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Rachel Reeves

  • Budget: More than sport at stake when it comes to betting tax hikes

    September 9, 2025

    Today marks my first anniversary as chief executive of the Betting and Gaming Council. It’s a privilege to represent an industry that contributes billions to the economy and plays such an integral role in British sport and culture. But it’s also a moment of real jeopardy for our sector, and for the sports and communities [...]

  • Starmer’s new team faces same old problem

    September 9, 2025

    Good news from Downing Street as we’re told that economic growth is back on the agenda. Keir Starmer’s revamped cabinet meets for the first time today and the prime minister will apparently tell this bright new team to “step up a gear” and focus on the economy. The briefings that accompanied the wave of new [...]

  • 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, [...]

  • Investors focus on securing family’s financial future ahead of tax changes

    September 9, 2025

    UK investors are prioritising passing on their wealth to family members in order to avoid the damage of looming tax raids, fresh research has found. Over 50 per cent of people approaching retirement ranked passing on wealth as a top priority, up from 32 per cent in 2023, according to a survey from BRI wealth [...]

  • Firms are needlessly ‘gold plating’ Consumer Duty rules, FCA policy director says

    September 9, 2025

    Scores of wholesale financial services firms are needlessly “gold plating” their compliance with Consumer Duty rules, the financial watchdog’s policy chief has claimed, as the regulator pushes back over concerns the rules have become too burdensome for businesses. Charlotte Clark, director of cross-cutting policy and strategy at the Financial Conduct Authority (FCA), admonished companies who [...]

  • No 10 backs ‘fed up’ Londoners in tube strikes row – as pressure grows on Khan

    September 8, 2025

    No 10 has backed “fed up” Londoners hit by tube strikes on Monday as Mayor Sadiq Khan was urged to find a solution with the trade union RMT to end industrial action.  People across the capital have been hit by strikes stopping services on the London Underground, with disruption to last until Friday.  The prime [...]

  • UK infrastructure funding set to break record highs

    September 8, 2025

    UK infrastructure financing deals are on track to reach a record high this year as investors compete to secure assets while the government signs off on a number of major new projects. According to analysis from data provider Infralogic, roughly $38bn (£28.13bn) of debt was issued in the first eight months of this year on [...]

  • Starmer to back unions over businesses amid backlash over Employment Rights Bill

    September 8, 2025

    Keir Starmer is set to push back against business-led amendments proposed by the House of Lords to water down the Employment Rights Bill, as the government is backing unions’ calls for workers’ rights to be strengthened. MPs are set to consider changes proposed in the Lords to replace a new right against unfair dismissal from [...]

  • Hargreaves Lansdown and Schroders agree investment tie-up

    September 8, 2025

    Hargreaves Lansdown and Schroders Capital have sealed a tie-up to open up private assets opportunities to thousands more investors. The partnership will offer access to private investments, known as long-term asset funds (LTAFs), to Hargreaves Lansdown’s customers via self-invested personal pensions (SIPPs). The new style pensions will allow retail investors to invest in private assets [...]

  • Brits losing out on hundreds of pounds in iPhone upgrades 

    September 8, 2025

    Brits who upgrade their iPhones are losing hundreds of pounds due to the rapid depreciation of big ticket tech items, according to new analysis. With the launch of the iPhone 17 set for Tuesday – holding a hefty price tag of £900 – those choosing to upgrade from old models will be met with a [...]

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