From Autumn Budget blows to more broken promises. Here’s what stood out from the last 7 days.

TOP HEADLINE - AUTUMN BUDGET SPECIAL

Chancellor Rachel Reeves just dropped Budget 2025, and it's packing a £26bn punch aimed squarely at both the wealthy and working Brits. The headline act? Freezing income tax and national insurance thresholds until 2031, a classic "stealth tax" that'll quietly drain £11bn from your pockets by the end of parliament.

FEATURED BUSINESS NEWS

After years of complaints from high street retailers, the government's finally tweaked business rates, but not everyone's celebrating. Chancellor Rachel Reeves announced a "permanently lower" rate for small retail, hospitality, and leisure businesses in Budget 2025, funded by slapping higher charges on big properties.

MARKETS NEWS

Last week’s top story

The government's latest Budget promises to revive UK capital markets. The City minister sounds confident, the narrative's upbeat, and the reforms are wrapped in the language of revival. But here's the uncomfortable truth: this package is far too cautious for an economy that's spent a decade watching its global competitiveness crumble. This isn't a reboot of UK capital markets, it's barely a restart.

FEATURED CRYPTO NEWS

Ripple’s dollar-backed stablecoin, RLUSD, just cleared a significant regulatory hurdle. Abu Dhabi’s Financial Services Regulatory Authority (FSRA) has officially recognised it as an Accepted Fiat-Referenced Token, meaning licensed firms operating in the Abu Dhabi Global Market (ADGM) can now use RLUSD for regulated activities.

THAT’S ALL FOLKS

Thank you for tuning in to this week’s edition of the MJBurrows Briefing. Forward this to a friend and share the news!

Keep Reading

No posts found