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  • 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 [...]

  • Reeves wants to protect today’s poor by ruining all our tomorrows

    November 25, 2025

    If Reeves really cared about the less well off, she would understand they can only be protected with an affluent society, writes Ewen Stewart.

  • 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 [...]

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