Stephen Kinnock says Reeves looking ‘very carefully’ at wealth tax July 8, 2025 Health minister Stephen Kinnock has given the strongest hint yet that a wealth tax might be on the agenda for the government after his father – the former Labour leader Lord Kinnock – intervened to push for the policy over the weekend. The junior Kinnock told LBC’s Shelagh Fogarty that the government has “already taken [...]
Labour voters are suffering from buyers’ remorse July 8, 2025 32 per cent of those who voted Labour in 2024 say that they regret voting the way that they did at the last General Election, compared to just 15 per cent of all voters, according to the latest City AM/Freshwater Strategy Poll, says Matthew Lesh Even the Chancellor’s harshest critics must have felt a flicker [...]
If you think it’s bad for Henry on £100k, spare a thought for his Gen Z brother July 8, 2025 Life may be tough if you’re a High Earner, Not Rich Yet – but at least Henry has hope. His younger counterpart Nick, 30, has only known bad times and he’s fuelling the rise of populist parties, says William Atkinson Last week, Eliza Filby profiled the plight of the Henry: a High Earner, Not Rich [...]
John Caudwell: Bezos gives billionaires a bad name July 8, 2025 If you ever want to feel like you don’t quite do enough with your time, speak to John Caudwell. We are approaching the culmination of a wide-ranging interview, and the billionaire founder of Phones 4u – and a man hoping to build London’s most expensive housing development ever – runs through his terrifyingly busy schedule [...]
How to solve the UK’s non-dom conundrum July 1, 2025 After industry experts poured cold water on Reform’s ‘Britannia Card’, and amid rumours the Chancellor is examining options to row back on elements of her non-dom reforms, Ali Lyon asks what policies might be on the table – and whether they will work. As Nigel Farage stepped up to a mundane-looking podium in a stuffy [...]
Can Kemi Badenoch woo the City? July 1, 2025 The Conservative leader sits down with City AM’s City editor, Simon Hunt. The Labour government is gearing up for an anniversary. On 5 July, the party will have completed its first full year in office since it was kicked out in 2010. Having won last summer’s general election with a thumping majority of 411, Sir [...]
Jeremy Hunt ‘made mistake’ in taxing non doms June 27, 2025 Former Chancellor Jeremy Hunt was wrong to target non doms as part of efforts to raise more government revenue from tax, shadow business secretary Andrew Griffith has said. Hunt abolished a special tax status for non-domiciled residents in his last Budget, then raising £2.7bn, before Rachel Reeves went further by removing a carve-out that allowed [...]
Farage is right to try to woo back non-doms like me, but it may be too late June 25, 2025 Nigel Farage is right to try to address the non-dom exodus, but it may be too late as many of us have already made the difficult decision to leave, says Dr Ann Kaplan Mulholland The recent non-dom exodus from the UK has thrown the nation’s economy into a tailspin. Originally established in 1799 to attract [...]
Reform UK: Zia Yusuf hits back at ‘far left’ non-dom policy critics June 24, 2025 Reform UK’s DOGE chief has hit back at criticisms of the party’s newly-unveiled ‘Robin Hood’ non-doms policy from tax experts, which he described as “drivel”. In a ten-post thread on X, Zia Yusuf embarked on a detailed critique of tax commentator Dan Neidle, after the Tax Policy Associates founder said that there were “several significant [...]
Millionaires on the move? Britain can’t afford this wealth flight. June 24, 2025 All around the world, money is on the move. Millionaire migration might seem like a niche narrative, but it sparks serious debate and can lead to major policy changes. No individual dataset can be taken as flawless, but a number of different sources can be pooled that, taken together, paint a picture of where wealth [...]