After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
UK state growing at faster pace than France after spending splurge and tax hikes October 14, 2026 The size of the British state is growing by a larger amount than any other G7 nation apart from Germany since the pandemic in 2020, figures on government spending from the International Monetary Fund have shown. The IMF’s latest report on countries’ fiscal outlook shows that UK government spending is set to rise by 5.2 [...]
Healey plans £1bn e-commerce crackdown to fund retail tax breaks October 14, 2026 John Healey is preparing to announce a £1bn tax crackdown on online marketplaces like Amazon and Temu to fund tax cuts for high street shops. At the Budget later this month, the Chancellor is expected to make e-commerce platforms like Amazon, Ebay and Temu responsible for collecting tax owed by the sellers using their site, [...]
B&Q and Screwfix CEO: Healey must cut business rates October 14, 2026 Of all the levers available, reforming business rates presents the single biggest opportunity for the Chancellor to help retailers keep investing, says Thierry Garnier If the Prime Minister wants to deliver growth in every postcode, he can look at the businesses that are already present in every community. Retailers employ 2.75m people across the country [...]
Sunday trading, VAT-free shopping? Healey has plenty of low-hanging fruit this Budget October 14, 2026 Sunday trading, tax exemptions for NEETs: there's an abundance of low-hanging fruit for Healey to back businesses this Budget.
We’ll cut Neet support if Healey hikes taxes, warns boss of B&Q owner Kingfisher October 14, 2026 The boss of B&Q-owner Kingfisher has warned John Healey that the FTSE 100 firm may have to cut its support for unemployed young people if the Chancellor hikes taxes. Thierry Garnier, the retail group’s chief executive, wrote in City AM that the Chancellor must exempt shops from the highest bracket of business rates at the [...]
Exclusive: Healey looks to lower business costs of hiring young people October 14, 2026 Chancellor John Healey is drawing up measures to slash the cost of hiring under-25-year-olds at the Budget, City AM understands, as the government looks to tackle the crisis of youth unemployment and ease pressures facing businesses. A move to tackle the number of young people not in employment, education or training (Neets) by reducing hiring [...]
Plus500’s super-app ambitions risk re-telling a familiar London story October 14, 2026 Plus500 laid out plans for a super-app across the Atlantic, in this week’s column Samuel Norman looks at how it could frame their future. Also on the agenda, Healey continues pre-Budget summits and does anyone still care about the digital pound? Is a London-listed fintech turning to the US for its monumental ‘super-app’ a point [...]
Healey rejects calls to equalise capital gains and income tax rates October 13, 2026 Chancellor John Healey has reportedly rejected calls by senior Labour figures to raise capital gains tax to the same levels as income tax, after warnings that an increase would harm Britain’s appeal to investors. Several senior cabinet ministers have in recent months called for capital gains tax (CGT) to be equalised with income tax in [...]
Retailers press Healey to cut high street taxes at crunch Downing St meeting October 13, 2026 Retailers urged John Healey to “reverse the damage” of rising high street taxes as the Chancellor met industry bosses on Tuesday. Top retailers including Tesco, Sainsbury’s and Marks & Spencer pressed Healey on business rates and youth unemployment but the Chancellor stopped short of confirming any Budget measures. Healey hosted high street bosses at Number [...]
UK economy to suffer second-highest inflation in G7 October 13, 2026 The UK economy will suffer the second highest inflation of any G7 country over the next two years, the International Monetary Fund has warned, putting Chancellor John Healey’s efforts to ease the cost of living at risk. In its latest report published today, the global finance body has said that inflation will remain above the [...]