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Tax

  • FTSE 100 Live: Gold surges amid Trump tensions; JLR leads growth rebound

    January 15, 2026

    Good morning and welcome back to the City AM liveblog. Rachel Reeves’ report card for 2025 has received another dim review with fresh figures from the Office for National Statistics (ONS) showing growth came in at a sluggish 0.1 per cent in the three months to November 2025. This was led by a modest rebound [...]

  • Divorced retirees more likely to rely on the state pension

    January 14, 2026

    Thousands more divorcees depend on the state pension compared to those in a marriage as the financial impact of separation continues to ripple into retirement across the UK. Nearly 70 per cent of divorcees rely on the state pension for their main source of income after leaving the workforce, compared to 45 per cent of [...]

  • Switch focus from DEI to local needs, Brits tell business

    January 14, 2026

    British businesses need to become more local and focus less on DEI (diversity, equity and inclusion) hiring practices, according to a new report. A major survey from SEC Newgate UK has revealed a majority of Brits think companies are doing too little to prioritise local food production, manufacturing and energy independence. The report also shows companies [...]

  • Scottish higher earners at risk of being hammered with more tax

    January 13, 2026

    Higher earners in Scotland could pay over £1,000 more in extra tax, as the Scottish Finance Secretary copies Rachel Reeves’ Autumn Budget playbook. Finance Secretary Shona Robison opted to raise the tax threshold for both basic and intermediate tax payers, but left the higher rate unchanged, which is likely to drag more earners into higher [...]

  • Retail investor tax anxiety hits record highs

    January 13, 2026

    Retail investor anxiety surrounding taxes has hit a record high, as Brits work to absorb the impact of Autumn Budget policy changes. Nearly 50 per cent of UK investors said they were concerned about the impact of taxes and government policies on the performance of their portfolios for the coming year in December, up from [...]

  • Vast majority of Brits expect more damaging tax hikes in 2026

    January 13, 2026

    Nearly four in five Brits are bracing themselves for further tax rises this year, with voters fearing that more money going into government coffers will damage growth.  Keir Starmer has kicked off the year with pitches on improving the cost of living for millions of people across the country.  Extra welfare payments for some families [...]

  • HENRYs set for further Budget blow as more dragged into £100K tax trap

    January 13, 2026

    Thousands more UK workers are set to be pulled into the £100,000 tax trap as high earners brace for a further financial squeeze. The number of Brits earning six-figure salaries is set to surpass two million for the first time according to estimates from HMRC obtained by Rathbones, leaving more high earners to face the [...]

  • London families to shoulder nearly a quarter of all inheritance tax bills 

    January 13, 2026

    Families in London and the South East coughed up nearly half of all UK inheritance tax receipts, amid a continued climb in property prices. Londoners paid the greatest share of the unpopular levy, at 23 per cent, narrowly ahead of the South East at 22 per cent. This was followed by the South West, but [...]

  • The tax return deadline is looming. Here’s how to avoid fines 

    January 12, 2026

    Many of us are guilty of putting our personal finance admin on the back burner, opting to leave paying our bills, planning the monthly budget and checking insurance policies until the last minute. But  with the deadline of the 31st inching ever closer, leaving your self-assessment tax return until the final days of January, leaves [...]

  • Starmer and Reeves ‘credibility shot’ after pubs tax U-turn, says Badenoch

    January 11, 2026

    The credibility of Prime Minister Sir Keir Starmer and Chancellor Rachel Reeves has faced a bruising after they were forced to make a dramatic U-turn on their business rates reform for pubs, the leader of the Conservative party has said. Ministers are set to water down the business rates bombshell slapped on pubs following fierce [...]

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