
Britain’s business backlash: CEOs warn Reeves’s tax hikes are pushing UK to the brink
Britain’s biggest business leaders — from BT and JD Sports to AO World and Rick Stein — are warning Rachel Reeves’s tax hikes and labour laws…
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

Britain’s biggest business leaders — from BT and JD Sports to AO World and Rick Stein — are warning Rachel Reeves’s tax hikes and labour laws…

Lloyds Banking Group will close 49 more branches in 2026 across Lloyds, Halifax and Bank of Scotland as the high street banking exodus deepens.

Rick Stein’s Cornwall restaurant empire has plunged into deeper losses, blaming Rachel Reeves’s tax raid on employers as hospitality jobs vanish.

Peter Mandelson has been stripped of his voting rights and dividend payments at Global Counsel after damning emails revealed his close ties to Jeffrey Epstein. His…

UK manufacturers say they face collapse as energy standing charges and levies double, with firms warning Reeves that new bills will drive jobs overseas.

Revolut has pledged a £3bn UK investment over five years, creating 1,000 jobs and expanding its London HQ. Chancellor Rachel Reeves hailed the move as a…

Chancellor Rachel Reeves is considering slashing the VAT registration threshold from £90,000 to £30,000 in the November Budget – a move that could drag tens of…

Gold has surged to an all-time high of $3,778 per ounce, with analysts warning it could hit $4,000 by Christmas. Silver has also soared 45% this…

Boohoo has warned suppliers of delayed payments amid a growing cash squeeze, weeks after securing a £175m loan and reporting annual losses of £348m.

Amazon will close all 19 of its UK Fresh stores, putting up to 250 jobs at risk, as it pivots to online grocery and expands its…

The Resolution Foundation has urged Rachel Reeves to cut 2p from employee national insurance and raise income tax instead, a move that could raise £6bn a…

Manchester United cut 400 jobs at a £36m cost but posted record £666m revenue, raising doubts over Sir Jim Ratcliffe’s “bust by Christmas” warning.

President Trump says Rupert and Lachlan Murdoch, along with Michael Dell and Larry Ellison, are expected to join a U.S. group buying TikTok’s U.S. operations from…

Yaso, a UK ecommerce firm that helps British beauty brands sell in China, has raised more than £8 million to expand into new consumer sectors including…

Shawbrook has provided a £10m block facility to Fenyx Bridging, supporting the new specialist lender’s launch and expansion in the UK bridging finance sector.