Young professionals are the hardest-hit by this punitive Budget November 27, 2025 For anyone still tempted to believe Rachel Reeves has stuck to her manifesto promise not to put taxes up on working people, let me disabuse you of the notion. As the OBR pointed out yesterday, by 2030 there will be more than 10m people dragged into paying higher rates of income tax compared to 2023, [...]
BNY wealth boss: I had a better chance winning the lottery than sitting where I am today November 27, 2025 The son of a dish washer, Jose Minaya does not take for granted his rise to BNY wealth boss. He takes us through his career in Square Mile and Me.
FinTech and sustainability: The dual engines of the UAE’s financial rise November 27, 2025 As the world accelerates its digital transformation, speed, innovation, and resilience are key for the global financial sector. Few platforms embody this convergence more powerfully than Abu Dhabi Finance Week (ADFW), a global gathering in the UAE capital, Abu Dhabi, designed to shape both regional and worldwide financial agendas. This year’s edition aims to “shape [...]
Thanks to Reeves, our economy is now a 20 mile per hour zone November 27, 2025 If, on Wednesday morning, you’d asked me how this entire Budget process could ever get more chaotic and absurd I might have said “I suppose the entire thing could leak, before the Chancellor delivers it.” Then again, I probably wouldn’t have suggested such an implausible scenario. But at 11.44am yesterday morning, just ten minutes before [...]
UK remains in ‘weak fiscal position’ after Budget November 27, 2025 The UK remains in a weak fiscal position after Wednesday’s Budget despite the Chancellor launching an historic fiscal consolidation in an attempt to shore up the public finances and avoid another tax raising budget, several top economists have warned. Rachel Reeves chose to hike taxes by £26bn via a vast combination of sector-specific levies, pension [...]
Budget 2025: Rachel Reeves announces £26bn tax raid November 26, 2025 Chancellor Rachel Reeves has announced an avalanche of tax rises on the wealthy and on working people, adding up to £26bn to fund extra spending over the next five years, as she vowed to make the country more “secure”. Her biggest announcement included freezing income tax and national insurance thresholds until 2031 to raise £11bn [...]
‘Spend now, pay later’ – Reeves drags a million more Brits into higher rate tax November 26, 2025 Nearly a million more people will be dragged into paying the higher rate of income tax as Rachel Reeves took the UK’s tax burden to an all-time high. In a Budget that aims to raise some £26bn in extra government revenue by the end of parliament, Reeves extended the income tax thresholds freeze, which economists [...]
Hardworking families will pay for Labour’s Benefits Budget November 26, 2025 Rachel Reeves has broken every single one of her promises in this year's Budget, and it's hardworking families who will pay, writes Mel Stride.
Budget: Blow to investors and startups ‘hidden’ in small print November 26, 2025 A blow to investors and early-stage businesses has been revealed in the small print of Rachel Reeves‘ Budget. The tax relief available on venture capital trusts has been slashed, according to the full Budget document released by the Treasury following Reeves’s speech in the House of Commons. While the venture capital trusts’ annual and lifetime [...]