The Last Supper: Gordon Warnecke on the perfect jerk chicken April 7, 2025 Star of 1980s movie My Beautiful Laundrette, Gordon Warnecke tells us what he would eat for his last meal on earth My mum wasn’t a very good cook. My first memories of food are of her making quite traditional British stuff. She came over from Guyana in South America, where she was the youngest of five siblings – [...]
Trump’s tariffs to push UK prices up, survey suggests April 7, 2025 Tariffs will significantly harm British exporters that trade with the US, according to a survey by the British Chambers of Commerce (BCC), as a global trade war risks battering the UK economy. President Trump today doubled down on his controversial economic policies that include a ten per cent tax on all UK goods exported to [...]
How will the tariff turmoil affect your mortgage? April 7, 2025 The fallout from President Donald Trump’s decision to impose wide-ranging tariffs on the world has left no stock market unscathed, but it’s possible Brits’ mortgages will benefit from the upset. The decision, which placed a minimum tariff of 10 per cent on all countries (including the UK), and higher tariffs on many more, has increased [...]
More Brits ‘in financial strain’ as Trump frightens UK voters April 7, 2025 Nearly two in five UK voters are either cutting their spending or are unable to pay essential bills due to ‘financial strain’, according to the latest City AM/Freshwater Strategy poll, as President Trump’s tariffs are set to send Chancellor Reeves’ growth plans into disarray. The Chancellor said at her Spring Statement in March that Brits [...]
Reeves’ £25bn national insurance tax raid has arrived. What happens now? April 6, 2025 Sorry, Lionel Richie. Businesses aren’t feeling easy like a Sunday morning. The new tax year is here. And Chancellor Rachel Reeves’ £25bn national insurance tax raid has fallen on thousands of firms. From today, employers will pay a tax rate of 15 per cent on salaries above £5,000, down from £9,100 previously. This secondary threshold [...]
Reeves’ £25bn tax grab to become ‘toxic reality’ for British business, firms suggest April 4, 2025 Chancellor Rachel Reeves’ £25bn tax grab from employers will become a “toxic reality” for British businesses from Sunday as higher costs risk stunting firms’ income, one of the UK’s largest industry bodies has warned. Reeves’ has pinned her hopes for improving the state of public finances on growing the UK economy but more firms have [...]
How will Trump’s tariffs impact the UK economy? April 3, 2025 The US president holds up a sandwich board in the Rose Garden. On it is a list of countries. Next to each country are two columns: one for “tariffs charged to the USA” and one for “USA Discounted Reciprocal Tariffs”. The leader of the free world is cooking up a storm. “Our country has been [...]
England Rugby captain Itoje sees £1m jump in wealth April 3, 2025 England Rugby captain Maro Itoje has seen his wealth jump by nearly £1m, according to his company’s latest accounts. Oghene Limited, whose sole director is England captain Itoje, saw total assets rise from £2.6m to £3.4m in the year to 30 June 2024. The Saracens forward is one of the highest paid players at his [...]
Cash ISA: What are the alternatives? April 3, 2025 Rumours are growing over expected reforms to Cash ISAs, as the Treasury searches for ways to boost its coffers. Under the current ISA regime, savers can place up to £20,000 per tax year in a Cash ISA without paying any tax on the interest they earn. This threshold could be reduced to £4,000 under Labour’s [...]
Bank of England fines financier Jay Hambro April 2, 2025 The Bank of England has fined banking dynasty scion Jay Hambro for his conduct during a stint as director of the Wyelands Bank, the Sanjeev Gupta-owned lender that ignominiously collapsed in 2020. The BoE’s Prudential Regulation Authority (PRA) issued Hambro – a prominent City figure – with a £72,000 penalty on Wendesday, saying that his [...]