Chancellor's Surprise Tax Decision
In a significant Friday 14 November 2025 announcement, Chancellor Rachel Reeves has confirmed reports that she will not proceed with a planned increase in income tax. This unexpected U-turn leaves a substantial gap in the government's spending plans, prompting intense speculation about where the money will now be found.
Major Overhaul for Renters and Landlords
Alongside the fiscal news, the government has laid out extensive plans for the rental market. These huge reforms are set to redefine the relationship between tenants and property owners, though specific details of the new regulations are still emerging.
Security Breach and International Tensions
In other developments, the BBC is formally responding to a legal threat from former US President Donald Trump, who has issued a deadline for a $1 billion lawsuit. Meanwhile, a security lapse occurred at the Wicked film premiere in Singapore, where an intruder managed to access the 'yellow carpet' event, reportedly ambushing singer and actress Ariana Grande.
For a concise summary of all these stories, the Cheat Sheet podcast, hosted by Anna and Kamali, delivers the essential news in just ten minutes.
