Inheritance changes for farmers ‘risks missing the target’ on tax avoidance November 25, 2024 "The Budget proposal doesn’t go far enough to stop avoidance, but goes too far in how it applies to actual farms," Dan Niedle, founder of the think tank said
Labour hits back at concerns rail nationalisation could compromise safety November 24, 2024 The DOHL currently runs the four nationalised companies: East Coast Main Line, Northern Rail, Southeastern and Transpennine Express.
UK sanctions Dmitry Firtash and Isabel dos Santos as it ramps up crackdown on kleptocrats November 21, 2024 The UK has issued fresh sanctions against a series of “unscrupulous kleptocrats”, including Ukrainian oligarch Dmitry Firtash and Angolan billionaire Isabel Dos Santos, as it cranks up its crack down on corruption and dirty money.
Defence secretary refuses to confirm whether UK missiles were used against Russia November 21, 2024 The defence secretary has insisted he “won’t be drawn on operational details” of the conflict in Ukraine amid reports UK-made missiles have been fired into Russia. Russia’s military said it has shot down two UK-made Storm Shadow missiles, following reports that debris from the weapons had been discovered in the country’s Kursk region, which borders [...]
Family-run coach firms reeling from inheritance tax overhaul November 21, 2024 While there are a handful of national players, around eight in ten small and medium sized coach operators in Britain are family-owned.
Rachel Reeves needs to channel Alexander the Great, says City group November 21, 2024 The Association of British Insurers called on Rachel Reeves to break the “regulatory Gordian knot” last night – Hannah Gurga told City AM why the group is calling for faster reform. According to ancient Greek legend, he who untied the Gordian knot was destined to rule over the whole of Asia. Unravelling the stubborn splice [...]
Housing crisis ‘hampers growth’ but minister vows 1.5m target on track November 20, 2024 The UK’s housing crisis “hampers economic growth and productivity”, the housing minister has said, as he insisted the target of 1.5m new homes can be achieved. Labour pledged in its manifesto ahead of the election to deliver the 1.5m net additional dwellings over the course of the Parliament, ending in 2029. It came in response [...]
Lidl boss warns retailers are ‘reeling’ after Budget tax raid November 20, 2024 The boss of budget supermarket Lidl has warned retailers are “reeling” following Labour’s tax raid in the Autumn Budget. The German supermarket’s UK boss Ryan McDonnell said the discount brand was staring down the barrel of “tens of millions of pounds” in extra costs. This comes after the Chancellor unveiled a £25.7bn tax-raising package, with [...]
Crest Nicholson: Housebuilder pivots away from low-margin affordable homes November 20, 2024 Housebuilder Crest Nicholson has said it will trade away from low-margin sites – like affordable homes – as it looks to shore up its balance sheet after a tough year. Crest told markets this morning, it built 1,873 homes in the year ended October 31, of which 45 per cent were affordable – just under the [...]
Surging housing costs push inflation back above Bank of England target November 20, 2024 Inflation has risen back above the Bank of England’s two per cent target, the latest data has shown today. According to the latest figures from the Office for National Statistics (ONS) consumer price inflation (CPI) hit 2.3 per cent in October. The figure came in above economists projections. Economists had forecast CPI to come in [...]