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      Andrew Griffith tells Burnham to rule out Budget tax rises

      Shadow business secretary Andrew Griffith has said he would make it easier for small businesses to open bank accounts. (Photo by Dan Kitwood/Getty Images)

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      Parachute payments boost promotion chances by 4x and should be scrapped, study finds

      Jubilant football players in orange and black shirts celebrate with a trophy and medals as confetti falls.

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      ‘Bankers are people too’: Inside tongue-in-cheek bar The Pregnant Man

      Bartender in The Pregnant Man apron speaking to a woman in a bar, bottles and coasters behind them.

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Tax

  • Costa del Court: City law firm follows wealthy Brits to Mallorca

    Legal

    London-based family law firm AFP Bloom has opened an office in Mallorca to serve the growing number of British families relocating to the Spanish island. The law firm, known for its work with high-net-worth and international families, has opened a new Palma office, allowing clients to receive specialist English legal advice in-person on the island [...]

    Palma de Mallorca harbor with yachts, city buildings, and Bellver Castle on a forested hill
  • Wandsworth Council plans 94 per cent tax rise after Rayner’s cuts

    Politics

    Wandsworth Council has announced taxes will rise by 94 per cent for Band D residents after local leaders hit out at the government for cutting funding by £84m a year.  The local authority, regularly dubbed Margaret Thatcher’s favourite council because of its historically low-levels of council tax, will make Band D council taxpayers stump up [...]

    Breaking news scene with reporters, cameras, and microphones at a bustling press conference, spotlight on speaker podium
  • PwC’s UK business grows but Iran conflict hits wider group

    Big Four

    Big Four giant PwC reported steady financial growth in its UK business, with revenue and profit per partner both increasing slightly from the previous year, despite group revenue slipping due to the Middle East conflict. For the year ended 30 June 2026, PwC’s UK business’s revenue grew to £4.365bn, up two per cent on the previous year. While [...]

    PwC cuts roles and apprenticeship
  • Haigh and Healey to host business chiefs in Downing Street

    September 14, 2026

    Louise Haigh and John Healey will lead meetings with top business chiefs in Downing Street this evening after Andy Burnham cancelled his official engagements following the death of his father. The First Secretary of State will host a roundtable with entrepreneurs, which is set to be followed by an evening drinks reception. The Chancellor and [...]

  • How much do regulations cost the average UK business in 2026?

    September 14, 2026

    No one single regulation is responsible for businesses' current woes. The accumulation of taxes has become greater than the sum of its parts.

  • Reform hits back at Tory plan to ‘abolish inheritance tax’

    September 13, 2026

    The Conservatives and Reform UK have clashed over plans to abolish inheritance tax as Kemi Badenoch prepares to put tax cuts at the heart of her pitch to voters. Badenoch is considering pledging to scrap inheritance tax if the Tories win the next general election, with the policy potentially forming the centrepiece of her party [...]

  • Claridge’s swings to £10m loss as luxury hotel warns on ‘adverse impact’ of tax hikes

    September 11, 2026

    Claridge’s has suffered a loss of just under £10m as the iconic London business warned government tax hikes were taking their toll. The five-star Mayfair hotel, which opened its doors in 1898 before expanding via a five storey ‘mega basement’ in 2021, recorded a loss after tax of £9.7m for 2025, reversing a £2m profit [...]

  • ‘Calm before the storm’: City warns Healey growth spurt won’t last

    September 11, 2026

    The UK economy’s surprise summer growth spurt is set to be “blown away” by a spike in energy prices and a recent surge in the cost of borrowing, economists have warned the government. Fresh figures revealed on Friday that the economy expanded 0.4 per cent in July, ahead of initial forecasts that predicted flat growth. [...]

  • Hospitality sector blasts Burnham’s uncapped tourist tax

    September 10, 2026

    The hospitality sector has blasted proposals from Andy Burnham’s government to introduce a fresh tax on tourists. The industry has been left reeling after the government confirmed a new overnight levy on tourists that will have no upper cap. Regional authorities are set to be handed the power to introduce a levy to support regional [...]

  • One of Britain’s biggest taxpayers has left – who can replace Rokos?

    September 9, 2026

    Christopher Rokos was Britain’s third largest individual taxpayer last year, handing over an estimated £330m. Now he’s moved to Greece and no British government seems to have a plan to replace that revenue, says Damian Pudner So, Chris Rokos is off to Greece. For those who don’t know the name, Christopher Rokos is one of [...]

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