Rachel Reeves set to cut cash ISA limit to £12,000 November 24, 2025 Savers are facing a major policy shake-up at the forthcoming Budget as Chancellor Rachel Reeves is reportedly planning to slash the annual cash ISA ceiling to £12,00 in a bid to encourage increased investment in stocks instead of hoarding cash. People close to preparations for Wednesday’s Budget said Reeves had decided to reduce the limit [...]
Fifa and Saudi Arabia team up again in $1bn stadium loans project November 24, 2025 Saudi Arabia and Fifa have demonstrated their close ties by offering up to $1bn (£760m) in soft loans for member football associations in developing countries to build or revamp stadiums. The Saudi Fund for Development has pledged to provide the finance, which Fifa said would “prioritise developing nations… helping them invest in facilities that drive [...]
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 PM. 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 PM 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 [...]
Stricken giant collapses as 650 jobs put at risk November 24, 2025 One of the UK’s largest metals recycling firms has collapsed after efforts to find a buyer for the stricken business failed – with around 650 jobs now at risk. Stratford-upon-Avon-headquartered Unimetals Recycling has filed for compulsory liquidation is now is expected to begin winding down imminently. The company, which operates 28 sites nationwide, is set [...]
Big Four giants poised to benefit from booming tech consulting spend November 24, 2025 The technology consulting market is anticipated to grow by 7 per cent in 2026, reaching over $400bn (£312bn) as businesses race to upgrade legacy infrastructure to align with new tech. According to a new report by Source Global Research, technology consultants are in high demand, with the market growing 4 per cent in 2024 and expected [...]
Business secretary admits Labour tax hikes fuelling wealth exodus November 24, 2025 The business secretary has conceded that tax hikes have sparked an exodus of rich Brits, after one of the UK’s richest people fled to Switzerland. Peter Kyle admitted that he is “worried” that super-rich business figures such as Lakshmi Mittal feel they need to leave Britain “in order to succeed”. “There are people starting businesses [...]
OBR to downgrade growth forecasts ‘in every year’ to 2030 November 24, 2025 The Office for Budget Responsibility (OBR) is set to downgrade growth forecasts at the Budget this week for every year of the forecast period amid revisions to trend productivity projections. Sky News reports that the OBR is expected to cut its growth predictions, which have been more optimistic than those published by City forecasters, in [...]
West Ham sponsor: Bookmakers won’t desert football over Premier League ban November 24, 2025 West Ham’s front-of-shirt sponsor has reassured the Premier League that the gambling industry won’t run away from football after a ban on betting partners takes effect next year. England’s leading clubs voted to voluntarily ban gambling sponsors as front-of-shirt partners in a move due to come into force at the start of next season. Over [...]
UK cyber attacks will inevitably increase, HP boss warns November 24, 2025 It is inevitable that the number of cyber attacks faced by UK companies will increase in the coming years, the Northern European boss of technology giant HP has warned. Speaking on an up-coming episode of City PM‘s Boardroom Uncovered podcast, Neil Sawyer added that businesses should “stay ahead of the game” in order to help [...]
