Why home working might be damaging London’s economy September 4, 2024 Londoners have been slower to return to the office after the pandemic than workers in many large cities around the world. This really matters, and not just for London.
Non-dom policy change could lead to ‘exodus’ of wealthy investors, study finds September 4, 2024 Planned changes to the non-dom tax regime could trigger a “mass exodus” of wealthy investors from the UK, costing the taxpayer around £1bn by the end of this parliamentary term, a new report has warned. The study from Oxford Economics, which polled 72 non-doms and over 50 tax advisors, found nearly two thirds of people [...]
Labour can’t resist flirting with economic populism September 4, 2024 Keir Starmer’s closest advisors spent last week briefing journalists that this government would be straight with people, and that it would reject the “fake populism” of the Tories which, they claim, raised people’s hopes before disappointing them. Labour figures said that the Prime Minister’s doom-laden introduction to the country was more responsible than attempting to [...]
AI and dating apps: a match made in heaven or hell? September 4, 2024 Dating apps are unleashing AI to run our hopeless romantic pursuits. But could this push users away in the long run?
Banks’ fraud loss coverage reportedly to drop to £85,000 after industry backlash September 3, 2024 The maximum fraud losses banks are obliged to cover is set to drop to £85,000, down from a planned £415,000, according to a report.
Pension tax relief: Reeves warned of ‘backlash’ – but offers up roadmap for firms September 3, 2024 Chancellor Rachel Reeves has declined to rule out increasing taxes on pensions in the upcoming Budget, sparking fresh warnings over “anti-growth” policies. Speaking in the Commons on Tuesday, Reeves refused to “speculate about what will be in the Budget” when asked to give savers “peace of mind” over rumoured annuity levies. Despite failing to give [...]
Sixes Social Cricket hits record turnover as first franchises open in UK September 3, 2024 The company behind the party bar chain Sixes Social Cricket has seen its turnover jump following the launch of its franchise arm, newly-filed documents have revealed. The Aberdeen-headquartered firm, which was founded in 2020, saw its turnover increase to £7.5m in the 12 months ending August 31, 2023, up from £4.5m in the year before. [...]
Pret founder and Itsu boss Julian Metcalfe banned from driving for using phone at the wheel September 3, 2024 Julian Metcalfe, the founder of Pret a Manger and current boss of Itsu, has been banned from driving after being convicted of using a mobile phone behind the wheel. He claimed he was using the Waze navigation system for directions to visit his daughter, and that he didn’t know it was illegal to use a [...]
Tory leadership: Tom Tugendhat lays into ‘overregulation’ as he launches campaign September 3, 2024 Tory leadership contender Tom Tugendhat launched a broadside against overregulation warning it has “drained the pools of capital” as he set out his bid to lead the party. The former security minister vowed to lead a “Conservative revolution” while setting out his stall in a pitch to MPs and members at the Royal Horseguards Hotel [...]
Admissions to private hospitals hit record amid NHS crisis September 3, 2024 The number of admissions to private hospitals reached a record high in the first quarter of 2024 as the NHS crisis has pushed more Brits away from the service. There were 238,000 admissions to private hospitals in the first quarter, up six per cent on 2023 and the highest number on record, according to data [...]