Carlton Club in the red as it counts the cost of Labour’s victory September 11, 2025 The Conservative Party stronghold, the Carlton Club, has fallen into the red as it counted the cost of Labour’s victory in last year’s general election. The private members’ club, which was the original home of the party, said it lost out on revenue after “functions declined due to the cancellation of political events following political [...]
Britain’s Milei revolution starts here September 10, 2025 Fighting for a Free Future is a new movement to shift the UK’s political debate towards liberty, low taxes, and smaller government in order to avert what they describe as an imminent fiscal crisis caused by state overreach and unsustainable spending, writes Steve Baker This week, I launch a new movement – Fighting for a [...]
ABF: Primark owner’s shares sink as sales slow at FTSE 100 giant September 10, 2025 Shares in Primark owner Associated British Foods (ABF) have plunged after posting what analysts branded a “mixed bag” of results. The FTSE 100 warned that challenging conditions were weighing on the company’s trading, listing consumer caution, geopolitical uncertainty and inflation as top factors. Shares plunged 13 per cent on the news to their lowest value [...]
Tube strikes driving you to drink? Good luck finding a pub that’s still open September 10, 2025 It’s not just frazzled commuters who’re suffering during the tube strike. London’s pubs – already under intolerable pressure from crushing business rates and burdensome and costly regulations – are taking another hit, says Emma McClarkin Listening to the radio this morning pushed home the far-reaching impact of the tube strike. We heard about a mother’s [...]
CBI boss calls for Rachel Reeves to break Labour’s tax pledge September 10, 2025 The boss of the Confederation of British Industry (CBI) has suggested the chancellor should tear up Labour’s manifesto pledge not to raise taxes on working people, as businesses brace themselves ahead of the Autumn Budget. Rachel Reeves is widely expected to introduce a fresh package of tax hikes in her 26 November Budget, in order [...]
Hard truths from Lord Rose and Badenoch the thorn September 10, 2025 Yesterday was a day for hard truths and straight talking. It began with City veteran Lord Rose who said the UK is “at the edge of a crisis.” The former M&S chief and Asda chair said that after working for more than 50 years, and despite a predisposition to optimism, he looks at the state [...]
Goldman Sachs: Tax increases will not improve public finances September 10, 2025 Chancellor Rachel Reeves has been warned by a leading Wall Street bank that hiking taxes later this year will not improve the state of public finances. Reeves is widely expected to raise taxes by at least £20bn at this year’s Autumn Budget, with property owners, gambling companies and pension pots likely to be hit with [...]
Janus Henderson’s Laura Foll on navigating UK equities and value investing September 10, 2025 Laura Foll is co-manager of the Lowland and Law Debenture investment trusts at Janus Henderson, as well as Janus Henderson’s UK Equity Income & Growth open-ended fund. Later this month, on 17 September, City AM is partnering with Law Debenture on its new financial education initiative, WIN, which aims to support those new to investing. [...]
Kemi Badenoch: Labour presiding over ‘tax doom loop’ September 9, 2025 Opposition leader Kemi Badenoch has accused the Labour government of leading the UK into an economic crisis of low growth and high spending, as she urged the government to prioritise deep welfare cuts over increasing taxes at the Autumn Budget. In a speech delivered to the Institute of Chartered Accountants’ Hall, Badenoch called out the [...]
Rachel Reeves defends Labour against bond market selloff September 9, 2025 Chancellor Rachel Reeves has launched a defence of Labour’s economic record and blamed her Tory predecessors for the mass selloff in the gilt market despite growing criticism of the government’s fiscal policies. In a parliamentary session before MPs, Reeves said the government had made “fully funded and fully costed” plans to support its £190bn splurge [...]