Venture Capital Trust fundraising at third highest ever amid 18 per cent drop April 8, 2024 Venture Capital Trusts raised £882m this tax year, data from the AIC revealed, an 18 per cent drop from last year.
Echo Falls, Kumala and Lambrini owner Accolade Wines raises prices and considers selling brands as losses widen April 8, 2024 The UK arm of Accolade Wines, the company behind the likes of Hardys, Echo Falls, Kumala and Lambrini, is to continue raising its prices as it bids to return to profit.
Venture Capital Trusts prepare for funding surge as tax year closes April 3, 2024 As the tax year draws to a close, Venture Capital Trusts are readying for the late surge of investment into their pockets.
Carried interest: Labour sticks by plans to up private equity bonus tax April 3, 2024 Rachel Reeves has vowed to stick by Labour’s plans to increase tax on private equity bonuses, by upping the rate on carried interest transactions.
VAT threshold raised to £90,000 in boost for small businesses – but pubs still feeling the pinch April 1, 2024 Hard-pressed small business owners were thrown a lifeline on Monday after the government rolled out an increase to the VAT threshold.
Under 30 and earning £1m? Here’s what you need to know April 1, 2024 The number of young millionaires is on the rise, so what risks and considerations should they be taking into account to protect their wealth? Caroline Russell has some wise words for high net worth Gen Zs The number of under-30s earning more than £1m a year has grown to a record high of 830 while [...]
Here are the top five stocks on the FTSE 100 this year March 30, 2024 As the first quarter of 2024 comes to an end, City A.M. looks at the top five best-performing stocks on the FTSE 100 so far this year.
Safe as houses: is it time to introduce a wealth tax? March 30, 2024 Wages in the UK have flatlined since the financial crisis of 2008. Yet in that time, the country’s richest 1000 families have seen the value of their assets triple. Should we think more seriously—and progressively—about the way we tax wealth?
Can private equity push Labour to ditch its carried interest reforms? March 21, 2024 Carried interest, or ‘carry’, is one of the primary ways that private equity bosses make money. But Labour is looking to change that.
Prime London house prices languish at decade low as wealthy turn to renting March 19, 2024 Prime property prices in the capital have remained at 2014 levels, according to new data, while the market's rental segment sees a boost.