Startup success is rare enough in the UK without any more taxes October 5, 2026 If our rare startup successes are taxed further, more of our spinouts will end up sold early to foreign buyers and we risk losing their IP.
Britain’s second richest person leaves for Monaco amid tax bite October 4, 2026 Britain’s second richest person has left Britain for Monaco where billionaires can avoid paying income tax, inheritance tax or capital gains tax, according to reports. David Reuben, who also partly owns Newcastle United alongside Saudi Arabia’s Public Investment Fund, is joining his brother Simon in the principality, The Sunday Times reported. The two brothers were [...]
National Audit Office launches review into Capita’s handling of civil service pension scheme October 2, 2026 Capita has said the public spending watchdog has launched a review into its administration of the Civil Service Pension Scheme, after admitting its performance “remains below” the standards expected. The National Audit Office (NAO) has launched a further formal review into the London-listed outsourcer’s handling of the scheme, building on the watchdog’s initial June 2025 [...]
AI minister updates guidance after ‘don’t thank ChatGPT’ advice to civil servants October 1, 2026 Britain’s AI minister has ordered changes to government guidance that urged civil servants to limit their use of AI, saying it failed to reflect ministers’ ambitions to ramp up adoption across Whitehall. Kanishka Narayan said guidance published last week had now been updated after it advised government workers to use AI only when necessary, choose [...]
Burnham’s ‘costly’ policy agenda sparks investor nerves October 1, 2026 Andy Burnham’s “costly” policy agenda and the resurgent threat of inflation are weighing on investors’ appetite for the UK, according to a closely-watched survey of top money managers, which also revealed waning hopes of a rebound in London’s IPO market this year. Berenberg’s Investor Barometer, which polled 300 international investors managing a combined $1 trillion, [...]
Dispatch: Discos and despair at the Labour Party Conference October 1, 2026 Labour conference parties, the Guinness revolution and the triple lock kibosh; catch up on the latest gossip in The Capitalist.
James Cleverly: I will fight Labour’s anti-London ‘mansion tax’ October 1, 2026 London will be hit the hardest if Andy Burnham lowers the threshold for the ‘mansion tax’ to £1.5m – which only gets you a flat or an ordinary terraced house in many parts of the capital, says James Cleverly Andy Burnham’s Family Homes Tax is yet another attack on London. Last year, Rachel Reeves announced [...]
With Brexit on the ballot the next election will be box office October 1, 2026 Whatever else Andy Burnham’s conference speech achieves, it has certainly opened up some major dividing lines in British politics – and some old wounds. The next election, when it comes, could well have Brexit on the ballot after the PM said he’s open to looking at everything from joining the customs union or entering the [...]
The huge costs facing Andy Burnham – and the financial tightrope he must walk October 1, 2026 Andy Burnham said he didn’t set out to deliver a “tub-thumping conference speech” but it was packed with huge pledges to take control over utilities and expand the state. Maurício Alencar considers just how costly his promises are in the long term – and in the next month. Andy Burnham had all the goodies for [...]
Andrew Griffith: Burnham’s only belief is that the state knows best September 30, 2026 Andy Burnham has offered up a ten-year plan for socialism. Conservatives would do things differently, says Andrew Griffith I sat down to watch Andy Burnham’s conference speech on Tuesday with trepidation but a genuine interest in what he was going to lay out for people who create jobs, take risks in starting their own businesses [...]