Healey is chasing away City professionals for very short-term gains October 9, 2026 Retaining the individuals who fund business expansion should be considered a national priority, but Healey looks more likely to drive them away.
How to prevent the next Asos? Give businesses cybersecurity tax relief October 9, 2026 With Asos just the latest to be the victim of a cyber hack, it's time for the UK to start incentivising businesses to up their security.
Badenoch’s inheritance tax gamble October 8, 2026 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 [...]
Bolt set for £190m VAT bill after legal defeat October 8, 2026 Ride-hailing platform Bolt has been refused permission to appeal a case brought by HMRC over how it calculates and pays its VAT. This follows HMRC winning an appeal in June against the Estonian tech giant over its VAT payments and calculations, overturning earlier decisions that had ruled in Bolt’s favour. The tax authority brought the [...]
Minister denies Labour’s tax hikes behind youth unemployment October 8, 2026 The Labour government’s £25bn hike in taxes paid by employers is not the main driver behind rising youth unemployment, a government minister told City AM. Baroness Jacqui Smith, the skills minister, said that changes in NICs and minimum wages have not been the main drivers behind a rise in unemployment rates for people under the [...]
Badenoch vows to end inheritance tax on family homes October 7, 2026 Kemi Badenoch has announced that the Tories will scrap inheritance taxes on family homes if the party is elected. In her main address to party members at the Conservatives’ conference, she said the Conservatives would restore “common sense” as political leaders enter a “battle for the soul of this nation”. The new pledge on inheritance [...]
Stages of tax grief: Is it time for bankers to bargain? October 7, 2026 Banks are in the firing line at the Budget and in a meeting with bosses on Tuesday chancellor John Healey played coy on any increased rates. In this week’s column Samuel Norman looks at what trade-off could be made. Also on the cards, fresh data shows fintechs are lurching ahead of the incumbents on customer [...]
Badenoch says next election is ‘battle for the soul of this nation’ October 6, 2026 Kemi Badenoch will argue that the next election will be the biggest “battle for the soul of this nation”t seen in at least half a century as Tory officials gear up for the prospect of an early election. In her main speech on Wednesday, Badenoch will say that partly leaders will wrestle over a “battle [...]
Badenoch to offer tax cuts as Tories pitch ‘credible alternative’ to Labour October 6, 2026 Expectations are growing that Kemi Badenoch will announce “multiple” tax cuts in her flagship speech at the Conservative Party conference, with announcements on national insurance and inheritance tax set to take centre stage. The Tory leader is looking to boost her support base among Britain’s middle classes as she warned that an early election would [...]
Jeremy Clarkson at Tory conference: ‘Why would anybody set up a business in this country?’ October 5, 2026 Jeremy Clarkson hit out at the Labour government over its decision in 2024 to impose higher inheritance taxes on farming land two days before Tory leader Kemi Badenoch is expected to call for a cut. Clarkson said government officials failed to understand the impact of changes facing family farms as some owners had to sell [...]