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Business

  • Labour to hold fire on ‘fish disco’ nuclear power reform due to ‘legal advice’

    November 25, 2025

    The Labour government is set to hold fire on pushing through sweeping reforms to nuclear energy due to a legal adviser’s concerns over the “UK’s environmental, trade  and human rights obligations”, it has been reported.  The Innovate UK member John Fingleton published a damning report on red tape blocking the expansion of the country’s nuclear [...]

  • David Lammy proposing to scrap some jury trials to tackle backlog

    November 25, 2025

    As the criminal justice system continues to crumble, the justice secretary David Lammy is reportedly proposing a major shake-up that would scrap some jury trials. Currently, all criminal trials are heard in front of a jury that decides on the accused’s fate; however, Lammy’s proposal will see jury trials only for murder, rape or manslaughter [...]

  • Budget whiplash: How bank shares were hit by the Treasury’s ‘hokey cokey’ leaking

    November 25, 2025

    Last week the House of Commons speaker reprimanded the Treasury for what he called a “hokey cokey” Budget. “Can I just say it isn’t normal for a Budget to be put in the press,” Sir Lindsay Hoyle said in his dressing down of ministers. “One minute it’s in, next minute it’s out.”  Few sectors have [...]

  • It’s not just LISAs: Stamp duty land tax is a London problem too 

    November 25, 2025

    Getting on the property ladder is getting harder and harder for young people. Dwindling housing supply coupled with growing demand for property has left sellers receiving offers significantly above the asking price, with squeezed buyers turning to family members to fund ballooning deposits. But the costs do not end when the keys are handed over. [...]

  • England rugby chiefs axe bonus scheme that led to coup attempt on CEO Sweeney

    November 25, 2025

    The Rugby Football Union (RFU) has scrapped the controversial long-term incentive plan (LTIP) that led to a major rebellion against CEO Bill Sweeney earlier this year.  Sweeney faced and survived a vote of no confidence in February after it emerged that he had been paid £1.1m in 2023-24 despite the RFU making a loss of [...]

  • Reeves urged to back AI in Autumn Budget to drive growth

    November 25, 2025

    Chancellor Rachel Reeves is under pressure to deliver a decisive push for AI in tomorrow’s highly anticipated Autumn Budget, with industry leaders calling for billions in investment, thousands of jobs, and a clear roadmap for UK growth. The government has already attracted more than £78bn of private investment in AI, with a further £24.25bn committed [...]

  • Budget: Sugar tax to be extended to milkshake and lattes

    November 25, 2025

    Pre-packaged milkshakes and lattes are set to be included in the government’s new ‘sugar tax’ as it attempts to tackle obesity in the UK. The labour government is set to end the exemption for milk-based drinks from the tax on sugary drinks, although the move would not include drinks made in cafes and restaurants. Chancellor [...]

  • Westfield issues retail taxes warning ahead of Budget

    November 25, 2025

    Shopping centre giant Unibail-Rodamco-Westfield has warned that higher taxes for the retail industry in tomorrow’s Autumn Budget would lead to inflation and low investment. Reeves’ second Budget is widely expected to reveal a range of tax hikes after a bruising year for productivity and GDP growth. Crucially for retail, the Chancellor is expected to unveil [...]

  • BCC boss: Enough taxes. The Budget must tell a positive story

    November 25, 2025

    Last autumn, the British Chambers of Commerce and its members were left shell-shocked when a party that promised to be the most ‘pro-business in history’ used its maiden Budget to deliver a succession of hammer blows to the private sector. Having shouldered the burden last year, boss Shevaun Haviland wants this year’s instalment to paint [...]

  • Budget: Odds to be slashed if betting industry taxed higher, Reeves warned

    November 25, 2025

    Tax rises for the betting sector in tomorrow’s Budget could leave punters with worse odds across all sports, say industry spokespeople. Chancellor Rachel Reeves may target so-called “sin taxes” on Wednesday as she looks to fill a fiscal black hole, with the gambling sector expected to be hit. Reeves could exempt flutters on horse racing [...]

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