Pay tax on your gifts, top accountancy firm warns politicians amid Labour row September 26, 2024 Politicians should pay tax on gifts in the same way that other industries and individuals do, a leading accountant has said. Currently, firms and workers in sectors where gifting is commonplace and an element of their profession – such as the media industry or online influencers – are made pay to income tax and, in [...]
Non-dom crackdown: Fears it will fail to raise cash and actually cost the UK money September 26, 2024 Officials fear that the government's plan to close loopholes in the non-dom tax regime might fail to raise any extra revenue at all, according to reports.
‘Time is of the essence’: Government urged to push ahead with planning changes September 26, 2024 The government has put forward a major set of reforms to the planning system, which is widely seen as one of the major barriers to economic growth.
‘Turbulent few months’ ahead for retailers as low consumer confidence lingers September 26, 2024 One of the UK’s largest retail bodies has warned that retailers could suffer in the next few months during the run-up to Christmas, due to a lack of consumer confidence in the economy. Confidence slumped in September, with an increasing number of Brits saying they expected the UK economy to get worse over the next [...]
Cut Starmer some slack, three months hasn’t undone his victory September 26, 2024 The Labour Party is having some teething issues, but three months is hardly enough to judge Starmer by, writes Will Cooling.
Unions vote to condemn government’s winter fuel payments cuts September 25, 2024 Unions have voted to condemn the government’s decision to means test pensioners’ winter fuel payments, in a blow to No10 as the Labour conference came to a close. A non-binding motion brought by Unite and the Communication Workers Union (CWU) was backed by delegates in a vote on Wednesday morning in the main hall in [...]
Sick Brits to be helped back to work by ‘crack teams’ of doctors, Streeting says September 25, 2024 Sick Brits are set to be helped “back to health and back to work” by “crack teams of top clinicians”, Wes Streeting has announced in a bid to tackle rising economic inactivity. The health secretary today pledged reforms created by surgeons would be rolled out in hospitals across the UK “to treat more patients and [...]
Which taxes will Labour hike in the October Budget? September 25, 2024 Kier Starmer has said that those with the "broadest shoulders should bear the heavier burden". So where will Starmer and Reeves turn to raise some extra cash?
PM vows to rebuild Britain but warns of difficult road ahead September 25, 2024 Sir Keir Starmer addressed the annual Labour conference in Liverpool vowing to use his “mandate for change” to “deliver national renewal.”
Hurry up HS2, the diggers are coming September 25, 2024 Two tunnel boring machines, needed to drill a 4.5 mile tunnel between West London and Euston, will be delivered from Germany next month.