German Investor Pain Spreads to London With Losses From Olympia

Business leaders urged Chancellor Rachel Reeves to ease energy costs and refrain from raising the tax burden on corporate Britain as she prepares the 2025 budget. The plea highlights downside policy risk for energy-intensive firms and corporate profitability, but contains no new measures and therefore is likely to have limited immediate market impact beyond sentiment effects on UK equities and energy sectors.

Analysis

Business leaders urged Chancellor Rachel Reeves to ease energy costs and refrain from raising the tax burden on corporate Britain as she prepares the 2025 budget. The plea highlights downside policy risk for energy-intensive firms and corporate profitability, but contains no new measures and therefore is likely to have limited immediate market impact beyond sentiment effects on UK equities and energy sectors.