Central London Alliance calls for government to cut VAT for hospitality, tourism and leisure January 23, 2024 Central London Alliance (CLA) calls on the Government to address the UK’s lack of competitiveness on the global tourism market, beginning with a cut to VAT for the hospitality, tourism and leisure industries. Figures from the Office of National Statistics (ONS) show that visits to the UK increased 112 per cent year-on-year, generating £30 billion [...]
Why UK equities could ‘turn a corner’ in 2024 January 18, 2024 UK equities will "turn a corner" in 2024 as analysts bet that growing optimism about the UK's economic prospects would provide a strong tailwind.
More billionaires, less poverty – this isn’t a zero sum game, no matter what Oxfam claim January 16, 2024 German historian, sociologist and author Rainer Zitelmann argues billionaires and poverty are not involved in a zero-sum battle
New £10 charge to change at Heathrow will ‘hand lead’ to European rivals January 10, 2024 New Home Office red tape on visa-exempt travellers entering the UK will divert passengers to Europe, Heathrow has warned
Can the London Stock Exchange survive another ‘relentless’ exodus in 2024? January 3, 2024 Experts have warned of an exodus of companies and investors from London without a rebound in the City's fortunes
‘Side hustle tax’ to see online platforms like Ebay, Airbnb and Amazon share seller details with HMRC January 2, 2024 This will allow tax authorities to detect and tackle tax evasion, while also levelling the playing field with how traditional businesses are treated for tax purposes, according to HMRC.
Which banks were the winners and losers of 2023? December 29, 2023 After a year of big headlines, which UK banks pressed ahead and which fell behind in 2023?
UK fintech group IEC floats on London Stock Exchange’s AIM rival Aquis December 14, 2023 A UK fintech group has listed on the Aquis stock exchange in a boon to the City after a year of its public markets being starved of listings.
UK’s biggest firms responsible for 10 per cent of entire Treasury take last year December 5, 2023 Tax contributions from the UK's biggest firms edged towards the £100bn mark in the last financial year
Just 100,000 Brits pay a quarter of all income and capital gains tax December 4, 2023 Britain’s top 100,000 taxpayers paid almost a quarter (24 per cent) of all income and capital gains tax in 2021/22, despite making up just 0.3 per cent of taxpayers, according to data obtained by retail investment group Wealth Club.