UK government denies brain drain due to high tax burden November 27, 2025 The UK government has denied that more Brits are leaving the country because of a higher tax burden. The Prime Minister’s spokesman denied suggestions that tens of thousands of Brits were fleeing the country due to higher taxes after the Budget raised the burden by another £26bn to a historic high. City PM analysis showed [...]
Reeves criticised over lack of action on ballooning clinical negligence costs in Budget November 27, 2025 A leading medical defence organisation has criticised the Chancellor for missing the opportunity to tackle the ‘eye-watering’ NHS clinical negligence bill. In a statement following the Budget, Tom Reynolds, director of policy and communications at Medical Defence Union (MDU), explained that the “current system has led to legal fees ballooning to nearly four times the [...]
Formula 1: Drive to Survive maker rakes in millions November 27, 2025 Turnover at the maker of hit Netflix Formula 1 documentary series Drive to Survive surged by almost 70 per cent during its latest financial year, it has been revealed. Box To Box Films has reported a turnover of £73.1m for the 12 months to 31 March, 2025, according to new accounts filed with Companies House. [...]
‘Fiscal fiction’: IFS challenges Reeves’ tax measures November 27, 2025 The Chancellor may need to come back for more tax rises at a future Budget, according to the Institute for Fiscal Studies (IFS) which warned much of the headroom Rachel Reeves carved out for herself relied on “near heroic restraint” on departmental spending in an election year. Helen Miller, the think tank’s director, said that [...]
How will the Budget impact your personal finances? November 27, 2025 It’s the day after Rachel Reeves’ crunch Budget, and while the Office of Budget Responsibility leak may be the main talking point, after months of speculation we finally know how personal finances will be impacted. As expected, Reeves extended income tax freezes and introduced a range of smaller taxes, in moves that are expected to [...]
Leak and Let Die: OBR calls in former spook to investigate early Budget release November 27, 2025 The embattled Office for Budget Responsibility (OBR) has brought in a former top spook to investigate how its entire forecast was published early before Rachel Reeves stood up to deliver the Budget. Alongside the watchdog’s oversight board, Ciaran Martin, former chief of the National Cyber Security Centre – part of the security services – will [...]
David Lammy avoids urgent questions on jury scrapping plans November 27, 2025 Justice secretary David Lammy was a no-show at urgent questions in the House of Commons on Thursday, prompting Robert Jenrick to ask about his whereabouts as the justice minister took his place. The questions stem from a leaked memo reported on Tuesday, in which Lammy proposed scrapping some jury trials to tackle the backlog of [...]
Banks keep up their end of Rachel Reeves’ tax bargain November 27, 2025 The banking industry has given Rachel Reeves some much-needed ammunition as she attempts to defend her tax-heavy Autumn Budget. After being spared from a highly-anticipated cash grab, a fleet of banks announced a fresh pump of capital in the UK economy. Britain’s largest retail bank Lloyds Banking Group unveiled £35bn of new finance for 2026 [...]
UK markets need radical reform, not the Chancellor’s endless tweaks November 27, 2025 ISA reform and stamp duty relief are sticking plasters for a stock market that needs major surgery, writes Tim Focas.
Big Tech pays up as Reeves keeps digital tax November 27, 2025 The Treasury slipped out its long-awaited review of the UK’s Digital Services Tax alongside yesterday’s Budget – and despite months of diplomatic sabre-rattling from Washington, the government is digging in. Big Tech, it seems, will still have to cough up. The report, required by legislation and published with all the enthusiasm of a rainy Tuesday, [...]
