Reeves’ deregulation agenda won’t help growth this parliament, economist warns November 5, 2025 Rachel Reeves’ deregulation agenda is unlikely to make any improvement to economic growth before the end of this parliament, a leading economist has warned, in the latest sign the government’s growth mission is running out of steam. Professor Stephen Millard, Deputy Director of the National Institute for Social and Economic Research (NIESR) said it would [...]
Rachel Reeves blames everyone – apart from herself November 5, 2025 The Chancellor’s speech yesterday was really very odd indeed. It benefited from all the gravitas of a Downing Street address to the nation, but was remarkably thin on substance. She created an atmosphere of high drama but left her audience with nothing but questions to which she was unable or unwilling to provide an answer. [...]
Autumn Budget: Reeves must cure British ‘pessimism’ disease November 5, 2025 Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, chief executive of Peel Hunt urges Reeves to use the Budget to start the cure for British pessimism. As Rachel Reeves ruminates over which tax prescription to write to fill her fiscal black hole, [...]
ISA reform could bring £16bn into UK equities each year November 4, 2025 The government could bring a much-needed boost to UK markets with one simple, tax-neutral measure, argues Richard Staveley, manager of UK small-cap investment trust Rockwood Strategic. ISAs are undoubtedly much loved in the UK, with more than 22m accounts and around £775bn in total assets, which exceeds the amounts saved into defined contribution pension schemes. [...]
Lawyers warn Reeves: Don’t destroy £60bn industry over LLPs gambit November 4, 2025 The legal industry has slammed Chancellor Rachel Reeves’ proposed tax hike on LLPs, saying the move “could harm one of the UK’s most globally competitive sectors.” As she aims to fill the fiscal black hole, Reeves is reportedly targeting limited liability partnerships (LLPs) for a tax raid for the first time. The LLP model, used [...]
Income tax rise could cause a fresh wave of Brits to move abroad November 4, 2025 Income tax rises in the upcoming Budget would force an increased number of Brits to consider a move abroad, a leading international removal company has warned, adding that hiking the tax would lead to “a great Q4 for companies like mine.” Speculation surrounding a rise in income tax in Chancellor Rachel Reeves’ November Budget has [...]
Bank of England expected to hold interest rates in tight decision November 4, 2025 The Bank of England is expected to hold interest rates at four per cent despite some City forecasters suggesting that the votes of the Monetary Policy Committee (MPC) could tilt towards a 25 basis point cut. City traders believe the Bank will keep interest rates on hold to curb high inflation, which is nearly double [...]
Booming Manchester outshines ‘stagnant’ London November 4, 2025 Greater Manchester’s booming economy is outstripping the rest of the country and throwing into sharp relief the “stagnant” state London has found itself in since the 2008 financial crisis, according to a new report. As Chancellor Rachel Reeves sets out the productivity challenges facing the UK ahead of the Budget, new analysis from Oxford Economics [...]
Pound sinks to seven-month low after Reeves spikes tax fears November 4, 2025 The pound took a plunge this morning after Chancellor Rachel Reeves spooked the markets with a speech laying the groundwork for big tax hikes in her Autumn Budget. Sterling fell to its lowest since April against the dollar this morning at $1.30 – a 0.46 per cent loss today alone. The pound was also struggling [...]
‘We all have to do our bit’ – Reeves primes Brits for tax hikes November 4, 2025 Rachel Reeves has refused to rule out hiking taxes on millions of Brits as she said everybody will have to “contribute” to fix the UK economy. At a speech on Tuesday, the Chancellor said this year’s Budget would look to address the low productivity, curb inflation in order to prompt fresh interest rate cuts and [...]
