Submit a story
Tell us your story.
Sam Dumitriu is research director at The Entrepreneurs Network.
Don’t be fooled, Rishi Sunak is a fiscal conservative first, and a low-tax conservative second. This was a tax-cutting spring statement, but as the Office Budget Responsibility (OBR) pointed out, on balance Sunak has been a tax-hiking Chancellor. In fact, the net cut to personal taxes introduced at the Spring Statement offsets “just over a [...]
It is easy to get frustrated following politics. I’m not talking about the in-fighting, the hypocrisy, or the subsequent tendency for allegations of hypocrisy to overshadow any substantive policy issues. My gripe is with the shallowness of the policy debate. Too often, politicians confuse ends with means. The result is a complacent debate and vacuous [...]
What if Facebook had never bought Instagram? This question keeps competition regulators like the Competition and Markets Authority (CMA) up at night. In 2012, Instagram had just 30m users, 13 employees, and made no money. The $1bn valuation was mocked and appeared to many to be the sign of a tech bubble ready to burst. [...]
It is hard to think of a tougher task than teaching school children remotely. Until this month’s return to the classroom, schools across the country have been forced to adapt these challenging circumstances. Not everything has worked out, but projects such as Oak National Academy thousands of free online lessons show the potential for innovation [...]
Throughout lockdown, the advantages — indeed, the essentiality — of online retail became clear. Now, Rishi Sunak is rumoured to be mulling over a new online sales tax. Advocates for this new tax, such as SportsDirect owner Mike Ashley and Tesco boss Dave Lewis, believe that the existing business rates system creates an uneven playing [...]
It is hard to think of a more short-sighted and self-destructive policy than Theresa May’s decision in 2012 to close the post-study work visa route for those wanting to live and work in Britain. Boris Johnson is right to bring it back. Britain’s universities are truly world class, attracting the best and brightest from across [...]
The UK may have been spared an all-Etonian Tory leadership contest, but Britain is still an undoubtedly elitist country. While just seven per cent of Brits were educated privately, 65 per cent of senior judges, 59 per cent of top civil servants, 39 per cent of cabinet ministers, and 44 per cent of newspaper columnists [...]
Is the Tesco boss right to call for slashed business rates and an online tax to save the high street? Robert Palmer, executive director of Tax Justice UK, says YES. Tesco’s Dave Lewis is right: the way we tax high street shops and online firms isn’t working. The tax system benefits companies like Amazon and Google, [...]
Will the EU copyright reform being voted on this week break the internet? Sam Dumitriu, head of projects at the Adam Smith Institute, says YES. The EU’s new Copyright Directive is anti-competition, anti-innovation, and anti- free speech. It requires online platforms to develop complex and expensive filtering systems to monitor and delete copyrighted content. If [...]
Sam Dumitriu, head of projects at the Adam Smith Institute, says scrap a tax: Not all taxes are created equal, but almost all deter productive activity. Philip Hammond should look to Lord Lawson’s stint where he abolished at least one tax every Budget and took an axe to top marginal rates. So where should he [...]
Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox.
Subscribe to get the essential daily news updates from City A.M's top stories to your inbox.