UK manufacturing edges into growth territory for first time in over a year December 1, 2025 UK manufacturing has edged into growth territory for the first time in over a year following months of struggle piling onto the sector. The S&P Global UK Manufacturing Purchasing Managers’ Index™ (PMI) hit a 14-month highof 50.2 in November, up from 49.7 in October. This placed the industry above the all-important 50 mark which indicates [...]
Regnology Completes Acquisition of Wolters Kluwer’s Finance, Risk & Regulatory Reporting Business December 1, 2025 The deal strengthens Regnology’s leadership in compliance technology, expands capabilities in risk and finance, and reinforces its commitment to innovation and client continuity.
UK economy set to cool as weak consumer confidence damages spending December 1, 2025 The UK economy is expected to cool in 2026, as the softening labour market and subdued consumer confidence caused a drop in household spending. The economy is set to slow 1.0 per cent next year, down from 1.4 per cent in 2025, according to the latest economic outlook from professional services firm KPMG. Meanwhile, unemployment [...]
Buyer of WH Smith in late stage talks to snap up leading footwear chain November 30, 2025 The investment firm which bought WH Smith is in advanced talks to takeover a privately owned footwear retailer as it looks to snaps up more UK high street staples. Modella Capital is in late stage talks to buy Wynsors World of Shoes, which trades from approximately 50 standalone shops across the the north of the [...]
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 [...]
KBRA Assigns Preliminary Ratings to RRE 17 Loan Management DAC (Reset) November 28, 2025 KBRA UK (KBRA) assigns preliminary ratings to five classes of refinancing notes and one loan issued by RRE 17 Loan Management DAC (Reset), a cash flow collateralised loan obligation (CLO) backed primarily by a diversified portfolio of Euro denominated corporate loans. RRE 17 Loan Management DAC is managed by Redding Ridge Asset Management (UK) LLP [...]
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 [...]
Business leaders fear more tax rises are on the way November 28, 2025 Businesses leaders are bracing for more tax rises even following another hefty cash raid from Rachel Reeves in her second Autumn Budget. Over two thirds of top bosses have said they fear business leaders will be targeted with more tax hikes even after the Chancellor raised taxes to the tune of £26bn on Wednesday. A [...]
Reeves to rush pension tax raid into law to calm nervous markets November 28, 2025 Chancellor Rachel Reeves is to rush through laws to enact her Budget, in a bid to reassure nervous markets that tax increases will be implemented even if they are not set to take effect for several years. Legislation to raise tax on pension contributions made through salary sacrifice schemes is expected to be introduced before Christmas, according [...]
Salary sacrifice cap will hit ordinary earners hardest, research finds November 28, 2025 Reeves’ crunch Budget measures ranged from freezing income tax thresholds to fresh levies on milkshakes and lattes as she sought to lower the UK’s fiscal headroom. But it was her decision to rip up the salary sacrifice scheme that sparked the largest reaction from employers and employees alike. Under the most popular form of salary [...]