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      Reform UK tax cut pledge raises doubts 

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UK economy

  • Tech bosses line up for Cabinet under new Whitehall plans

    April 12, 2026

    Hundreds of business leaders, tech executives and former military figures are set to be trained for senior roles in government under a new initiative aimed at overhauling Whitehall. The programme, led by the Centre for Government Reform, will target candidates from outside Westminster and prepare them to take on positions such as cabinet ministers and [...]

  • “War in Iran will come at a cost,” Reeves warns UK businesses

    April 12, 2026

    Rachel Reeves has warned the escalating conflict in Iran will feed directly into higher costs for British businesses, as pressure builds on energy prices and inflation. “I am going to be straight with people”, Reeves said, “the war in Iran will come at a cost to British families and business,” signalling that the economic fallout [...]

  • Annabel’s owner sells Mayfair empire in £1.4bn Abu Dhabi deal

    April 12, 2026

    Richard Caring has sold a majority stake in the business behind Annabel’s, the Ivy and a string of London’s most exclusive restaurants to an Abu Dhabi-backed investor in a deal valuing the group at around £1.4bn. The buyer, Diafa, is a luxury hospitality platform linked to International Holding Company (IHC), chaired by Sheikh Tahnoon bin [...]

  • IBM: AI adoption stalls as UK businesses lack clear strategy

    April 10, 2026

    UK businesses are adopting AI at a pace, but many are still struggling to convert that momentum into real, meaningful financial returns. According to IBM’s Race for ROI study, 66 per cent of British enterprises report significant productivity improvements from AI, with 63 per cent of senior leaders citing noticeable efficiency gains post-adoption. There seems [...]

  • Starmer told Trump to be ‘practical’ amid Strait of Hormuz tax rumours

    April 10, 2026

    Sir Keir Starmer has said he spent most of a conversation with Donald Trump on Thursday night talking about a “practical plan” to secure the Strait of Hormuz, shortly after he said he was “fed up” of the US president’s impact on energy bills.  Starmer said he spoke to Trump about the blocked strait, which [...]

  • Healey: Defence investment is Starmer’s ‘highest priority’ 

    April 10, 2026

    Defence secretary John Healey has said defence investment is the Prime Minister’s “highest priority” as military officials wait for a long-awaited strategy paper on procurement and spending.  At the London Defence Conference, Healey said Sir Keir Starmer has taken a “personal interest” in drafting the Defence Investment Plan, which was due to be published last [...]

  • The six reasons why startups fail (and only one is unavoidable)

    April 10, 2026

    Why do so many startups fail? Dr Bernard Bulkin, who has worked in venture capital for 21 years, says there are six main reasons.

  • Miliband slammed for net zero sprint as high costs hamper businesses

    April 10, 2026

    Labour-linked researchers have slammed Ed Miliband’s net zero drive as the UK’s sky-high energy costs have come under intense scrutiny due to oil trade disruptions from the war in Iran and OpenAI’s decision to put a landmark data centre project in the UK on. Researchers at the Tony Blair Institute blamed the UK government’s dithering [...]

  • Mahmood agenda bites: Migrant worker applications nearly halve in a year 

    April 9, 2026

    The number of applications for skilled worker visas has nearly halved in a year after home secretary Shabana Mahmood raised the barriers to entry for migrants.  Official data released by the Home Office showed that there were 34,700 skilled worker visa applications in the year to March.  This was a 44 per cent decrease from [...]

  • Taxpayers brace for a financial hit after personal allowance rule change

    April 9, 2026

    British taxpayers are bracing for a fresh financial hit as changes to the personal allowance creeps closer. While the personal allowance itself is not changing, remaining frozen at £12,570 until 2031, a subtle change will take effect from the next tax year, as the government places a new lock onto how it is applied, affecting [...]

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