Tax paid by Brits on at least £150k skyrockets as ‘fiscal drag’ makes HMRC increasingly lean on high income taxpayers April 20, 2022 The total income tax paid by high earners making £150,000 or more has increased by 77 per cent in the last decade, reaching £60.9bn in the 2019-20 tax year, up from £34.5bn in 2010-11, according to data that was shared with City A.M. Over the same period the total tax take from basic rate taxpayers [...]
Revealed: The UK’s biggest council tax increases, with some councils adding £145 this year alone April 20, 2022 The cost of council tax has climbed by as much as £145 in parts of the country, as yet another cost associated with our homes puts a squeeze on our household finances. From groceries to utilities, the rising cost of living is causing financial instability for homeowners and renters across the country. One of the most significant costs [...]
Driving seat: Uber picks up former British Airways exec as UK lead April 19, 2022 A former Aviva and British Airways executive has been selected to take a role in the driving seat of Uber's UK division.
From Barnet to Fulham via Camden and Southwark: Here are London’s most expensive and decadent rental properties April 19, 2022 While the average London tenant will pay £1,574 per month, the average cost of residing at the very top of the capital’s rental market comes in at a huge £23,839, – a 1415 per cent rental price premium. London-focused rental platform Rentd looked at the average cost of renting in each London borough before comparing [...]
UK will not offer Indians more visas in post-Brexit trade talks April 19, 2022 The government will not allow more Indians to come to the UK through new visa routes in any UK-India free trade deal. City A.M. understands the prospect of special Indian visas has not been discussed in the first two rounds of trade negotiations and that international trade secretary Anne-Marie Trevelyan has not put the issue [...]
Cost of living crisis: High earners with salaries of at least £50k offered more and greater pay rises April 19, 2022 High earners are most likely to have been offered pay increases as the rising cost of living begins to bite, according to new research shared with City A.M. this morning. As inflation grew to its highest level in three decades and 22 million households brace themselves for soaring energy bills, a YouGov survey carried out on behalf of global [...]
Made in Britain: As Brexit and Covid dismantle supply chains, boom in ‘reshoring’ leads to renaissance in UK manufacturing April 18, 2022 sAs the government admitted last week that there are ‘significant challenges’ to UK stock levels because of Brexit and Covid, is reshoring then perhaps the answer? Last week’s government report, from the Office for National Statistics (ONS), revealed the full extent of tumbling stock levels and broken global supply chains in the wake of Brexit and [...]
Three Senior Tech Roles to Apply For This Week April 14, 2022 Moving up to a senior role takes some consideration: you may be at the top of your game intechnical terms and a complete whizz at what you do, but it’s worth considering that making thetransition from a team member to a leadership position needs a bit of careful consideration. To prepare, you could ask for [...]
Nuclear – The Future April 14, 2022 | Sponsored A round table discussion with,Julia Pyke, Director of Financing at EDF Energy – Sizewell C Tom Samson, CEO of Rolls-Royce SMR Mike Waite, Director Westinghouse Steve Threlfall, General Manager for U-Batterywith introduction from Tom Greatrex, CEO Nuclear Industry Association In a world where prices are rising and a major gas crisis looms, our leading experts in the industry [...]
Sizewell C- Creating both Energy and Opportunity April 14, 2022 | Sponsored Julia Pyke, Financial Director, Sizewell C Keeping Consumer Costs Down The focus on energy for many people is price. As gas prices continue to boom, fuel poverty becomes more common. Whilst renewable energy such as wind absolutely has a place in the market. Julia was clear on the advantages that Nuclear brings. The reliability of [...]
