Budget ‘chaos’ may stall interest rate cuts November 26, 2025 The “chaos” around Budget measures may delay further interest rate cuts as the Bank of England figures through the effects of a flurry of tax rises, despite Rachel Reeves’ stated commitment to set the conditions for borrowing costs to be lowered. The Chancellor has said curbing the cost of living was a key “priority” at [...]
Autumn Budget Live: Wealthy, landlords and pensions hit in £26bn tax raid November 26, 2025 Welcome back to the City AM liveblog. In a shocking turn of events the UK fiscal watchdog has accidentally released the economic forecasts – intended to be published after the Budget – before the Chancellor even took to the despatch box. Rachel Reeves has raised taxes by £26bn in her second Budget, which follows on [...]
This isn’t a plan for business, it’s a Budget to save Reeves’ job November 26, 2025 Sacha Lord, a former advisor to mayor of Manchester Andy Burnham, bitterly regrets calling Labour “the party of business and growth” On 13th of June last year, I was stood in Manchester’s impressive NOMA building. It was the Labour Party’s manifesto launch. The place was a buzz with energy, excitement and hope. The full shadow [...]
Tony Matharu, Chairman of Central London Alliance CIC Comments on the Rumoured Introduction of a London Tourist Tax November 25, 2025 It is not the cheerful Christmas bells jingling and the tidings of comfort and joy London can look forward to having, but the inevitable rattle of shutters slamming shut for the last time from the closed hospitality businesses whose metaphorical backs have been broken by the burden of another unjustified, economically harmful tax on London’s [...]
Autumn Budget: Will the UK keep its tech talent or drive it abroad? November 25, 2025 Time is running out for Rachel Reeves to reassure the sector she has spent months courting. With tax rises looking increasingly likely in Wednesday’s Autumn Budget, the mood across UK tech has shifted to concern, reviving the warning issued earlier this month by some of Britain’s most valuable founders: change course, or risk watching high-growth [...]
Retail confidence falls at its fastest rate since 2008 November 25, 2025 Confidence amongst retailers has dropped at its fastest rate in 17 years as firms become increasingly pessimistic about their fortunes amid high taxes and low spending. Retailers expect demand to remain subdued heading into December, with sales set to fall again – albeit at a somewhat slower pace, according to the CBI’s latest quarterly Distributive [...]
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 [...]
Why businesses can’t be bothered to engage ahead of the Budget November 25, 2025 After years of policy churn, rising costs and new rules arriving faster than anyone can absorb them, many firms have run out of energy to engage, says Georgiana Bristol There is a strange quiet in the business community this week. Not the calm of confidence, but the hush before something hits. Normally, in the run-up [...]
Price caps for pop concerts: is there any market Labour won’t restrict? November 25, 2025 Labour’s plan for a ban on secondary ticket sales is an open door for fraudsters. Yet more proof that only the Conservatives believe in free markets, says Andrew Griffith Anyone would think that growth is roaring back, public spending has been brought firmly under control and small boat crossings to our shores have ceased. Why? [...]
Would the new Cyber Bill have prevented 2025’s retail chaos? November 25, 2025 The 2025 UK cyber bloodbath, which saw JLR down for five weeks, M&S nursing a £300m hole, Co-op, Harrods, and more, all happened after the government had already spent four years consulting on cyber legislation. And when the Cyber Security and Resilience Bill finally slouched into the House of Commons on 12 November, the reaction [...]