Hiking capital gains tax would harm small businesses June 24, 2024 A blanket increase in CGT rates would not only affect gains on publicly quoted stocks or investments in second homes, it could also impact investors who have taken much more significant risks with their capital to back small, growing companies to achieve their potential, says Claire Madden It’s looking inevitable that Labour will win the [...]
Top economists say Labour will have to raise more taxes if it wins election June 24, 2024 The UK's leading economists widely agree that Labour will put up more taxes if it wins the general election on 4 July, a City A.M. poll suggests, as the party comes under pressure to explain how it will fund its plans.
As the Tories continue to falter, all eyes are firmly on Labour June 24, 2024 It is hardly surprising that eyes have turned to Labour, and what they might be set to do in government if they were to win the election.
Election 2024: Will Labour change your council tax band? June 19, 2024 Labour's position on council tax is coming under intense scrutiny, amid calls to revamp the 1991 bands. Will the party have to re-evaluate them?
Make tax boring again! June 18, 2024 There’s a smooth inverse correlation between how likely a party is to become the next government and the radicalism of its manifesto tax plans, says Tim Sarson “I suppose I ought to write something about tax in the manifestos,” I thought to myself. It would be odd not to in the week directly after the [...]
‘An encouraging signal’: Private equity nerves settle as Labour sets limit on tax raid June 18, 2024 A Labour government will allow private equity dealmakers to continue to benefit from a lower tax treatment on profits when their own cash is at risk, shadow chancellor Rachel Reeves has suggested.
Renting remains cheaper than buying in UK as mortgage rates soar June 17, 2024 The financial burden is greatest in London, where buying a house costs an additional £775 per month, or £9,300 annually, compared to renting.
Who will bang the drum for free enterprise? June 17, 2024 For all their warm words for business, Starmer and Reeves share a bone deep belief that is the state the creates wealth and grows the economy, says Eliot Wilson When the result of a general election seems as certain as the outcome of this one, it is understandable that the private sector proceeds cautiously but [...]
Starmer hits out at ‘desperate’ Tories as he rules out tax raid on family homes June 15, 2024 “There was never a policy so it doesn’t need ruling out, but let’s rule it out in case anybody pretends that it was,” Labour's leader said on Saturday.
What does the City think about Labour’s plans for government? June 14, 2024 The City has been taking a look at Labour's proposals for government.