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The Latest Breaking News from CBI

Rachel Reeves tells angry business leaders there was 'no alternative' to Budget tax rises

Chancellor Rachel Reeves said she was ‘not immune’ to the difficulties facing businesses but there was no alternative to her Budget tax raid.

Evening Standard

What do businesses say the Budget means for the jobs market?

ANALYSIS: CBI boss Rain Newton-Smith said Labour chancellor Rachel Reeves’s Budget has hit businesses, forcing them to consider expenditure on staff. Howard Mustoe explains what that means for the jobs market

The Independent UK

Watch live: Rachel Reeves delivers CBI speech as chancellor insists ‘no alternative’ to tax rises

Watch live as Rachel Reeves delivers her CBI speech on Monday (25 November) as the chancellor insists there is “no alternative” to tax rises.

The Independent UK

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‘Business cash cow has been milked,’ CBI chair tells ministers

Rupert Soames urged government to water down workers’ rights plans after a budget ‘tough on business’

The Guardian - UK

Kemi Badenoch admits Tories lost support of business – when she was business secretary

In her first major speech since succeeding Rishi Sunak, the Tory leader said she was not surprised at how many bosses flocked to meet Sir Keir Starmer and Rachel Reeves before the general election

The Independent UK

SP chief Akhilesh Yadav condoles demise of senior IIS SM Khan

In his condolence message to Khan's wife Shahnaz Khan, the former Uttar Pradesh Chief Minister said he stands with the bereaved family in this unbearable grief. Read further on Dynamite News:

Dynamite News

CBI chief hits out at Reeves after firms face ‘heavy burden’ from tax rises

Confederation of British Industry chief executive Rain Newton-Smith said firms face tough decisions on hiring and investment due to the Budget.

Evening Standard

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Rachel Reeves CBI speech live: Chancellor tells conference ‘difficult decisions’ brought stability to economy

CBI chief Rain Newton-Smith said that business had been caught ‘off-guard’ by national insurance hikes

The Independent UK

UK politics: Badenoch refuses to commit to reversing rise in employers’ national insurance in speech at CBI – as it happened

Tory leader says she will not ‘comment on every bit of micro-policy’

The Guardian - UK

B&Q owner Kingfisher warns of £31 million hit from National Insurance changes next year

Blow revealed as CBI boss says NI reforms will hit profits, investment and growth

Evening Standard

Wall Street hits record high after Scott Bessent nominated as US Treasury secretary – as it happened

Bonds rally and dollar dips as investors welcome choice of billionaire hedge fund manager Bessent as next Treasury secretary

The Guardian - UK

‘We had no alternative’: Reeves defends her budget to the CBI

Chancellor tells business leaders she stands by tax rises and points to Labour’s pro-growth policies

The Guardian - UK

CBI boss to warn Budget tax rises will ‘hit growth’ among UK firms

Rain Newton-Smith will say on Monday that businesses are being forced to ‘compromise on their plans for growth’ after the spending review.

The Independent UK

PM Modi condoles demise of senior IIS SM Khan, sends condolence message

Prime Minister Narendra Modi expressed deep condolences over the demise of media veteran SM Khan. Read further on Dynamite News:

Dynamite News

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Dynamite News

SC issues notice on Sisodia plea seeking relaxation of bail conditions

The Supreme Court issued notice to probe agencies--CBI and ED on Friday on AAP leader Manish Sisodia's plea seeking relaxation of bail conditions in alleged liquor police irregularities case. Read further on Dynamite News:

Dynamite News

Media veteran SM Khan laid to rest in Khurja; Massive wellwishers surge

Eminent Mediaman and 1982 Batch IIS Officer SM Khan was laid to rest on Monday at his family graveyard in Khurja. Must follow the story on Dynamite News:

Dynamite News

IIS officer SM Khan, Press Secretary to APJ Abdul Kalam, passes away

SM Khan, a retired Indian Information Services Officer (1982 Batch) and Press Secretary to the former President APJ Abdul Kalam, passed away here in New Delhi on Sunday.

The Guardian - UK

Few expected Britain to boom but the GDP figures will worry the Treasury

Summer slowdown raises questions of whether Reeves’s bleak outlook in the run-up to the budget hindered growth

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Dynamite News

CBI investigates 41 cases in Assam related to irregular deposit schemes

The Central Bureau of Investigation (CBI) has taken over the investigation of 41 cases. Read further on Dynamite News:

Dynamite News

Jharkhand: CBI conducted searches at 16 locations in illegal mining scam case

The Central Bureau of Investigation (CBI) launched a series of raids across 16 locations in three states. Read further on Dynamite News:

Fortune

This $1.4 million luxury villa offers breathtaking views, a private plunge pool—and Dominica citizenship

Whole and fractional ownership of vacation properties is a common type of citizenship by investment scheme.

The Guardian - UK

Lower shop prices boost prospect of Bank of England rate cut

British Retail Consortium says prices falling at fastest rate in three years and are 0.8% lower than a year ago

Dynamite News

WB Staff Recruitment Case: ED attaches properties of Rs163 crore

The Enforcement Directorate (ED) in Kolkata has provisionally attached properties over Rs 163.20 crore assets of Prasanna Kumar Roy. Read further on Dynamite News:

The Guardian - UK

UK’s borrowing costs rise on news that Reeves is changing fiscal rules

Yield, or interest rate, on British government bonds climbs on Thursday amid a fall for other countries

Newslaundry

Fraud network, mastermind in Assam: Inside Oswal cyber fraud case

In the two months since textile baron SP Oswal lost Rs 7 crore to scammers posing as CBI sleuths, the Ludhiana police have identified the “mastermind”, arrested 15 suspects, recovered Rs 4 crore, and claimed to have uncovered a network of scammers spread across Assam, West Bengal, and the Delhi-NCR.

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