What changes to the pension salary sacrifice scheme could mean for you? June 11, 2025 A new report from HMRC has raised concerns around changes to the pension salary sacrifice scheme. A report on workplace pensions by HMRC has fuelled speculation around changes to salary sacrifice schemes. The report looked into employers’ behaviours and attitudes on salary sacrifices and looked into how potential reforms to tax reliefs could change these. [...]
Reeves will aim for optimism but reality paints a different picture June 11, 2025 Sky’s Sophy Ridge is a thoughtful and formidable interviewer, as Treasury Minister James Murray discovered on Monday evening. The Labour MP, who seems a decent sort of chap, was doing his best to defend his government’s screeching and humiliating u-turn on cuts to winter fuel payments, claiming – in the words of the Prime Minister [...]
Wait, treat, repeat: The NHS healthcare hold-up hurting UK workplaces June 10, 2025 Trying to get a doctor's appointment is like trying to win the lottery these days, and as a result, it has a knock-on effect on businesses
Reform UK: TalkTV’s David Bull to replace Zia Yusuf as chairman June 10, 2025 TalkTV host David Bull has been tapped as Reform UK’s new chairman on Tuesday morning. Bull is a long-standing member of both Reform and the Brexit party, and was previously deputy leader of the party between 2021 and 2004, alongside Ben Habib. He was also a Member of the European Parliament for six months in [...]
Retail shrinks by over 360,000 jobs in a decade June 10, 2025 The number of retail jobs in the UK has shrunk by more than a tenth since 2015, according to new data. There were 2.76m jobs in retail in March 2025, 360,000 fewer than in 2015, according to the latest report by the ONS. The number of full-time jobs has fallen by 117,000 since 2015, while the number [...]
Unemployment creeps up as firms cut jobs following Reeves tax raid June 10, 2025 The unemployment rate has crept up to 4.6 per cent from 4.5 per cent, official data has revealed, putting Chancellor Reeves’ ambition of growing the UK economy and getting people into work under threat. It is the highest unemployment rate in three years, with the UK economy then recovering from the pandemic. Figures released by [...]
Lord Ashcroft bought shares in Mitie on day it made offer for firm he founded June 10, 2025 Lord Ashcroft bought shares in Mitie on the same day it unveiled £370m takeover talks for a business he co-founded, City AM can reveal. The peer and Tory grandee spent £1m acquiring 714,600 shares in the facilities management company on Thursday 5 June, company filings show, the day the firm confirmed it was in talks [...]
Exclusive: Nikhil Rathi’s FCA is ready to go on the offensive June 10, 2025 Nikhil Rathi’s first five-year term at the helm of the FCA was dominated by difficult situations – most beyond his control, some firmly in it. But after being reappointed by Rachel Reeves in April, and with the added pressure of a new growth mandate from government, he outlines to Ali Lyon what he hopes his [...]
Reeves’ central mission is in tatters June 10, 2025 The Chancellor is the least popular person in British politics and this week’s Spending Review is unlikely to turn things around for Rachel Reeves, says Matthew Lesh This month’s City AM / Freshwater Strategy Poll lays bare the Chancellor’s precarious position ahead of this week’s spending review. Rachel Reeves is personally the least popular figure in British [...]
UK GDP growth expected to slide after Awful April June 10, 2025 The UK economy is expected to have contracted in April as the double whammy of tax hikes and higher energy prices help reverse the 0.7 per cent growth gains seen in the first three months of the year. A Bloomberg poll of economists said City analysts are pencilling in a 0.1 per cent reduction to [...]