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

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James Timpson

  • Rachel Reeves’ tax hikes to cost Timpson £12m extra a year

    Retail

    Chancellor Rachel Reeves’ Autumn Budget tax hikes are set to cost the business empire of fellow government minister Lord James Timpson £12m extra a year, it has been revealed. The Manchester-headquartered group said the increases in employer’s National Insurance contributions and the National Living Wage will eat into its earnings in the years to come. [...]

    Lord James Timpson stepped down as the group's CEO in July 2024 when he joined the government. (Photo by Ben Whitley-WPA Pool/Getty Images)
  • Timpson boss and Covid adviser Patrick Vallance join Keir Starmer’s government

    Politics

    Keir Starmer has named Timpson boss James Timpson and former chief scientific adviser to the government Patrick Vallance as junior ministers after Labour's historic election victory.

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