Sunak must nurture British business with fair taxes and smart reforms September 27, 2021 London’s famous vibrancy has returned. City streets once again teem with activity, pent up for so long but now unleashed. Yet it would be a mistake to assume the journey ahead is an easy one. London – like the rest of the UK – stands at a crossroads. And the path we choose will decide [...]
JCB digs out of Covid-19 crisis to swing to £228m profit September 27, 2021 Staffordshire-based equipment manufacturer JCB effectively weathered the Covid-19-induced disruption to its operations, according to results published today. The company, famous for its yellow diggers, swung to a £228m profit last year, the 76th year in a row the business has been profitable. Despite holding up well, JCB did suffer a sharp hit from the Covid-19 [...]
Sam Torrance: USA’s record Ryder Cup win was the best I’ve seen September 27, 2021 This turned out to be a tough Ryder Cup for Europe, who were outplayed, out-thought and out-fought by the USA. The Americans were simply magnificent, sublime from Friday morning all the way through to Sunday evening. It was the best Ryder Cup performance I’ve seen in my career. Dustin Johnson led the way for the [...]
Woke young Lib Dems most likely to turn to crypto, study finds September 27, 2021 Crypto is a smash hit with young investors, particularly those with left leaning political views according to a new study. Young people, particularly those with left-leaning views, make up the majority of UK crypto investors with the Liberal Democrats found to be the natural political home of digital asset enthusiasts. A resounding 29 per cent of LibDem [...]
The ICAS public voice – tax administration post-covid September 27, 2021 As we begin to emerge from Covid-19, a key strand of the public policy work undertaken by ICAS relates to tax administration. ICAS has a public interest remit, a duty to act not solely for its Members but for the wider good. From a public interest perspective, our role is to share insights, shaped and [...]
Our regulatory cheat sheet needs a post-Covid rewrite September 27, 2021 The success of a financial centre depends largely on the rules it is governed by and the quality of its rulemakers. The UK’s regulatory regime is widely regarded as one of the best in the world due to its transparency, openness and – crucially – ability to evolve. Exiting the European Union and the pandemic [...]
Editorial: Tax-hiking ministers aren’t entitled to demand pay rises, too September 27, 2021 To listen to Government ministers at the moment, one could be forgiven for thinking we were in the middle of an economic boom. Amid an entirely predictable collapse in haulier numbers and knock-on shortages, the response so far has been on the one hand an underwhelming visa scheme and on the other a demand for [...]
Sadiq Khan to call for Labour unity as he sets out his stall for future leadership bid September 27, 2021 Sadiq Khan will today call for a fractious Labour party to unite before fighting the next election, while also trumpeting his own achievements as London mayor in what is being seen as an attempt to set out his stall for a future leadership bid. Khan is expected to say that “Labour is already making a [...]
Labour vows to scrap business rates if elected in tax shakeup September 26, 2021 Major UK business groups have thrown their weight behind new Labour plans to cut and then entirely scrap business rates in what is being billed as “the biggest overhaul of business taxation in a generation”. Shadow chancellor Rachel Reeves will tell the Labour party conference in Brighton tomorrow that a Labour government would replace business [...]
Workspace firm IWG considering multibillion pound break-up September 26, 2021 Serviced offices firm IWG is considering splitting into several different companies. Mark Dixon, founder of the Regus and Spaces operator, is examining different options to bring value to shareholders, Sky News has reported. The founder is reportedly looking at options including a US listing for Worka, an app that helps users compare and book workspaces [...]