‘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.
General election 2024: Do the spending promises stack up? June 13, 2024 We've reviewed the three major parties' policy pitches to determine whether their spending promises stack up. The answer, on the whole, is no.
Private equity bosses have avoided paying income tax on a trillion dollars of gains June 13, 2024 “All the governments are talking about taxing carried interests. So my role is to provide the best estimate of the number,” Phalippou told the Financial Times.
Election 2024: Three things to watch out for in Labour’s manifesto June 13, 2024 Here are three things to watch out for in Labour’s manifesto that might shape the campaign to come.
Election 2024: Why the major parties are right to prioritise the small business vote June 13, 2024 With the election manifestos coming in thick and fast, economists and politicos will be drilling down into the detail.
Election 2024: Labour will seek mandate for growth with ‘wealth creation’ manifesto June 13, 2024 Keir Starmer will seek a “mandate for economic growth” as he unveils Labour’s election manifesto, pledging to “be the party of wealth creation”.