Wealth advisers battle client fears as Budget tax speculation grows Personal Finance Wealth advisers are being hit with an influx of questions over tax changes as speculation over what may be announced in next month’s Autumn Budget continues to grow. Wealth and asset managers across the City are reporting a surge in conversations with affluent clients who are becoming worried about potential tax changes which could affect [...]
Burnham urged to launch £26bn tax raid on high earners Economics Chancellor John Healey and Prime Minister Andy Burnham could raise £26bn by hiking capital gains taxes and applying national insurance to other areas of income, according to plan put forward by academics that will rattle the City and Westminster ahead of this year’s Budget. Researchers at the Centre for Analysis of Taxation (Centax), consisting of [...]
Jim O’Neill: Capital gains tax hike ‘looms’ as top option for Burnham Politics Lord Jim O’Neill has warned a hike to capital gains tax “looms out” as one of the easiest revenue-raising options for Andy Burnham and his chancellor, John Healey, as the pair draw up plans for their first Budget in October. “They’ve ruled out the three main taxes, so if they’re going to have to find [...]
John Caudwell and Stuart Rose blast ‘tax creep’ August 24, 2026 Billionaire political donor John Caudwell and retail bigwig Lord Stuart Rose have hit out at the “creep of taxes” hitting businesses across the country. The influential business veterans have joined a campaign led by entrepreneur group Helm calling on the government to “stop the creep of taxes on wealth creators”. A letter, which has been [...]
Fixing the £100,000 tax trap would be a bold first step – let’s not undermine it by taxing investment more July 9, 2026 Lord O’Neill is right to call for reform of the £100,000 tax trap, but taxing capital gains more heavily could end up costing the Treasury £8bn, says Michael Healy This week, a group of leading economists led by Lord O’Neill called for a fundamental overhaul of the UK’s tax system. Their argument that Britain has [...]
‘One-two punch’ – Families face huge capital gains death tax under Burnham July 9, 2026 Bereaved families could face a huge tax bill under an Andy Burnham premiership if the likely next Prime Minister presses ahead with a policy to hike capital gains tax on assets of the deceased. Supporters of Burnham, including the former health secretary Wes Streeting and ex-transport minister Louise Haigh, have said previously they believe wealth [...]
‘Too much tax, too much regulation’: Fintech chief sounds alarm on UK economy and IPO market July 7, 2026 The boss of one of the UK’s fastest-growing fintech unicorns has warned the country risks “putting founders off” with overregulation and heavy taxation as speculation rises that the Labour government could make a major lurch to the left. Paul Taylor, who founded banking software firm Thought Machine in 2014, told City AM he feared UK [...]
Burnham tax plans spark investor rush to bank capital gains July 2, 2026 Entrepreneurs and savers are rushing to bring forward the sale of their businesses or take profit on investments in anticipation of Andy Burnham’s rumoured plans to fund his ambitious devolution agenda by equalising capital gains tax with income tax. Tax and financial advisers reported a sharp uptick in client enquiries on the likely Prime Minister’s [...]
Top Burnham adviser calls for capital gains and inheritance tax hikes June 28, 2026 Andy Burnham’s top adviser has called for capital gains and inheritance tax to be hiked and the fiscal rules to be loosened so the government can borrow billions. Ex-transport secretary Louise Haigh, who led Burnham’s Makerfield campaign and is set to take a senior position in his Cabinet, is also pushing to dismantle the Treasury. [...]
Autumn Budget: Will the UK keep its tech talent or drive it abroad? November 25, 2025 Time is running out for Rachel Reeves to reassure the sector she has spent months courting. With tax rises looking increasingly likely in Wednesday’s Autumn Budget, the mood across UK tech has shifted to concern, reviving the warning issued earlier this month by some of Britain’s most valuable founders: change course, or risk watching high-growth [...]