Rachel Reeves’ tax hikes are ‘taking Britain back to 1980s’ as investors turn their backs September 15, 2025 Britain’s jobs market is being hollowed out just like it was in the 1980s thanks in part to Chancellor Rachel Reeves’ tax hikes, the chief executive of recruitment giant Reed has said, as the CBI warns the country is now seen as a less attractive place to invest than five years ago. James Reed said [...]
Can Peter Kyle deliver a Budget lifeline for UK’s SMEs? September 15, 2025 Chancellor Rachel Reeves is set to deliver her Autumn Budget on 26 November, nearly a month later than usual, and eyes are on what she will do for the SMEs. With borrowing costs hitting their highest levels since 1998, and servicing the national debt topping £100bn a year, the government has been urged to maintain fiscal [...]
Aldi issues Budget warning as profit slashed September 15, 2025 Profit at discount supermarket giant Aldi was slashed by more than £100m during its latest financial year despite sales passing the £18bn mark. New figures released by the chain show its operating profit declined from £552.9m to £435.5m in 2024. Aldi said the fall was as a result of it continuing to “lower prices for [...]
Rachel Reeves’ tax raids drag UK to world’s worst hiring slump September 9, 2025 Chancellor Rachel Reeves’ tax raids on employers have continued to harm the economy with fresh figures showing the UK had the worst hiring slump across the globe. The UK suffered the biggest global drop in year-on-year planned hiring, contracting 17 percentage points. Singapore, Hungary and Finland, which followed, all contracted nine per cent, according to [...]
Brits resort to ‘job-hugging’ as tax hikes bite September 9, 2025 Workers are now resorting to ‘job-hugging’ after last year’s Labour tax raid had a chilling impact on the UK jobs market. The £40bn cash grab, unveiled by Rachel Reeves in last year’s Autumn Budget, has triggered a significant slowdown in hiring and has resulted in substantial job losses nationwide. As a result of these changes, [...]
How likely are property tax reforms in the Autumn budget? September 3, 2025 Rumours have been swirling in Westminster about a variety of property tax changes Rachel Reeves might introduce in this Autumn’s budget – or further down the line – in an attempt to plug a £40bn gap in the nation’s finances while overhauling a complex system of levies and charges. The Treasury is reportedly looking into [...]
National Insurance ‘final nail in coffin’ for landlords as some already seek exit August 29, 2025 A national insurance raid on landlords’ rental income risks being the final straw for smaller landlords, with some already making plans to leave the sector. The Chancellor is reportedly examining proposals for applying national insurance (NI) to rental income in the hope of raising £2bn. Earnings from property, pensions and savings are currently largely exempt from NI [...]
Watch: Are we on the brink of a financial crisis? August 28, 2025 This might be the calm before the storm; the final stretch of a summer holiday that we might look back on as heady days before things turned very nasty indeed. Yesterday I interviewed the Prime Minister, the Chancellor and the Business Secretary – all lined up in the Morning Wire studio. The video will be [...]
Reeves to consider national insurance on landlords’ rental income August 28, 2025 Rachel Reeves is considering a tax increase for UK landlords in this year’s Autumn budget as she attempts to fill a £40bn hole in the public finances. The Chancellor is examining proposals for applying national insurance (NI) to rental income in the hope of raising £2bn. Officials are drawing up options for tax rises in [...]
Butlin’s boss: We’re not going to tax ourselves to success August 26, 2025 The chief executive of holiday park chain Butlin’s has hit out at Chancellor Rachel Reeves after saying increases taxes on businesses is not the way to improve the UK economy. Speaking on an up-coming episode of Morning Wire‘s Boardroom Uncovered show, Jon Hendry Pickup said the country is “not going to tax ourselves to success” [...]