Healey plots Budget raid on family businesses October 19, 2026 John Healey has reportedly drawn up plans for a tax raid on family businesses ahead of his first Budget, as he scrambles to avoid spending cuts. The Chancellor is considering proposals to levy income tax when business owners hand their company down to their children, potentially almost doubling the tax bill, according to a report [...]
These are the best literary hotels in Europe October 17, 2026 Poet, playwright and screenwriter Alexandra Pereira on her favourite literary hotels. Where will you check in to pen your tome? If you’re looking for inspiration for isolation, here’s where to book a room of one’s own, just a short train or flight from London, as well as the renowned, and sometimes controversial writers from the [...]
What could a bank tax raid mean for JP Morgan’s Canary Wharf mega-tower? October 16, 2026 When Jamie Dimon and John Healey first exchanged remarks, the world’s most influential banker told the Chancellor how important it was to get public policy right. The Wall Street chief is understood to have said the right public policy was the key to solving the issues facing global economies, according to those close to the [...]
Midday Markets: The one tax you could bank on October 16, 2026 The Midday Market report is a new newsletter from City AM, giving you fresh analysis on the biggest stories in the City straight into your inbox every lunchtime. Today, Ali Lyon, chews over the government’s plans for a windfall tax on banks. Sign up to the City AM News Updates newsletter here. It was, in [...]
The Capitalist: Burnham’s hiring spree, cyclist crackdown and a non-Banksy Banksy October 15, 2026 Hasty hiring, cyclists being shamed and a non-Banksy Banksy; catch up on the latest City gossip in this week's edition of The Capitalist.
Laila Cunningham: Sadiq Khan has failed Londoners, I will keep you safe October 15, 2026 Reform will put police officers back on our streets, restore effective stop and search, prioritise the prosecution of violent and sexual offenders, expand prison capacity and deport foreign criminals, says Laila Cunningham I spent years prosecuting criminals. I’ve stood in courtrooms, listened to victims and seen the devastation crime leaves behind. I thought I understood [...]
Retailers back on alert after new wave of cyber attacks October 15, 2026 When Asos customers were sent a cryptically-worded push notification on Tuesday last week, some shoppers thought they were being hawked the fast fashion retailer’s new Christmas collection. One thought the alert was “some crappy marketing scheme to get me to check the app and to view their snowflake collection,” they wrote on X. The notification [...]
Business feels ‘beaten up’, Burnham ally says October 14, 2026 Lord Jim O’Neill, one of Andy Burnham’s closest allies, has warned businesses feel “beaten up” by government as he urged the Prime Minister to spare British companies from another punishing raid at the Budget. Speaking to a group of MPs at the Treasury Select Committee, O’Neill doubled down on his opposition to capital gains tax [...]
Paris Motor Show: Executive Family Cars October 14, 2026 The narrative around executive motoring in London and the Home Counties has decisively shifted, writes motoring journalist Tim Barnes-Clay. The modern-day company director’s primary vehicle now needs to transition seamlessly from weekday commutes in The City to weekend continental family road trips. Indeed, just over 180 miles south of Calais, this year’s Paris Motor Show [...]
Healey plans £1bn e-commerce crackdown to fund retail tax breaks October 14, 2026 John Healey is preparing to announce a £1bn tax crackdown on online marketplaces like Amazon and Temu to fund tax cuts for high street shops. At the Budget later this month, the Chancellor is expected to make e-commerce platforms like Amazon, Ebay and Temu responsible for collecting tax owed by the sellers using their site, [...]