GBP/USD 1.360 EUR/GBP 0.852 GBP/JPY 196.310 EUR/USD 1.158 GBP/AUD 2.079 USD/JPY 144.389 USD/CAD 1.356 AUD/USD 0.654 CAD/JPY 106.498 EUR/CAD 1.570 GBP/CAD 1.843 AUD/CAD 0.887 AUD/JPY 94.415 AUD/NZD 1.077 EUR/AUD 1.771 GBP/USD 1.360 EUR/GBP 0.852 GBP/JPY 196.310 EUR/USD 1.158 GBP/AUD 2.079 USD/JPY 144.389 USD/CAD 1.356 AUD/USD 0.654 CAD/JPY 106.498 EUR/CAD 1.570 GBP/CAD 1.843 AUD/CAD 0.887 AUD/JPY 94.415 AUD/NZD 1.077 EUR/AUD 1.771
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Finance News – Chancellor

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Financial Times • Jun 04, 2025

Reeves vows to reinstate some winter fuel payments this year

The Chancellor’s commitment to restore certain winter fuel subsidies aims to provide financial relief to households, while maintaining current income tax, VAT, and national insuran...

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The Guardian – Business • Jun 04, 2025

Rachel Reeves announces £15bn investment for trams, trains and buses outside London – video

The government plans to allocate £15 billion toward enhancing public transportation infrastructure across northern England and the Midlands, including significant funding for tram...

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Financial Times • Jun 04, 2025

Labour forced to postpone £5,000-a-head business conference

The delay of the exclusive business event, featuring key government officials, may impact planned investments and networking opportunities that typically generate substantial econo...

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The Guardian – Business • Jun 03, 2025

Rachel Reeves looks to spending review to shift focus from welfare cuts

The upcoming spending review aims to highlight increased funding for regional transport infrastructure as a key economic priority, potentially balancing previous reductions in soci...

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City A.M. • Jun 02, 2025

Non-dom exodus could blow ‘black hole’ in public finances

A significant number of non-domiciled individuals departing the UK may substantially reduce government revenue, potentially eliminating available budget flexibility and impacting f...

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City A.M. • Jun 02, 2025

Andy Haldane: Reeves ‘not even close’ on growth after ‘rookie errors’

Andy Haldane criticized the government's economic approach under Rachel Reeves, suggesting that recent policy decisions have fallen short of effectively stimulating sustainable fin...

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City A.M. • Jun 01, 2025

Reeves inheritance tax raid to cost ‘staggering’ 200,000 jobs

The recent adjustments to inheritance tax policies are projected to threaten over 200,000 positions within the next five years, significantly affecting family-operated enterprises...

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City A.M. • Jun 01, 2025

Reeves’ spending review ‘natural point’ to boost defence -IFS

The forthcoming fiscal assessment offers an opportunity to increase military funding, as analysts highlight that healthcare and defense budgets will be central to the Chancellor’s...

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City A.M. • May 28, 2025

HMRC review signals potential pension tax changes in Autumn

A government review of workplace retirement plans may lead to adjustments in tax advantages for pension contributions, potentially affecting the savings and financial planning of i...

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The Guardian – Business • May 27, 2025

Reeves in standoff with ministers over proposed cuts to public services

The potential reductions in funding for public services such as policing and social housing have raised concerns about budget constraints and the need for adjustments to fiscal pol...

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City A.M. • May 23, 2025

Week in Business: Will Starmer sack Rachel Reeves?

Labour's current economic approach faces increasing scrutiny, prompting speculation that Keir Starmer might consider appointing a new Chancellor to influence the party’s financial...

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The Guardian – Business • May 22, 2025

The Guardian view on Starmer’s U-turn: change direction – or keep losing support | Editorial

The reversal of the proposed fuel payment cuts highlights the financial risks political decisions pose, as misjudged policies can lead to significant voter dissatisfaction and pote...

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City A.M. • May 22, 2025

Travelodge in the red amid Reeves’ £21m tax hikes

Travelodge experienced a financial downturn in the initial quarter of its fiscal year, largely impacted by increased tax obligations and higher National Living Wage costs announced...

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City A.M. • May 21, 2025

Reeves’ taxes push inflation to 3.5 per cent in ‘Awful April’

The recent tax increases on businesses and adjustments to the national living wage have contributed to rising consumer prices, reflecting increased operational costs for companies...

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City A.M. • May 20, 2025

Cash ISA limit reduction abandoned by Reeves

The government’s decision to maintain the current threshold for tax-free savings accounts allows individuals to continue depositing substantial amounts without losing financial ben...

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BBC Business • May 20, 2025

UK now best placed country on trade - Reeves

Recent trade deals with major partners such as the EU, US, and India are expected to enhance the UK's economic performance by expanding market access and strengthening internationa...

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City A.M. • May 20, 2025

Reeves must provide ‘more stable’ tax policy, finance bosses say

Financial leaders emphasize that establishing a consistent and predictable tax framework is crucial for enabling sustainable economic growth and encouraging investment within the i...

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The Guardian – Business • May 19, 2025

Reeves hopes hat-trick of deals shows Britain is open for business

The recent agreements in food, energy, and defence sectors are expected to modestly enhance the UK’s economic appeal, potentially attracting increased investment and reinforcing it...

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City A.M. • May 19, 2025

Natwest and Lloyds to cash in as Reeves hints at ring-fencing reform

Changes to the current banking regulations could allow major financial institutions to integrate certain operations, potentially increasing profitability and altering risk manageme...

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City A.M. • May 18, 2025

Reeves’ tax hikes are ‘death blow to London,’ Britain’s richest warn

Recent tax policy changes under Chancellor Reeves have prompted concerns among wealthy individuals, as increased levies may influence business leaders to relocate, potentially impa...

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City A.M. • May 17, 2025

Chancellor Rachel Reeves warned against slashing cash ISA allowance

Reducing the annual tax-free savings limit for cash ISAs could significantly impact individual saving habits and the broader investment landscape by shifting funds from low-risk ac...

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City A.M. • May 15, 2025

City veteran Lord Rose ‘horrified’ by slow growth under Labour

Stuart Rose expressed concern over the UK’s sluggish economic progress under current policies, highlighting the potential impact on business confidence and overall financial stabil...

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Financial Times • May 15, 2025

GDP surge gives Reeves only brief respite from economic challenge

Although recent economic growth exceeded expectations, experts suggest the chancellor may still face the necessity of adjusting fiscal policies through increased taxes or reduced p...

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City A.M. • May 14, 2025

Is Rachel Reeves breaking up with the OBR?

Rachel Reeves implemented several last-minute adjustments to her Spring Statement aimed at maintaining fiscal stability and preserving confidence in the official budget forecasts p...

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City A.M. • May 13, 2025

Top private school warns Reeves’ ‘unwelcome’ tax hikes will cost millions

Gresham’s School, a prominent UK private institution, anticipates significant financial strain due to recent tax increases, prompting plans to implement measures aimed at managing...

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City A.M. • May 12, 2025

How Rachel Reeves could change the cash ISA

Upcoming government proposals may alter the rules governing tax-free savings accounts, potentially impacting the maximum amount individuals can deposit without incurring taxes.

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City A.M. • May 08, 2025

Analysis: What is in the US-UK trade deal and what does it mean? 

The agreement marks a notable shift in international commerce, potentially boosting economic ties between the two countries and influencing market confidence amid ongoing global tr...

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City A.M. • May 08, 2025

TSB Bank’s profit rockets from stamp duty rush and cost-cutting

TSB Bank’s first-quarter earnings surged by 89 percent year-over-year, driven by reduced operating costs and increased transaction volumes ahead of regulatory changes, resulting in...

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City A.M. • May 06, 2025

Terry Smith: Reeves must drop tax hikes to attract UK investment

Prominent investor Terry Smith emphasized that reducing planned fiscal increases could enhance the UK’s appeal to investors, potentially stimulating growth and improving the overal...

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Financial Times • May 06, 2025

Friedrich Merz fails in initial vote to become Germany’s chancellor

The unexpected defeat of Friedrich Merz in the first round of the chancellor election caused fluctuations in financial markets, reflecting investor uncertainty about Germany's poli...

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