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The most likely impact is lower employer contributions overall for staff pensions by those paying in more than the minimum, says the former Pensions Minister.

The 'EV Tax Rebate' deal is available now for two of the brands' electric cars in an effort to counter the new pay-per-mile EV tax raid announced by the Chancellor in the Autumn Budget.

Motorists with EVs will also have to organise annual MOT-style checks on brand-new cars under plans announced by the Chancellor.

While Britain waited for Rachel Reeves' anti-aspiration and anti-wealth Budget , property prices in some of England's most expensive locations fell amid mounting uncertainty.

Rachel Reeves and her team repeatedly complained about the Office of Budget Responsibility's choice to reassess Britain's productivity.

The banking giant's plans come as rival Goldman Sachs revealed it will double the number of staff at its Birmingham office in the 'coming years'.

In a damning assessment, a poll of 500 business leaders by the Institute of Directors found 80% 'feel negative' about the Budget.

Just over 59,000 vehicles rolled off production lines in October, down 23.8% on a year earlier, according to the Society of Motor Manufacturers and Traders.

Bosses are furious after the Chancellor said the clampdown will take place as late as March 2029 so the Government can 'consult on the technical detail' first.

Rachel Reeves used her Budget to confirm the Treasury's controversial road pricing plans in order to claw back lost fuel duty revenue as a result of drivers moving to EVs.