that the government had [...]

  • Leading economist slams ‘myth’ that landlords are under-taxed

    October 15, 2025

    Tax hikes for landlords will be damaging to the economy and are based on a lack of understanding about investors, according to a leading economist. Paul Johnson, the former head of the Institute for Fiscal Studies, said that the UK “need[s] to think very carefully about how to tax housing and how to tax rental [...]

  • Downing Street refuses to rule out breaking Labour tax pledges 

    October 15, 2025

    Downing Street has refused to rule out breaking Labour manifesto tax pledges not to raise income tax, national insurance for workers or VAT, in a further indication that the government could look to raise revenue through one of the three big taxes.  The Labour Party vowed not to raise national insurance, VAT or income tax [...]

  • Industry figures urge Reeves to go further with cash ISA reforms 

    October 15, 2025

    Financial industry figures have urged Rachel Reeves to go further on reforming the cash ISA, following speculation the Chancellor is looking to overhaul the system in the looming Autumn Budget. Reeves is understood to be reviving a plan to cut the tax-free limit on cash ISAs, in a bid to get people to move cash [...]

  • Rachel Reeves: We are looking at tax hikes 

    October 15, 2025

    Chancellor Rachel Reeves has revealed the government is considering making tax hikes at this year’s Budget, the first time she has made the admission in public.   In an interview with Sky News, Reeves admitted that the government was considering raising tax and cutting spending to fill a fiscal hole.  The Chancellor said she would “always [...]

  • Scotch Whisky Association calls for spirits duty freeze as industry headwinds grow

    October 15, 2025

    The Scotch Whisky Association (SWA) has urged the UK Government to impose a multi-year freeze on spirits duty, warning that continued inaction threatens jobs, investment and Treasury revenues. In a submission ahead of the autumn Budget, the trade body stated that recent duty increases had cost the Treasury £700m while placing a £12 tax burden [...]

  • FTSE 100 Live: Ofcom fines Royal Mail, CMA’s vet crackdown

    October 15, 2025

    Good morning from the City AM liveblog team. 15 months on from Labour’s stunning general election victory and a month out from its next budget, how is the City feeling about the current government? It’s safe to say that enthusiasm has waned a little since high expectations were set last year. Some City analysts are [...]

  • Silver prices tail off after hitting first record in four decades

    October 15, 2025

    Silver prices retreated on Tuesday after hitting their first all-time high in over 45 years, as supply fears and a short squeeze added momentum to a year-long rally spurred by investor fears over government debt levels and sticky inflation. On a historic day of trading, spot prices for the precious metal broke $53 an ounce [...]

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