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, [...]
Reeves faces £30bn tax hole ahead of Budget announcement November 23, 2025 Rachel Reeves is set to plug a looming £30bn hole in the public finances with a “dog’s breakfast” of tax hikes, according to new analysis. The Institute of Economic Affairs warns that the gap will likely be addressed by combining broad-based income tax rises with a patchwork of smaller, targeted measures. The gap, which has [...]
Reeves delays Shein import clampdown to 2029 November 22, 2025 Rachel Reeves will wait four years before scrapping a controversial tax break that benefits low-cost foreign retailers such as Shein and Temu, hitting British high street chains who had pushed for immediate action in next week’s Budget. The chancellor has confirmed she will abolish the UK’s ‘de minimis’ rule, which exempts parcels worth under £135 [...]