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International

Pound falls and UK borrowing costs rise as Reeves ditches plans for income tax hike – business live

Jitters over the UK’s autumn budget grow as chancellor Rachel Reeves abandons plans to raise income tax on 26 November The pound is now trading down just 0.24% versus the dollar at around £1.3159.The 10-year gilt yield is now up 0.06 percentage points at 4.49%Chancellor of the Exchequer Rachel Reeves has been able to drop plans to raise income taxes because she received an improved fiscal forecast from the UK’s […]

todayNovember 14, 2025 2

International

Lisa Nandy: BBC review will examine political appointments to board

Culture secretary says she shares concerns that such appointments have damaged trust, amid calls for Robbie Gibb to goUK politics live – latest updatesThe BBC’s charter review will examine political appointments to the broadcaster’s board, Lisa Nandy has said, as they have “damaged confidence and trust”.The culture secretary was asked on BBC Radio 4’s Today programme whether the BBC board member Robbie Gibb, formerly Theresa May’s communications chief, had overstepped […]

todayNovember 14, 2025 1