Flight prices set to jump as regional airports set for rocketing tax bills December 29, 2025 Air passengers are being warned to brace for flight prices to jump as regional airports across the UK face “unprecedented” rises in property tax next year. Analysis of official Government data for the Press Association has revealed regional airports are among those facing the steepest increases in business rates of any sector in the UK [...]
Center Parcs: UK pension funds in talks for stake in holiday giant December 27, 2025 A number of Britain’s biggest public sector pension schemes are understood to be eyeing a stake in the holiday giant Center Parcs after the Treasury ramped up its efforts for funds to invest in UK-based assets. The Greater Manchester Pension Fund (GMPF), the London-based Local Pension Partnership (LPPI) and the Edinburgh-based Lothian Pension Scheme are [...]
Starmer’s future hinges on May election reckoning, polling expert says December 27, 2025 The future of Sir Keir Starmer’s premiership hinges on the forthcoming May elections where the Labour party is expected to take a bruising, a polling expert has said. Conservative peer Lord Robert Hayward said: “A few months ago it looked as if May 7 would be decisive for the leaderships of both Labour and Conservatives. [...]
UK to slide down world rankings on GDP per capita by 2030, report finds December 26, 2025 The UK is set to slip down the world rankings of GDP per capita by the end of the decade after being weighed down by “subpar” growth, a new report has said. The British economy will fall from its current rank of 19th to 21st next year and down further still to 22nd by 2030, [...]
Lawyers warn farmers: Labour’s U-turn on IHT threshold “not an all-clear” December 24, 2025 Lawyers warned that, despite Labour’s U-turn on the inheritance tax relief threshold for farms, many agricultural families may still be impacted, and significant tax burdens may remain for some estates. In a whiplash U-turn, the Labour government revealed on Tuesday that, after a year of backlash from rural communities, it would increase the Agricultural and [...]
Keir Starmer urges public to ‘reach out’ as he acknowledges cost-of-living struggle December 24, 2025 Prime Minister Keir Starmer has acknowledged that many are “still struggling with the cost of living” in a Christmas message posted on Wednesday morning. He said “we should each do our bit” as he urged people to “call around to a neighbour, check in on a friend or a relative who you haven’t heard from [...]
Can you complete City PM’s economics quiz of 2025? December 24, 2025 Test your knowledge with City PM‘s Economics Quiz of 2025. The first full calendar year of the Labour government has not been particularly pretty for the UK economy. The unemployment rate has edged up to 5.1 per cent, inflation rose far above the Bank of England’s 2 per cent target rate and economic activity was [...]
Regulators show their teeth – financial services fines in 2025 December 24, 2025 UK watchdogs sharpened their sword in 2025 and slapped a handful of financial services firms with hefty fines and a thorough dressing down. In just under a week alone in July, the Financial Conduct Authority and Bank of England handed out £74.9m worth of fines to a trio of financial services giants. But it was [...]
Labour U-turns on inheritance tax raid after year of farmer protests December 23, 2025 The Labour government will raise the inheritance tax relief threshold for farms in another dramatic U-turn following a year of backlash from rural communities. On Tuesday, the Treasury and Department for Food and Rural Affairs said it would increase the Agricultural and Business Property Reliefs threshold to £2.5m from £1m when it is introduced in [...]
Hedge fund tycoon Alan Howard quits UK for Switzerland December 23, 2025 The co-founder of Brevan Howard Asset Management, Alan Howard, is the latest wealthy individual to exit the UK following tax hikes imposed by the Labour government. The hedge fund tycoon relocated from Britain to Switzerland in early June, according to an analysis of UK registry filings by Bloomberg. Howard had previously moved from London to [...]
