Badenoch’s inheritance tax gamble Economics The Midday Market report is a new newsletter from City AM, giving you fresh analysis on the biggest stories in the City straight into your inbox every lunchtime. Today, Ali Lyon chews over Kemi Badenoch’s Tory conference inheritance tax overhaul, and what it might mean for the UK’s irrational tax system. Sign up to the [...]
Reform-linked think tank calls for sweeping City deregulation and tax cuts Politics A Reform UK-linked think tank has called for sweeping tax cuts for investors and an overhaul of regulation in a report that was described by Richard Tice and Robert Jenrick as a “serious contribution” to the UK’s growth debate. The Centre for a Better Britain has called for the abolition of capital gains taxes and [...]
Reform hits back at Tory plan to ‘abolish inheritance tax’ Politics The Conservatives and Reform UK have clashed over plans to abolish inheritance tax as Kemi Badenoch prepares to put tax cuts at the heart of her pitch to voters. Badenoch is considering pledging to scrap inheritance tax if the Tories win the next general election, with the policy potentially forming the centrepiece of her party [...]
Rayner warns Reform’s £72m crypto windfall could be caught by new donor rules September 13, 2026 Angela Rayner has warned Reform UK that its record £72m fundraising haul from two cryptocurrency billionaires could be caught by retrospective rules being pushed through parliament. The housing secretary said new restrictions on political donations from Britons living abroad, or those who have recently returned to the UK, would be backdated as ministers seek to [...]
Has Reform managed to win over the City? September 5, 2026 Reform UK officials hope that its first-ever Business Day paid dividends at its conference. Maurício Alencar reports on a dramatic 72 hours in Birmingham and asks whether industry chiefs are satisfied with what they’ve heard and seen. Asked for an umbrella phrase to describe Reform’s economic philosophy, policy guru Dr James Orr responded that the [...]
Jenrick pledges to raise tax-free personal allowance to £15,000 September 5, 2026 Robert Jenrick has pledged to raise the tax-free personal allowance from £12,570 to £15,000 in his first budget as Chancellor if Reform UK is elected into government. In a speech on Saturday, Jenrick will say that the £21bn tax cut would show the party’s mission to “choose the worker”. He will add that Reform would [...]
Farage vows to call ‘national emergency’ on day one September 3, 2026 Nigel Farage would call a “national emergency” to highlight the country’s woes after successive Tory and Labour governments. Under plans proposed by a Reform government, Farage would make MPs sit in parliament seven days a week to pass bills written by the government, including through the summer. At a speech on Friday at the Reform [...]
Jenrick refuses to rule out bank tax September 3, 2026 Reform UK’s Treasury spokesman refused to rule out a banking tax mooted by the party’s leader Nigel Farage, who said he would hit lenders because he didn’t “like” them. Speaking at a Reform conference event organised by City industry representatives, Jenrick said the party had not committed to banking taxes. However, the party’s economic chief [...]
Reform UK chiefs ask to meet gilt holders amid bond rout September 3, 2026 Robert Jenrick has asked to meet with top traders at the likes of Barclays and Goldman Sachs in London and New York who hold UK gilts as a recent surge in borrowing costs threatens the UK’s public finances. Reform’s Treasury spokesman announced at the Reform conference that he had written to the major holders of [...]
Robert Jenrick: only Reform will cut spending and restore confidence in Britain September 3, 2026 Robert Jenrick, Reform UK’s shadow chancellor, says markets can’t be lectured into trusting Britain. Only a credible plan for spending cuts can restore confidence Andy Burnham infamously declared he didn’t want to be “in hock to the bond market”. Six weeks into his premiership, his bold claim has aged like milk. The bond markets are [...]