Rachel Reeves considering ‘exit tax’ on wealthy Brits fleeing the UK November 3, 2025 Rachel Reeves is looking at a tax on wealthy Brits leaving the UK and a mansion tax, as last ditch levers to pull ahead of the Budget. The Times reported on a possible 20 per cent “settling-up charge” on business assets, which is the rate of Capital Gains Tax (CGT). It is thought that the [...]
Defence secretary: there will be “consequences” from weak economic forecasts November 2, 2025 Defence Secretary John Healey has warned there will be “consequences” from recent weaker economic forecasts in the nearing Autumn Budget. The minister insisted no final decisions had been made for the upcoming Budget, which will be delivered by Chancellor Rachel Reeves on 26 November. However, he acknowledged that the Office for Budget Responsibility (OBR) saw [...]
Badenoch ‘rebuilding’ Tories as she marks a year as leader, she says November 2, 2025 Kemi Badenoch has said she is “rebuilding” the Conservative Party, as she marks her first year as Tory leader. Badenoch’s first anniversary since taking over as Tory leader is on Sunday, November 2. She came to the helm of the Conservative Party after a leadership contest triggered by Rishi Sunak’s resignation in the wake of [...]
The very best hotel in the UK has been revealed October 31, 2025 A panel of expert judges have revealed the inaugural list of the world’s 100 best hotels, and three of the winners are in the capital. The hotel voted best in the UK at the annual World’s 50 Best Hotels awards at Old Billingsgate Market last night was Claridge’s, which took the 16th spot. The Art [...]
AI bubble fears dismissed as sector bets on lasting tech boom October 31, 2025 Federal reserve chair Jerome Powell recently poured cold water on mounting fears that the AI boom is heading for a spectacular bust, arguing that the current surge in investment bears little resemblance to the dot-com frenzy that ended in tears two decades ago. In a press conference following the Fed’s latest rate decision this week, [...]
Labour ploughs ahead with higher welfare spending October 31, 2025 The Labour government is backing higher welfare spending projections for the next five years, with plans to partially lift the two-child benefit cap set to add to the strain on public finances. An official statement from the government confirmed that the government would ditch planned savings to disability payments, which are formally known as personal [...]
Informa boss shifts residency to UAE October 31, 2025 The boss of a FTSE 100 company Informa has shifted his residency to the UAE and stepped back from his role in the House of Lords, to run the data and events firm from what is one of its fastest-growing regions. Lord Carter, who was the founding chief executive of media watchdog Ofcom, has relocated [...]
Roll-on the World Cup! Spain’s young guns sign deal with Old Spice October 30, 2025 Not so long ago Old Spice was a punchline; a brand associated with a bygone era and reliant on an ageing – not to say, perishing – demographic. More recently it has tried to shake off this stuffy image, leaning into sports such as the NFL. This week made perhaps its most intriguing move yet: [...]
The Capitalist: City AM, sexing up the Budget since 2005 October 30, 2025 INSIDE OUR INAUGURAL SQUARE MILE AWARDSThe Square Mile gathered in force last week to celebrate… the Square Mile. It was our inaugural Toast the City Awards, and gongs were handed out to the City’s best restaurant, bar, green space, rooftop and much more. However, Piccolo Bar, the winners of the best sandwich accolade, weren’t to [...]
Will the Autumn Budget push up inflation? October 30, 2025 For a few weeks, there was one thing Rachel Reeves appeared to speak about more than anything else: inflation. Earlier this month, the Office for National Statistics (ONS) confirmed inflation hit 3.8 per cent in the year to September, nearly double the Bank of England’s target rate. The IMF and the OECD said the UK [...]