Hedge fund billionaire Chris Rokos joins UK wealth exodus Wealth The hedge fund billionaire Chris Rokos has joined the ranks of ultra-wealthy residents in leaving the UK, in a decision likely to cost the government billions of pounds lost tax revenue. Rokos, the founder of his namesake investment firm Rokos Capital Management who paid more than £300m in tax last year alone, is leaving the [...]
Can John Healey deliver the growth the UK needs? Economics The Chancellor John Healey says growth will provide the “pathway out of indebtedness and into prosperity”. But the path is a difficult one to tread, write Mauricio Alencar. When it was announced that John Healey would be delivering a speech in Coventry, it was assumed that he would be visiting Jaguar Land Rovers’s headquarters with [...]
UK government slashes corporate red tape, cutting paperwork ‘longer than The Hobbit’ Accountancy Ministers have announced sweeping reforms to corporate reporting, aiming to save businesses over £450m annually by ditching “Hobbit-length” paperwork. Under the overhaul, small and medium-sized enterprises (SMEs), including local family firms, will be exempt from certain reporting forms and audits, aiming to save businesses thousands of pounds and hours of administrative work. The Department for [...]
JP Morgan eyes role on London Stock Exchange’s Pisces market September 7, 2026 JP Morgan is seeking approval to handle deals on the London Stock Exchange’s Pisces market in a sign of growing momentum behind the private bourse. The US bank is looking to join the likes of Bank of America and Rothschild in becoming a so-called registered auction agent, which would allow it to broker deals on [...]
Are Labour Chancellors really still blaming Liz Truss? September 7, 2026 Healey's first speech as Chancellor parroted the usual Labour lines: the woes of austerity, the joys of the state and, of course, the villainy of Liz Truss.
Healey says growth is ‘pathway out of debt’ but bats away tax questions September 7, 2026 Chancellor John Healey said he will “not speculate” on expected tax rises at his maiden Budget next month as he said growth was at the “heart of fiscal challenges” facing the UK. In his first major speech as Chancellor in Coventry, Healey batted away questions about whether businesses and households were set to face another [...]
Business confidence hits two-year high ahead of Budget September 6, 2026 Business confidence has risen to a near-two-year high as the output of UK firms grows despite the looming October Budget. The optimism of British firms has reached its highest level since just before the 2024 Autumn Budget, according to advisory firm BDO. Its business optimism index jumped to 94.22 in August, fuelled by a strong [...]
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: Foreign donations row is ‘loose pub talk’ September 4, 2026 Reform UK leader Nigel Farage has shrugged off concerns over comments made by senior party figures on accepting foreign donations via middle men, describing their behaviour as “loose pub talk”. Reform has faced a gruelling 24 hours after a Channel 4 investigation filmed Farage’s chief of staff Dan Jukes and Reform’s head of policy Dr [...]