Natwest chief: UK ‘closer to start than finish line’ on regulation mission December 2, 2025 The government’s mission to overhaul regulation still has a long distance to go, the boss of Natwest has said, as he warned of “trade-offs” in the pursuit of cutting red tape. Paul Thwaite, the chief executive of Natwest, praised the government and the City watchdog in edging forward in its regulation mission, referencing recent changes [...]
Autumn Budget: Cash ISA tax free allowance slashed to £12,000 November 26, 2025 In a major policy shakeup, Chancellor Rachel Reeves has confirmed a slash to the cash ISA ceiling but over 65s will retain the full allowance. After weeks of speculation, Reeves confirmed the ceiling will be cut from £20,000 to £12,000 as of April 2027, as part of her bid to stop people from hoarding cash [...]
Reeves demands bank chiefs back Budget November 25, 2025 Top bank chiefs are expected to praise Rachel Reeves’ Budget measures, according to reports, as the Chancellor looks set to dismiss calls for extra taxes on the sector. Lenders are being encouraged to back the government and follow through with extra investment plans to support Britons up and down the country, a report in the [...]
Rachel Reeves set to cut cash ISA limit to £12,000 November 24, 2025 Savers are facing a major policy shake-up at the forthcoming Budget as Chancellor Rachel Reeves is reportedly planning to slash the annual cash ISA ceiling to £12,00 in a bid to encourage increased investment in stocks instead of hoarding cash. People close to preparations for Wednesday’s Budget said Reeves had decided to reduce the limit [...]
Everything we know about Rachel Reeves’ Budget – from mansions to milkshakes November 24, 2025 In the run-up to the mother of all Autumn Budgets to be delivered by Chancellor Rachel Reeves this week, tax rumours have run wild, infecting the minds of businesses and working Brits while adding to the sense of peril that a botched fiscal event could bring. Investors are running scared. Voters fear looming betrayal. Gamblers [...]
KBRA Assigns Preliminary Ratings to Cheshire 2021-1 PLC November 21, 2025 KBRA UK (KBRA) assigns preliminary ratings to six classes of notes issued by Cheshire 2021-1 PLC (Cheshire Refinance), a static RMBS securitisation backed by a non-conforming portfolio of performing and reperforming mortgage loans. Cheshire Refinance will be a refinancing of the original Cheshire 2021-1 PLC transaction, which closed in September 2021 (50.7% of the portfolio) [...]
TSB’s profit soars ahead of Santander takeover November 13, 2025 Profit at high street unit TSB Bank soared in the third quarter as the lender readied the ground for its blockbuster takeover by Santander. The bank’s pre-tax profit hit £271m for the first nine months of the year – a 38.2 per cent jump from the same period in 2024. It came as the bank [...]
Autumn Budget: Reeves must cure British ‘pessimism’ disease November 5, 2025 Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, chief executive of Peel Hunt urges Reeves to use the Budget to start the cure for British pessimism. As Rachel Reeves ruminates over which tax prescription to write to fill her fiscal black hole, [...]
Rachel Reeves’ banking reforms ‘unlikely to be transformative’ November 3, 2025 Rachel Reeves’ financial services growth mission faces a major blow with top City voices warning her regulatory reforms won’t be transformative. The Chancellor unveiled her Leeds Reform package intended to “rewire the financial services industry” in July this year. Whilst the moves were cheered by industry bigwigs, analysts have raised concerns the changes will fail [...]
Experian to include rent payments in credit scores November 3, 2025 FTSE 100 giant Experian has announced plans to include rental payments in a major revamp of the formation of credit scores. The agency said it was overhauling its scoring system to better reflect “more of the everyday financial behaviours that matter” which included things “like paying rent or reducing overdraft use”. It follows a warning [...]