Budget risks stifling UK sports stars of tomorrow, industry warns Reeves November 24, 2025 Chancellor Rachel Reeves risks cutting off the UK’s pipeline of sporting talent with reform of business rates in the Autumn Budget, industry leaders have told City AM. In a wide-ranging survey of governing bodies and other stakeholders across the sector, expected changes to business rates due to be announced by Reeves tomorrow and take effect [...]
What sport wants from the Budget: UK industry leaders share hopes and fears November 24, 2025 Ahead of the Autumn Budget on Wednesday, City AM asked decision-makers from across the UK’s sport sector what they are hoping to hear from Chancellor Rachel Reeves. UK Athletics – Jack Buckner, CEO Major sporting events drive sport. They make us feel good, but they also are profitable. They generate income. It’s challenging putting on [...]
Bosses warn Reeves against ‘stop-start economy’ November 24, 2025 The boss of one of the UK’s largest industry groups has called on Chancellor Rachel Reeves to avoid taking measures that lock in the country’s “stop-start economy” in a pre-Budget speech ratcheting up pressure on the government to unleash growth. In a landmark speech on Monday, Rain Newton-Smith, the chief executive of the Confederation of [...]
Nando’s makes cheeky profit after losing more than £600m November 24, 2025 Nando’s has warned Rachel Reeves’ tax hikes will eat into its bottom line despite it returning to profit for the first time since 2016. The business has posted a pre-tax profit of £38.2m for the 12 months to 23 February, 2025, new accounts filed with Companies House have revealed. The profit comes after the restaurant [...]
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 [...]
UK construction productivity still stuck in the 90s, warns industry body November 21, 2025 Productivity in Britain’s construction sector is now lower than in 1997, according to a new report. Decades of under-investment have left delivery capacity “dangerously thin”, a new report by Oxford Economics for the Construction Plant-hire Association (CPA), Half-Built Britain, has warned. CPA chief Steven Mulholland said the report should serve as a “wake-up call” for [...]
Lack of London office space a ‘major economic risk’, Reeves warned November 20, 2025 London Property Alliance has called on Chancellor Rachel Reeves to recognise offices as essential economic infrastructure to boost the capital’s competitiveness. The organisation said that London faces planning barriers, rising costs and a shrinking supply of modern office space, with a 54 per cent drop in major planning applications over the past decade. “The Chancellor… [...]
In Ponzi scheme Britain, parenthood is a luxury November 20, 2025 The promise that if you work hard, you will be able to own a home and raise a family is breaking down in real time, says new dad Simon Clarke I am about to do something that an uncomfortable number of British men cannot: become a Dad again. A little boy, since you ask. It [...]
Autumn Budget: BrewDog boss issues £1bn warning to Rachel Reeves November 19, 2025 The hospitality sector needs to sell almost one million extra pints every hour in order to cope with a £1bn cost surge thanks to Chancellor Rachel Reeves’ tax hikes, the chief executive of BrewDog has warned. James Taylor, who took on the job earlier this year, said Reeves needs to take ‘meaningful action’ because of [...]
Knife edge: Hospitality calls on government to serve up change November 19, 2025 Industry insiders – from chefs to independent brands – are calling on the Chancellor to provide real support in next week’s Budget, writes Carys Sharkey “I’d rate it one out of 10. Frankly, it’s been negligible”. Ask any chef across the country how they would rate this government’s support for the hospitality sector and you’ll [...]