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      UK businesses turn to overseas talent and AI as Reeves’ taxes bite

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incomes

  • Reeves’ income tax decision to hit wealth creators, warns Castore CEO

    Personal Finance

    The co-founder of sportswear brand Castore has hit out at Chancellor Rachel Reeves for freezing income tax thresholds as a “way of delaying the inevitable impact for entrepreneurs and wealth creators”. Tom Beahon, who leads the Manchester-headquartered company alongside his brother, added that “you can’t build a growth economy by disincentivising risk taking”. Announced in [...]

    Tom and Phil discussing business strategies at a conference, both in suits, with a presentation screen in the background
  • Dishoom warns that Brits’ low incomes pose risk for hospitality

    hospitality

    Dishoom has warned that the dual effects of still-low disposable income in the UK and tax rises in last autumn’s Budget present a short-term risk to British hospitality. The iconic restaurant business added that these factors may be exacerbated by “a possible slowdown in economic growth”. Confidence in the UK’s hospitality sector has been in [...]

    Photo by Andy Hay on Unsplash

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