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© 2025 a º£½ÇÊÓÆµ
London
09:26, 2 DEC 2025
Bank of England warns of rising global risks as it cuts capital rules for lenders
Economy
The central bank has warned of an increasing threat to financial stability even as it reduced capital requirements for º£½ÇÊÓÆµ banks
Bookmark
OBR boss Richard Hughes resigns after Budget Day leaks
The Budget
He said he would take full responsibility for technical errors that led to the OBR's 'worst failure' in its 15-year history
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Bakery chain Gail's to open 40 new º£½ÇÊÓÆµ stores
Food and Drink
The announcement follows significant expansion by the company over the last financial year
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Virgin Media hit with £23.8m Ofcom fine over treatment of vulnerable customers
By City AM
The regulator has handed out its biggest fine of the year
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Businesses are changing hiring strategies after Budget, poll suggests
Employment
Bosses also fear their companies will be targeted with further tax rises in the near future.
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House prices fall in London and Southern England but continue to rise in North and Wales
property news
Uncertainty around the Budget contributed to a dip in buyer demand in recent weeks
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Autumn Budget 2025: Everything you need to know about major tax rises, spending measures and business impact
The Budget
Chancellor Rachel Reeves has delivered her second Budget
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Hargreaves Lansdown backs º£½ÇÊÓÆµ investment hub plans in Rachel Reeves' Budget
The Budget
The Bristol-headquartered financial services platform said the move was a 'welcome boost' for British investment culture
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National Express owner Mobico slashes jobs in cost cutting drive
Transport
Shares fell as much as 14% after the announcement but have since recovered
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Farmers park tractors in Westminster on Budget Day despite Met Police ban
The Budget
The protest is in response to Rachel Reeves' plans to introduce a 20% tax on agricultural land and businesses worth more than £1m
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Farmers banned from bringing tractors to Budget Day protest outside Parliament
The Budget
While people will still be able to demonstrate, conditions have been put in place to prevent people bringing vehicles to the event
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Rachel Reeves says public ‘angry at unfairness’ in economy ahead of Budget
The Budget
The Budget is being announced on Wednesday and the Chancellor has described it as being 'for the British people'
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English mayors to gain tourist tax powers
Hotels
Mayors including Andy Burnham, Steve Rotheram and Helen Godwin will be able to impose levies on hotel stays to fund local projects, despite hospitality sector opposition
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Cornwall to London flights resume as Skybus takes over route
Transport
Flights were cancelled last month after previous operator Eastern went into administration and grounded its fleet
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Business secretary apologises for Budget rumours and pledges to cut energy costs for companies
The Budget
Peter Kyle will address a CBI conference later today outlining his plans to boost the economy
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º£½ÇÊÓÆµ government borrowing surges past expectations in Budget blow
The Budget
Public sector borrowing in October was £2.2bn higher than anticipated, with the total borrowing figure this financial year exceeding £100bn
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Nando's to open 14 º£½ÇÊÓÆµ restaurants as profits soar
Food and Drink
The announcement by the chicken chain follows the launch of a dozen new sites in Britain this year
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º£½ÇÊÓÆµ inflation falls slightly but remains a Budget challenge for Rachel Reeves
The Budget
Figures show some easing in gas and electricity prices
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Competition watchdog launches investigation into eight firms over online pricing practices
Retail & High Street
The CMA is also writing to 100 businesses outlining concerns about the use of additional fees and sales tactics
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FRP Advisory snaps up London financial services firm for £6.7m
Deals
The deal is FRP's fifteenth acquisition since its IPO in 2020
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Rachel Reeves abandons plans to increase income tax in Autumn Budget
The Budget
According to some, the move would have broken Labour's pledge to not raise taxes on 'working people'
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Burberry reports reduced losses and sales growth amid strategic overhaul
Fashion
The luxury fashion brand is targeting £100m in cost savings by 2027 via its 'Burberry Forward' plan
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º£½ÇÊÓÆµ economy barely grows in third quarter in final figures before Budget
Economy
City analysts have warned there could be a recession 'looming'
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Fuller's boss slams 'lack of clear plan' from Chancellor ahead of Budget
London
Simon Emeny said the government needed 'new ideas, new thinking' to live up to its ambition to grow the economy
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