KPMG UK: Partner pay up despite profits slipping in 2023 January 30, 2024 KPMG UK's profit before tax dropped nearly 20 per cent in 2023, the firm reported today, as revenue growth slowed and staff costs increased.
TV production company co-founded by Jake Humphrey and David Coulthard denied ‘significant growth’ January 26, 2024 The TV production company co-founded by broadcaster Jake Humphrey and former F1 driver David Coulthard was forced into the red despite its turnover jumping, new documents have revealed.
Back in the game: Venture Capital Trust to raise after Chancellor’s stay of execution January 25, 2024 A venture capital trust (VCT) is set to launch a £50m fundraise on the London Stock Exchange next month in one of the first major moves since Jeremy Hunt delayed a phase-out
Aviva, L&G and top Tory MP piles pressure on Chancellor to open up share schemes January 24, 2024 Sir Graham Brady and some of Britain’s biggest firms, including Aviva and BAE Systems, are piling pressure on the chancellor to overhaul so-called share incentive plans and unlock a “new wave of employee share ownership”, City A.M. can reveal.
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.