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Labour

  • Non-doms are paying record taxes, but Labour will shove them out the door

    July 12, 2024

    The wealthiest non-doms are packing their bags and taking their outsize contributions to the exchequer with them, and that’s just the start of the exodus of the wealthy that will occur if Labour implements its plans, says David Lesperance “London is nice… but it’s not that nice!” These were the words of one of my [...]

  • Barratt: Capacity to build new homes, but not enough land to build on

    July 10, 2024

    Barratt is one of the UK's top builiders, but it has struggled to grow this year.

  • Housebuilder Barratt to deliver profit ‘slightly ahead’ of expectations despite challenging conditions

    July 10, 2024

    In a trading update covering the year to June, Barratt said that total home completions were at 14,004. Although this was down on 17,206 last year, it was still at the "upper end" of the firm's guidance.

  • Reeves under pressure to shift the dial on pension investment 

    July 10, 2024

    Rachel Reeves and Labour will be tasked with driving through the so-called Mansion House compact and unlocking pension cash.

  • Labour pledges to ’embrace’ fintech in bid to deliver £330bn boost

    July 10, 2024

    Rachel Reeves' Treasury has pledged to "embrace" the fintech sector today after a trade body said the industry could bolster the government's coffers to the tune of £330bn over the next five years.

  • Tax from UK’s 74,000 non-doms paid for 18 days of NHS spending in 2022

    July 9, 2024

    Non-doms contributed nearly £9bn to the exchequer through tax and national insurance contributions (NICs) in the 2023 tax year, the highest amount since 2017, when new rule changes were brought in.

  • Wes Streeting: NHS is now an ‘economic growth department’ in bid to address long-term sickness

    July 9, 2024

    "This is no longer simply a project services department," he said. "This is an economic growth department. And the health of the nation and the health of the economy are inextricably linked."

  • Amazon workers begin vote on historic union ballot

    July 9, 2024

    More than 3,000 staff at Amazon's Coventry site are taking part in the vote, which will last until July 13. The result is expected two days later.

  • ‘Bag ready’ private equity execs more worried about Reeves’ carry policy than Corbyn

    July 9, 2024

    Private equity execs are "bag ready" to leave the UK to avoid Labour's carried interest policy, with some City lawyers giving more legal advice than then when Corbyn was leader, leading industry figures and advisers have said.

  • Tony Blair urges new government to harness ‘truly revolutionary’ potential of AI

    July 9, 2024

    Tony Blair has urged the new Labour government to harness the "truly revolutionary" potential of AI to help radically reform the provision of public services.

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