London house prices slump following Budget chaos December 17, 2025 London house prices have fallen by more than two per cent year on year, as Budget chaos took its toll on a volatile housing market. The average house price in London for October was £547,000, down 2.4 per cent from the previous year, according to the Office for National Statistics (ONS). Property experts said this [...]
UK exports forecast downgraded as Labour fails to kickstart trade December 11, 2025 British export growth will fall by almost half next year, a business forecaster has said, with Labour’s string of deals failing to improve hopes of a revival in international trade. The Labour government has made trade a key lever to boost growth prospects, using new deals with the likes of the EU and India to [...]
Landlords bar Labour MPs from pubs as hospitality backlash mounts December 11, 2025 Hundreds of landlords have barred Labour MPs from their pubs as the hospitality sector stepped up its condemnation of a controversial business rates overhaul announced at last month’s Budget. Publicans across the country have locked their doors to Labour politicians, claiming the tax changes will disproportionately harm hospitality and push more boozers to the wall. [...]
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 [...]
Budget: Octopus boss Greg Jackson hails cuts to energy bills November 26, 2025 Octopus Energy boss Greg Jackson has hailed the cuts to energy bills announced in today’s Budget, as the Chancellor slashed multiple renewable levies. Jackson welcomed the energy bill cuts as a “positive step” as Rachel Reeves described energy costs as “one of the greatest drivers of the rising cost of living”. Reeves said she will scrap [...]
Construction sector delivers growth warning ahead of Budget November 26, 2025 The economic growth being promised by the government is in jeopardy unless the Budget delivers a boost for the construction industry, sector leaders have warned. Figures within the construction industry have said the delivery of key Labour infrastructure projects is at risk unless Rachel Reeves offers the “clarity and stability” needed by the sector to [...]
Everything we know about Rachel Reeves’ Budget – from mansions to milkshakes November 24, 2025 In the run-up to the mother of all Autumn Budgets to be delivered by Chancellor Rachel Reeves this week, tax rumours have run wild, infecting the minds of businesses and working Brits while adding to the sense of peril that a botched fiscal event could bring. Investors are running scared. Voters fear looming betrayal. Gamblers [...]
Brits delay moving houses over Budget fears November 20, 2025 Nearly one in five Brits considering moving house have stalled their plans ahead of the Budget, a new survey has indicated, in a fresh warning to the Treasury about the damage caused by leaks and speculation. Around 17 per cent of potential movers surveyed by property website Rightmove said they have paused their plans to [...]
Government backs plans to digitise homebuying November 20, 2025 Labour has backed a new initiative to “revolutionise” homebuying by embracing technologies, with failed deals costing the economy nearly £1bn every year. The project will see the Centre for Finance, Innovation and Technology (CFIT) work in coalition with multiple government departments, including the department for business and trade and the ministry for housing. The initiative [...]
London, Manchester and Edinburgh to bear the brunt of mansion tax November 19, 2025 A mansion tax in next week’s Budget could stifle property markets and disproportionately harm homeowners in London, Manchester and Edinburgh, tax experts have warned. Rachel Reeves is reportedly planning a mansion tax raid on high-value properties, as she takes a “smorgasbord” approach to the Budget after last week’s dramatic income tax U-turn. The Chancellor has [...]
