Rachel Reeves promises to ‘revolutionise’ UK capital markets and boost London listings October 8, 2024 Ministers and regulators have made urgent efforts to inject more life into Britain's capital markets amid a dearth of IPO activity and heavy outflows from UK equity funds.
‘Challenging policy’: What the pushback to private school VAT plans reveals October 8, 2024 VAT… easy as ABC? It may not quite be Blair’s ‘education, education, education’ mantra, or Michael Gove’s multi-academy trusts. But for Sir Keir ‘my-father-was-a-toolmaker’ Starmer, there’s been one education policy that’s been front and centre of his manifesto and the first 100 days. This is, of course, the plan to impose VAT on private school [...]
With Sue Gray gone, Keir Starmer will have no more excuses October 8, 2024 Sue Gray is carrying the can for the shortcomings and mistakes of her boss, says Henry Newman Morgan McSweeney is Keir Starmer’s second chief of staff following Sue Gray’s resignation. And we aren’t even 100 days into the new government. Some of his predecessors lasted far longer. David Cameron’s only chief of staff was there [...]
Assura boss: UK at ‘turning point’ in healthcare as more Brits snub NHS and go private October 7, 2024 Healthcare property giant Assura has called for investment in the sector and said that the UK is a turning point in its delivery of healthcare alongside its half-year results. Chief executive Jonathan Murphy said that the need for investment in healthcare was “starkly outlined” by the recent Lord Darzi report, which found the current primary [...]
Budget: Rachel Reeves set to drop pensions tax raid plans, per report October 7, 2024 Rachel Reeves is reportedly set to drop plans for a tax raid on pensions over fears it could unfairly affect public sector workers. The Chancellor has been warned that a scheme to reduce the 40 per cent tax relief on higher earners could disproportionately impact teachers and nurses, the Times reported. Treasury officials told Reeves [...]
It wasn’t supposed to be this way, was it? October 7, 2024 Kremlinology is an old Cold War concept referring to the study of key individuals high up in the Soviet government. Who was in favour, who hadn’t been seen in a while, who was winning power struggles and who had been shot; Western analysts devoured such intelligence in an effort to understand who was actually in [...]
Fears grow about Labour’s private school VAT raid October 6, 2024 According to analysis published by the Independent Schools Council (ISC) last week, there was a 1.7 per cent drop in the number of children attending private school in the last year.
Starmer set to announce £22bn boost for UK carbon capture October 4, 2024 The UK is set to invest almost £22bn over 25 years in carbon capture and storage schemes, Sir Keir Starmer is to announce ahead of the upcoming international investment summit. Projects in Teesside and Merseyside will benefit from the £21.7bn in funding over 25 years, which the government says will attract £8bn in private investment [...]
Labour capital gains hike would probably cost Treasury money, experts warn October 3, 2024 As the budget approaches, speculation is mounting that Chancellor Rachel Reeves is planning to reform CGT to help fill an alleged £22bn blackhole in the public finances.
Is Rachel Reeves planning a £24bn pension tax raid? October 1, 2024 It has been reported that the Treasury is considering what could amount to a £24bn pension tax raid as Rachel Reeves tries to plug her £22bn budget black hole. The Chancellor has reportedly been looking at tax relief on pension contributions, specifically, employers’ national insurance relief. There are two forms of national insurance. Employees, paid [...]