Renault’s UK sales pass £2bn but increased costs hit profit July 23, 2024 Sales at the UK arm of car manufacturer Renault accelerated past £2bn in 2023, it has been revealed, despite an industry-wide slowdown, according to newly-filed documents.
Make no mistake, tax rises are on the way July 23, 2024 Evidence is piling up that Chancellor Rachel Reeves will almost certainly be forced to raise taxes this autumn, Chris Dorrell writes
Build, Baby, Build: Let’s go for 20m Londoners July 18, 2024 Radically upzoning London and allowing millions more people to move to the capital could make Britain as rich as America with a welfare state surpassing that of Denmark or Sweden, says Sam Bowman
Labour’s big challenge will be separating style from substance July 17, 2024 Rachel Reeves said that one day in government is better than a lifetime in opposition. Let’s hope Labour don’t flunk their first real test.
Non-doms are paying record taxes, but Labour will shove them out the door July 12, 2024 The wealthiest non-doms are packing their bags and taking their outsize contributions to the exchequer with them, and that’s just the start of the exodus of the wealthy that will occur if Labour implements its plans, says David Lesperance “London is nice… but it’s not that nice!” These were the words of one of my [...]
Tax from UK’s 74,000 non-doms paid for 18 days of NHS spending in 2022 July 9, 2024 Non-doms contributed nearly £9bn to the exchequer through tax and national insurance contributions (NICs) in the 2023 tax year, the highest amount since 2017, when new rule changes were brought in.
‘Bag ready’ private equity execs more worried about Reeves’ carry policy than Corbyn July 9, 2024 Private equity execs are "bag ready" to leave the UK to avoid Labour's carried interest policy, with some City lawyers giving more legal advice than then when Corbyn was leader, leading industry figures and advisers have said.
City ‘stands ready’ to work with new Labour government on growth July 8, 2024 Business lobby groups and the City of London have said the sector “stands ready” to work with Keir Starmer’s new Labour government on realising growth.
Election 2024: Which taxes will go up under Starmer’s Labour government? July 5, 2024 Tax and spend was one of the major points of contention during the election campaign. What will a Labour landslide mean for your taxes?
Sun, sea and a 20% flat tax: How Portugal is trying to attract smart foreigners July 4, 2024 Portugal's centre right minority government will bring back a tax break for high-skilled foreigners as the country aims to stimulate growth by attracting the international elite to its shores.