Bitcoin hoaxer Craig Wright convicted of contempt of court Legal The man who loudly claimed to be the founder of Bitcoin—only to be exposed in court as anything but—was slapped with a contempt of court ruling by a judge
New report warns DPAs should not be seen as ‘a cost of doing business’ Legal The use of deferred prosecution agreements doesn’t stop corporate fraud, and may be actively encouraging it, says new paper by think tank, IEA
Labour is playing a ‘dangerous game’ with capital gains tax, think tank says Economics Currently the rate for higher earners is 20 per cent, but it’s 24 per cent for residential property on secondary homes.
‘Highly damaging’: Capital gains hike would make UK even less competitive October 21, 2024 Lifting capital gains tax (CGT) would damage the competitiveness of the UK’s already poor tax regime, new analysis suggests. Research by the Tax Foundation suggests that the UK’s tax regime ranked at 30th out of 38 OECD countries in terms of competitiveness, up one place due to the introduction of the full-expensing policy last year. [...]
Why do economists think public investment is good for growth? October 19, 2024 As the Budget approaches it seems clear that the government is preparing to ramp up public investment.
CPS offers pleas to Entain suspects ahead of charging decisions October 4, 2024 The Crown Prosecution Service (CPS) offers pleas discussions with suspects from Entain as it gears up to make charging decisions by end of the year
City sounds alarm over Starmer’s ‘painful’ Budget warning August 28, 2024 City figures have sounded the alarm over the Prime Minister’s warning of a “painful” Budget this autumn, urging him not to “punish risk takers” and warning against “taxing wealth creators”. Sir Keir Starmer delivered his first major address from the No10 Rose Garden on Tuesday as he cautioned that the state of the public finances [...]
How poor regulation is holding back the UK economy June 5, 2024 Regulation is a pressing concern, both for businesses and consumers. Getting it right could help unleash growth and deliver better outcomes for consumers.
UK ‘risks being left behind’ as red tape choked tech start-ups, new report warns May 23, 2024 The UK “risks being left behind” as red tape is choking the potential of UK tech start ups, a new report has warned.
High levels of migration contributing to slowdown in productivity growth, report suggests May 8, 2024 "Large-scale migration has not delivered the economic benefits its defenders argue it should - with the era of mass migration coinciding with a significant slowdown in GDP per capita growth," O’Brien said.