IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC Business Wire Transaction advances portfolio transformation, sharpens focus on higher-growth, higher-margin businesses, strengthens balance sheet, and enhances value creation for shareholders
Tony Blair is the only sensible voice left in Labour Politics After reading Tony Blair’s essay on the state of Britain (and the state of the Labour party) I was struck by the realisation that large parts of it sounded as if they’d come straight out of one of my own columns. Regular readers will know that I’ve often used this slot to point out the contradiction [...]
Tony Blair accuses Starmer of damaging economy by clinging to manifesto pledges Politics Sir Tony Blair has taken a swipe at Sir Keir Starmer for sticking to campaign pledges from Labour’s 2024 manifesto, which he says are economically damaging and should have been dropped “right at the outset.” In a 5,000-word essay published by his think tank, Labour’s longest serving PM pointed out that Budgets put forward by [...]
Moneybox profit slides as wealth manager bets on ‘high levels of automation’ May 27, 2026 Moneybox saw its profit slide by nearly a quarter in the last year as the wealth manager invested “heavily” in new technology and bet on “high levels of automation”. The London-based fintech notched its third consecutive year of profitability but faced a 23 per cent drop in its pre-tax takings at £14.9m by the end [...]
Wes Streeting’s capital gains tax plan risks ‘disrupting’ growth May 26, 2026 Wes Streeting’s plans to align capital gains taxes while introducing an investment allowance could be “disruptive” for growth as City advisers have become divided over the benefits of sweeping reforms. Streeting told the BBC last week that he backed a plan, first proposed by the Centre for the Analysis of Taxation (Centax) and later adopted [...]
London makes up more than a third of UK corporation tax receipts May 26, 2026 London accounts for more than a third of total corporation tax receipts across the UK, new data analysed by City AM has shown. Data shared by the Office for National Statistics (ONS) has shown that London makes up around 36 per cent of total corporation tax income generated each year, highlighting the capital city’s dominance [...]
‘Economically reckless’ – Streeting calls for wealth tax ‘that works’ in pitch for leadership May 21, 2026 Wes Streeting has called for a “wealth tax that works” as the former health secretary sets out his stall ahead of an expected Labour leadership contest later this year. Streeting resigned from the cabinet earlier this month and has confirmed that he would stand in a contest to oust Sir Keir Starmer, though he has [...]
Experian and Relx fall as City unease over AI impact outweighs buyback billions May 20, 2026 Shares in Experian hit the bottom of the FTSE 100 in morning trade, with the City underwhelmed by what the credit checking giant called a “record year” and news of a fresh $1bn capital return. It did not look like enough to dispel fears over the potential long-term impact of artificial intelligence on the company, [...]
Andy Burnham refuses rule out manifesto-busting tax hikes May 20, 2026 Andy Burnham has refused to commit himself to protecting Labour Party manifesto commitments to not raise taxes. Burnham, who is Labour’s candidate in an upcoming by-election in Makerfield, declined to comment on whether he supported the party’s 2024 election manifesto. The Manchester mayor appears to be on a path towards becoming Prime Minister, sharing clips [...]
Manchesterism? This is what an Andy Burnham government would look like May 18, 2026 As the Manchester mayor starts out on his high-risk path towards becoming Prime Minister, Maurício Alencar sketches out what an Andy Burnham government would look like – and how the markets would react. Andy Burnham will have to jump over many hurdles in his almighty quest to get to Downing Street. If he makes it, [...]