Banks keep up their end of Rachel Reeves’ tax bargain November 27, 2025 The banking industry has given Rachel Reeves some much-needed ammunition as she attempts to defend her tax-heavy Autumn Budget. After being spared from a highly-anticipated cash grab, a fleet of banks announced a fresh pump of capital in the UK economy. Britain’s largest retail bank Lloyds Banking Group unveiled £35bn of new finance for 2026 [...]
UK markets need radical reform, not the Chancellor’s endless tweaks November 27, 2025 ISA reform and stamp duty relief are sticking plasters for a stock market that needs major surgery, writes Tim Focas.
Relief for Cirata after FCA closes investigation November 27, 2025 Cirata execs have breathed a sigh of relief after the financial regulator closed a two-year investigation into the software firm, drawing a line under the dramatic events that caused the firm’s stock to plummet. In March 2023, Cirata – or Wandisco, as it was then known – revealed it had massively overstated its sales figures, [...]
FTSE 100 Live: Entain, Flutter sound alarm in Reeves’ tax raid aftermath November 27, 2025 Good morning and welcome back to the Morning Wire liveblog. The dust has settled on the Labour government’s second Autumn Budget and Brits have been left reeling from a £26bn tax raid. Taxes collected as a share of GDP are set to jump to an all-time high in the coming years, according to the Office [...]
City minister: This Labour Budget will strengthen capital markets November 26, 2025 This Budget introduces reforms to strengthen the UK’s capital markets, notably with the new UK Listing Relief to abolish Stamp Duty Reserve Tax for three years after listing, and ISA reform to boost retail investment, all aimed at fostering a long-term, modern economy that supports British companies and savers, says Lucy Rigby This government is [...]
Autumn Budget: Pay-per-mile tax ‘completely wrong move’ November 26, 2025 Chancellor Rachel Reeves has hit electric vehicles with a pay-per-mile tax which will cost the average driver £255 per year and raise £1.1bn for the Treasury. Reeves delivered the expected 3p pay-per-mile tax for electric vehicles (EVs) at today’s Budget, which she framed as a fairness measure to balance the costs facing drivers. The OBR, the independent fiscal [...]
WATCH LIVE: Morning Wire reacts to the Budget November 26, 2025 After months of speculation and mounting political drama, Rachel Reeves has delivered her second Budget. Morning Wire‘s team has all the latest news throughout the day on our Live Blog via morningwire.eu and the Morning Wire App, along with a special livestream broadcast from the heart of the Square Mile at 2pm. Broadcasting live from the London Stock Exchange, Morning Wire‘s Editor [...]
Autumn Budget: Reeves launches stamp duty holiday for new listings November 26, 2025 Chancellor Rachel Reeves has launched a three-year stamp duty holiday for new debut companies on the London market in her latest attempt to attract listing candidates. The Treasury’s new plans, announced as part of today’s Autumn Budget, will drop the 0.5 per cent rate paid by investors when purchasing shares in newly listed companies for [...]
The future could still be golden for Amigo Loans shareholders November 26, 2025 It’s been a rough old ride for the shareholders of Amigo Loans. The company began life as a subprime, guarantor lender in 2005 and picked up a load of customers fast, helped along by its weird TV adverts featuring blue plasticine figurines. It listed on the London Stock Exchange in 2018 and the shares initially [...]
Autumn Budget Live: Wealthy, landlords and pensions hit in £26bn tax raid November 26, 2025 Welcome back to the Morning Wire liveblog. In a shocking turn of events the UK fiscal watchdog has accidentally released the economic forecasts – intended to be published after the Budget – before the Chancellor even took to the despatch box. Rachel Reeves has raised taxes by £26bn in her second Budget, which follows on [...]