‘We’ve been lied to’: Hospitality in uproar over business rates overhaul November 28, 2025 A 5p reduction in business rates for hospitality and retail was held up by the Chancellor as a sign the government was listening to their concerns. But – writes Ali Lyon – as business owners calculated what it meant for their bottom line, they discovered that the devil was in the detail. It was supposed [...]
Reeves’ Budget tax hikes stopping Monsoon owner’s growth November 28, 2025 The owner of Monsoon and Accessorize has warned the tax rises introduced by Chancellor Rachel Reeves are forcing it to stop investing in its growth. Adena Brands, which is owned by Peter Simon, is “focusing on reducing our cost base over investing in growth” until it sees signs of strengthening consumer demand. The business added [...]
Ashes: England cricket fans spend big to get over first Test defeat November 28, 2025 England’s travelling cricket fans splashed the cash in the aftermath of defeat in the first Ashes Test but locals tightened their belts despite Australia’s win, data shows. The Barmy Army spent 59 per cent more in the days immediately after the match, which ended inside two days in Perth, figures shared by Revolut with City [...]
Business leaders fear more tax rises are on the way November 28, 2025 Businesses leaders are bracing for more tax rises even following another hefty cash raid from Rachel Reeves in her second Autumn Budget. Over two thirds of top bosses have said they fear business leaders will be targeted with more tax hikes even after the Chancellor raised taxes to the tune of £26bn on Wednesday. A [...]
Selhurst Park among 22 stadiums for 2035 Women’s World Cup November 28, 2025 Selhurst Park, the home of Crystal Palace, Birmingham City’s planned new stadium and Wrexham’s Racecourse Ground are set to host games at the Women’s World Cup in 2035. They are among 22 venues – along with the more established likes of Wembley, the Principality Stadium, Hampden Park and Windsor Park – proposed by the football [...]
Rachel Reeves’ benefit handouts are unchristian, Badenoch says November 28, 2025 Kemi Badenoch has argued that Rachel Reeves’ welfare splurge in the Autumn Budget is inconsistent with Christian values, as she blasted the Labour government for raising taxes to fund increased spending. The Chancellor hiked taxes by £26bn on Wednesday to fund a massive injection of cash into welfare benefits, including the controversial decision to lift [...]
Property market slows on uncertainty and high moving costs bite November 28, 2025 The number of houses changing hands in the UK slowed year on year in October due to budget uncertainty and the high cost of moving. UK residential transactions in October 2025 reached 98,450, 2 per cent lower than October 2024, according to HMRC. “Today’s transaction results show a mixed-bag… in the main we saw a [...]
Essensys founder explores takeover as company woes continue November 28, 2025 Essensys founder Mark Furness is exploring a potential takeover of the company, as it continues to run into financial challenges. Furness, who founded the software and technology company in 2006, has submitted a preliminary proposal to fully acquire the company, which would bring it back into private ownership just six years after completing its London [...]
R360 launch delayed until 2028 after unions threaten players with bans November 28, 2025 R360 chiefs insist they remain “absolutely determined to bring it to life at full scale and with maximum global impact” after delaying the launch of the rugby franchise league until 2028. Organisers and investors including City grandee Martin Gilbert and former England international Mike Tindall had intended to start the globetrotting competition in 2026 but [...]
Reeves to rush pension tax raid into law to calm nervous markets November 28, 2025 Chancellor Rachel Reeves is to rush through laws to enact her Budget, in a bid to reassure nervous markets that tax increases will be implemented even if they are not set to take effect for several years. Legislation to raise tax on pension contributions made through salary sacrifice schemes is expected to be introduced before Christmas, according [...]
