Now is not the time for opportunistic personal tax cuts February 25, 2024 The government may think Slashing Income Tax or National Insurance will win votes, but boosting growth and restoring the UK's reputation as a stable place to invest should be the priority, says John Dickie
Scrap the tourist tax hurting our hospitality businesses or lose out to Paris and Madrid May 30, 2023 Tourism is incredibly important for London, but to keep London important for tourism, we have to make it more attractive for foreign visitors to shop here, writes Chris Hayward.
GDP falls sharply in October as UK economy recession fears re-ignite December 13, 2023 GDP fell 0.3 per cent in the month of October, reigniting fears that a wave of interest rate hikes have strangled UK growth.
Businesses call on Chancellor to boost regional growth by investing in tourism November 14, 2022 Businesses have called on Chancellor Jeremy Hunt to boost regional growth by investing in travel and tourism. Advocacy group BusinessLDN has called for the reintroduction of VAT-free shopping for international arrivals, as well as ramping up Border Force personnel to speed up queues at airports and ease visa processes for low-risk visitors such as children. [...]
Targeting non-doms was a cheap hit the Chancellor will regret March 13, 2024 The ultra-wealthy may be an easy target, but the government is sending a signal that playing politics matters more to them than securing investment, says James Price he temptation to play politics is often an irresistible one around fiscal events, and with the twin straitjackets of the Office for Budget Responsibility and a looming election, [...]
Four tests to prove if Labour really is The Party of Business July 3, 2024 Like almost everyone I know, I was pitched to the other day by Rachel Reeves. She can talk the talk, but is Labour the party of business?
London’s tourist tax: Struggling luxury brands LVMH, Mulberry and Burberry have other problems, too January 17, 2024 Mulberry has fallen out of fashion with investors as shares slumped over four per cent this morning, with the luxury retailers expressing growing concerns about flattening sales and the tourist tax. The British fashion house, best known for its leather handbags, has had around £3bn wiped off its market value in the last five months [...]
London’s ultra wealthy have ‘moved out’ since Brexit, says top private jet dealer April 30, 2024 Brexit, changes to non-dom status tax rules and the Russia-Ukraine war has led to a slump in sales of private jets in London, a top dealmaker has said.
Making Heathrow profitable: Three challenges for the new boss October 26, 2023 After years of lossmaking, Heathrow could be on the cusp of a turnaround and just as its new Danish chief Thomas Woldbye steps in.
What could we see from Labour’s election manifesto? January 25, 2024 Labour leader Keir Starmer has set a deadline for draft manifesto submissions - so what could the party offer the UK at a general election?