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.
Some big changes to the tax system no one is telling you about… March 19, 2024 The Budget did little to move the polls, but it included some fundamental philosophical changes to the way we pay tax. Expect unintended consequences, says Tim Sarson Budgets are fleeting spectacles. Like a passing squall they arrive with a few gusts of media speculation, dominate the news for a week at most, then blow themselves [...]
The Power of Capitalism: It’s easy to forget just how radical Margaret Thatcher was March 17, 2024 Margaret Thatcher's radicalism changed Britain more than we recognise even today, argues Rainer Zitelmann in his latest guest essay on the power of capitalism
Air Astana profit falls after London listing despite record passenger numbers March 15, 2024 Air Astana has reported a fall in annual profit as it flagged "industry-wide" cost headwinds such as the rising price of jet fuel.
Harbour Energy records drop in revenue and production as windfall tax weighs March 7, 2024 Harbour's chief executive said the tax all but "wiped out" the firm's profits in 2022
Spring Budget in review: Some sensible moves, a few gimmicks, but mostly a bore March 7, 2024 So, what's the verdict? Some small steps in the right direction, but nothing to move the dial on the economy – or the opinion polls, writes Julian Jessop.