London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
Chancellor Rachel Reeves denies misleading public over finances before Budget November 30, 2025 Chancellor Rachel Reeves has denied misleading the public over UK finances before the Budget, stating she “was very upfront” about the need to find more money, despite not mentioning £4.2bn surplus. The Chancellor has found herself in the firing line since Wednesday’s crunch Budget, as she faces increasing questions from opposition figures over claims she [...]
Reeves ends Budget week with more unanswered questions than she started with November 29, 2025 It was supposed to be the week that ended months of uncertainty. But Rachel Reeves has finished Budget week with more questions to answer than she started with. Not all of it was bad. Increasing the fiscal headroom was prudent. Cutting back motability spending was sensible. Removing a loophole that allowed private hire firms to [...]
Reeves accused of misleading country over ‘black hole’ in public finances November 28, 2025 Rachel Reeves is in the firing line for “misleading the country” after the chair of the fiscal watchdog poured cold water over claims there was a black hole in public finances. In a new letter addressed to the chair of the Treasury select committee, the OBR chair Richard Hughes said he was taking the “unusual [...]
‘We’ve been lied to’: Hospitality in uproar over business rates overhaul November 28, 2025 A 5p reduction in business rates for hospitality and retail was held up by the Chancellor as a sign the government was listening to their concerns. But – writes Ali Lyon – as business owners calculated what it meant for their bottom line, they discovered that the devil was in the detail. It was supposed [...]
Reeves’ Budget tax hikes stopping Monsoon owner’s growth November 28, 2025 The owner of Monsoon and Accessorize has warned the tax rises introduced by Chancellor Rachel Reeves are forcing it to stop investing in its growth. Adena Brands, which is owned by Peter Simon, is “focusing on reducing our cost base over investing in growth” until it sees signs of strengthening consumer demand. The business added [...]
On this day: The resignation of Margaret Thatcher November 28, 2025 On 28 November 1990, Margaret Thatcher left Downing Street for the last time, leaving the United Kingdom in a very,very much better state than when she came there, writes Eliot Wilson I doubt I am alone in remembering the day clearly, though I had only recently turned 13. Margaret Thatcher gave a short and emotional [...]
Banks to pay ombudsman more as Treasury crackdown costs £8m November 27, 2025 Banks will pay more to the Financial Ombudsman Service in the next year as the body strums up cash for its bill to meet the Treasury’s clampdown. Financial services will pay the FOS £86m in the 2026/27 financial year – an increase of £16m – under new proposals, which aim to beef up the Compulsory [...]
‘Deceiving’ Budget: Reeves to delay debt ‘repair’ amid interest rate hold fears November 27, 2025 A left-leaning think tank has sounded the alarm on the the delay of the “repair job” for public finances after Rachel Reeves increased short-term borrowing levels to pay for higher welfare spending next year. The Resolution Foundation, which was previously headed by Treasury minister Torsten Bell, suggested Rachel Reeves’ Budget was “deceiving” by back-loading consolidation [...]
Relief for Cirata after FCA closes investigation November 27, 2025 Cirata execs have breathed a sigh of relief after the financial regulator closed a two-year investigation into the software firm, drawing a line under the dramatic events that caused the firm’s stock to plummet. In March 2023, Cirata – or Wandisco, as it was then known – revealed it had massively overstated its sales figures, [...]
Young professionals are the hardest-hit by this punitive Budget November 27, 2025 For anyone still tempted to believe Rachel Reeves has stuck to her manifesto promise not to put taxes up on working people, let me disabuse you of the notion. As the OBR pointed out yesterday, by 2030 there will be more than 10m people dragged into paying higher rates of income tax compared to 2023, [...]