The pension triple lock won’t ‘last forever’, warns Labour MP November 26, 2025 A Labour MP has admitted that the pension triple lock won’t “last forever”, as the Budget fails to mention an end to the controversial scheme. Speaking live to City AM‘s Christian May and Alys Denby, Chris Curtis, MP for Milton Keynes North, said that the “triple lock inevitably cannot last forever”. He said: “That is [...]
Autumn Budget: Pay-per-mile tax ‘completely wrong move’ November 26, 2025 Chancellor Rachel Reeves has hit electric vehicles with a pay-per-mile tax which will cost the average driver £255 per year and raise £1.1bn for the Treasury. Reeves delivered the expected 3p pay-per-mile tax for electric vehicles (EVs) at today’s Budget, which she framed as a fairness measure to balance the costs facing drivers. The OBR, the independent fiscal [...]
Autumn Budget: Reeves targets job market with skills package November 26, 2025 Rachel Reeves has used today’s Autumn Budget to unveil a sweeping £1.5bn skills package aimed at tackling the UK’s entrenched labour shortages and sluggish productivity. The Chancellor said the country “cannot compete without investing in our people”, pitching the reforms as central to her long-term economic renewal plan. The measures represent the biggest shake-up of [...]
Budget: Octopus boss Greg Jackson hails cuts to energy bills November 26, 2025 Octopus Energy boss Greg Jackson has hailed the cuts to energy bills announced in today’s Budget, as the Chancellor slashed multiple renewable levies. Jackson welcomed the energy bill cuts as a “positive step” as Rachel Reeves described energy costs as “one of the greatest drivers of the rising cost of living”. Reeves said she will scrap [...]
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 [...]
Britain can’t grow while we’re spending £700m to save the life of a fish November 26, 2025 With measly growth and energy among the most expensive in the developed world, Britain's got bigger fish to fry than sealife conservation.
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 [...]
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 [...]
Traders brace for punishing Budget on pound November 25, 2025 Traders are making pre-emptive moves on the indication Rachel Reeves’ forthcoming Autumn Budget will send the pound tumbling. Investors have taken an overwhelmingly bearish view on the pound, with new trading data revealing the volume of put options – contracts that profit when sterling declines – surpassing call options, those that profit when the currency [...]