Charities ‘penalised’ by Rachel Reeves’ taxes July 8, 2025 Chancellor Rachel Reeves’ hike to employers’ national insurance contributions (NICs) has “penalised” staff at charities up and down the UK, a new study has suggested. Rachel Reeves has reportedly suggested the £20bn tax raid on mid-sized firms was “low hanging fruit” to provide extra funding for the NHS and schools. But the collateral damage from [...]
John Caudwell: Bezos gives billionaires a bad name July 8, 2025 If you ever want to feel like you don’t quite do enough with your time, speak to John Caudwell. We are approaching the culmination of a wide-ranging interview, and the billionaire founder of Phones 4u – and a man hoping to build London’s most expensive housing development ever – runs through his terrifyingly busy schedule [...]
CEO brands B Corp status ‘greenwashing’ as she gives up title February 27, 2025 The founder and chief executive of a London-based pet food brand has said she’s decided to give up her firm’s B Corp status after criticising the coveted certification as “little more than a marketing badge and greenwashing”. Entrepreneur Aneisha Soobroyen set up Scrumbles in 2018 and achieved the status a year later. However, the CEO has [...]
City of London great and good raise record £160k for School of Hard Knocks February 14, 2025 The City of London’s best, brightest, great and good descended on Threadneedle Street’s M Restaurant as a record £161,000 was raised at the annual School of Hard Knocks Long Lunch. Leading City stalwarts including Champions Cup sponsors Investec were joined by the likes of Firethorn Trust, Clarksons, Falko, England international Andy Gomarsall, LBC’s Nick Ferrari [...]
Tennis star Taylor Fritz donates Australian Open prize money to LA fire relief January 16, 2025 California-born tennis star Taylor Fritz has pledged to donate some of his Australian Open prize money to help victims of the fires that have swept through LA. The American men’s No1 is giving his first-round winnings of A$132,000 (£67,000) to relief efforts as the wildfires continue to wreak devastation on the city. “I just want [...]
Why you shouldn’t give to charity this Christmas December 20, 2024 You wouldn’t make all of your investment decisions in the last few days of the year, but that’s when most people make their charitable donations. It’s not effective philanthropy and it doesn’t help the charities themselves either, says Gilad Tanay It’s Christmas season. In London, that generally means a few things: last-minute present shopping, filling [...]
The Notebook: T’is the season of goodwill and charity. Here’s how to make yours count November 27, 2024 Christmas is when most of us become our most charitable, but here's how to make your goodwill actually count, writes James Reed.
Britain should prioritise global philanthropic capital, foreign investors say October 20, 2024 A group of overseas philanthropists has identified the UK as one of the most fertile places to invest for impact, and the hope to see social investment prioritised ahead of the budget. In an open letter seen by City AM, six foreign investors labelled the UK a leader in science and innovation, highlighting “the virtues [...]
How British philanthropists can be the world’s most generous October 15, 2024 Today, the Stock Exchange will play host to a gathering of philanthropists, wealth advisers and policymakers in a spirited effort to stimulate and celebrate philanthropy. The Giving and Impact Summit 2024 takes place the morning after the UK government’s International Investment Summit, underscoring the importance of charitable giving and the role the UK plays on [...]
Literacy Capital swaps charity donations for private equity fees October 8, 2024 Private equity investment trust Literacy Capital is cutting down on its mission of paying out charitable donations, while upping the fee paid out to management. The only investment trust set up with a charitable objective, it has given £10m to literacy charities in the UK since it was created in 2017. Now, the trust will [...]