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May 12, 2025
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Chancellor set to hike employers’ National Insurance at Budget
The chancellor is set to increase the amount employers in the UK pay in National Insurance to raise £20bn for
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Keir Starmer attempts to define ‘working people’ tax pledge
Getty Images Sir Keir Starmer has attempted to define who “working people” are, amid renewed scrutiny of his tax plans
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Pubs face closure without Budget help, says industry giant
Pubs face widespread closures unless the chancellor announces an extension to business rates relief in next week’s Budget, the UK’s
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53
Workers could get right to strike for a year
The government is considering giving workers twice as long to strike. Under existing legislation, if workers vote to take industrial
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49
Boeing-made communications satellite breaks up in space
A communications satellite designed and built by embattled aerospace giant Boeing has broken up in orbit. The satellite’s operator, Intelsat,
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56
HSBC splits bank between East and West in major overhaul
HSBC’s new boss has announced a major overhaul of the bank’s structure, splitting geographically into eastern and western markets amid
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63
When is the Budget and what might be in it?
Getty Images Labour’s first Budget for 14 years will be delivered by Chancellor Rachel Reeves on Wednesday 30 October. She
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53
Ministers to oversee build as costs ‘spiral’
Ministers are to take a direct role in overseeing the building of the HS2 rail line to try to “get
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53
Ministers explore handing Post Office ownership to sub-postmasters
Ministers are exploring plans to hand ownership of the Post Office to thousands of sub-postmasters across the UK, sources have
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50
More than 100 customers contact BBC about scams
Reuters People complain of poor treatment by Revolut after being tricked out of money deposited with e-money firm “I never
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