If money’s tight, why waste it on futile GB Energy? October 28, 2024 The fiscal pain of this budget will be worse because of needless GB energy, writes Conservative Environment Network director Sam Hall.
A Budget for stability must mean less is more October 27, 2024 As it prepares for its first Budget, it’s critical the government considers something important but quite dull: practicality If you’d attended the government’s International Investment Summit last week and your bingo card had the words ‘regulation’, ‘stability’ and ‘growth’ on it, you’d have been over the moon. Yes, both the Prime Minister and Chancellor were [...]
Class action boom in UK is yet another disincentive to investing here October 24, 2024 As the country holds its collective breath ahead of next week’s Budget, it’s fair to say that business confidence in the UK is lower than the Treasury might like. Last week, the Institute of Chartered Accountants in England and Wales (ICAEW) reported that business confidence had fallen to a 12-month low, while the Institute of [...]
It’s already too late to prepare your business for the Budget October 24, 2024 Transactions rushed through ahead of the Budget are more likely to be on HMRC’s radar and subject to additional scrutiny, says Stephen Kenny This Budget has created panic of a magnitude that I haven’t seen for many years. Widespread talk of closing ‘loopholes’ – despite the fact that most aren’t actual loopholes but previous tax [...]
British athletes issue stark warning to government over funding October 23, 2024 British sport could lose hundreds of elite athletes before the LA 2028 Olympics and Paralympics unless the Government increases funding for the next four-year cycle. The stark warning comes after 85 per cent of funded athletes in a new survey said they would not or might not continue competing if forced to make do with [...]
Lloyds finance chief calls for ‘pro-growth’ Budget amid fears of bank tax raid October 23, 2024 Lloyds Banking Group’s finance chief has suggested tax rises on UK banks could hinder lending and investment as the sector braces for a possible raid in the government’s maiden Budget next week. Speaking after Lloyds’ third quarter results this morning, William Chalmers said banks are already among Britain’s biggest taxpayers and the FTSE 100 group [...]
Evelyn Partners: Wealth manager warns clients fretting over Budget tax changes October 23, 2024 Wealth management and accountancy business Evelyn Partners has warned that its clients have been fretting over the raft of speculation coming out about next week’s Budget. Rumours about the contents of the Budget have been flying out of Westminster, with concerns that the Chancellor Rachel Reeves may move to hike a variety of taxes and [...]
This Budget looks set to be more car park than roadmap October 23, 2024 You have probably read at least two dozen columns speculating on where those tax rises of doom are going to land in next week’s budget, so I’m not sure there is much more to say on the big topics of contention. We’ll find out soon enough whether employers’ National insurance (NI) really will go up, [...]
Premier League: Non-dom tax changes could be ‘own goal’ for No11 October 22, 2024 The Premier League could face an exodus of high-profile players if the government continues plans to eliminate the non-dom tax status in the upcoming Budget, experts have warned. Changes to the way tax is paid on overseas earnings could prove “an own goal” if they cause players to leave the English top flight when they [...]
‘Incredible undervaluations’: Why this boss thinks the time is right to float on AIM October 22, 2024 A new acquisition vehicle announced plans to float on AIM last week despite a barrage of warnings over its future ahead of the budget. Its boss, Iain McDonald, tells City AM why. In a letter to the City minister, Tulip Siddiq, last month, the boss of the London Stock Exchange had some stark words on [...]