Left and rightwing think tanks join to call for ‘pro-growth’ tax reform November 5, 2025 Several think tanks from across the political divide have joined forces to call for sweeping tax reforms in a report that seeks to prioritise productivity growth and fairness in the wider system. Economists and policy officials from the left-leaning IPPR, the right-leaning Centre for Policy Studies and the likes of the Adam Smith Institute and [...]
UK faces founder exodus in wake of tax hiking Budget November 5, 2025 Britain could suffer an exodus of business owners if the Chancellor follows through with rumours of a crackdown on wealth at the upcoming Budget. A fresh poll of founders has shown that four in 10 UK-based entrepreneurs would weigh up whether to leave the UK were Rachel Reeves’s speech to contain either a hike to [...]
IGI Reports Third Quarter and First Nine Months of 2025 Unaudited Financial Results November 4, 2025 International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today reported financial results for the third quarter and first nine months of 2025. Highlights for the third quarter and first nine months of 2025 include: (in millions of U.S. Dollars, except percentages and per share information) Quarter Ended September 30, Nine Months [...]
Compass Pathways Announces Third Quarter 2025 Financial Results and Business Highlights Including Acceleration of Commercial Launch Plans by 9-12 Months November 4, 2025 Company accelerating commercialization readiness plans by 9-12 months, following completion of COMP006 trial enrollment and positive meeting with FDA on NDA submission strategies for COMP360 in TRD, including potential rolling submission Company now plans to disclose 9-week data (Part A) from COMP006 together with 26-week data (Part B) from COMP005 in Q1 2026 Disclosure of 26-week (Part B) COMP006 data expected in early Q3 2026 Cash position of $185.9 million as of September 30, 2025 Conference call on November 4 at 8 am ET (1 pm UK)
ISA reform could bring £16bn into UK equities each year November 4, 2025 The government could bring a much-needed boost to UK markets with one simple, tax-neutral measure, argues Richard Staveley, manager of UK small-cap investment trust Rockwood Strategic. ISAs are undoubtedly much loved in the UK, with more than 22m accounts and around £775bn in total assets, which exceeds the amounts saved into defined contribution pension schemes. [...]
Wealthy parents ramp up gifts ahead of feared inheritance tax raid November 4, 2025 Parents are locked in a race to organise financial gifts and inheritance tax arrangements ahead of an anticipated clampdown at next month’s Budget, with some advisers reporting a doubling of transactions in recent weeks. Half a dozen lawyers and tax advisers told City AM that the widely expected overhaul of gifting rules at the Budget [...]
Exclusive: Tory peer Lord Garnier joins Pillsbury amid London expansion November 4, 2025 Tory peer Lord Edward Garnier is joining US law firm Pillsbury as senior counsel, as it continues its expansion into the City, City AM can reveal. Lord Garnier KC, currently a member of the House of Lords, served as Solicitor General under David Cameron. He was MP for Harborough from 1992 to 2017. The barrister, [...]
British SMEs locked out of trade deal benefits as red tape bites November 3, 2025 Britain’s small businesses are failing to reap the rewards of the government’s post-Brexit trade deals, as red tape, tariffs, and weak confidence leave exports flatlining and financial distress mounting across SMEs, according to a new report. New figures from the British Chambers of Commerce (BCC) show that 84 per cent of firms with fewer than [...]
Rachel Reeves considering ‘exit tax’ on wealthy Brits fleeing the UK November 3, 2025 Rachel Reeves is looking at a tax on wealthy Brits leaving the UK and a mansion tax, as last ditch levers to pull ahead of the Budget. The Times reported on a possible 20 per cent “settling-up charge” on business assets, which is the rate of Capital Gains Tax (CGT). It is thought that the [...]