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      Industry hits out at rumours as No 10 denies plan to abolish stamp duty and council tax

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  • Is Britain open for business or not?

    September 25, 2025

    Britain’s tax rate is neutral at best when it comes to attracting investment, and as international competitors up their game, we may need to go further just to stand still, says Tim Sarson How attractive is the UK as a place to invest? It’s confusing, isn’t it? In the last few weeks we’ve had a [...]

  • GB Snowsport announces new partner with Olympics looming

    September 24, 2025

    London headquartered insurance broker McGill and Partners has partnered with GB Snowsport ahead of the 2026 Milan Cortina Winter Olympics and Paralympic in February and March. The short-term deal will see the organisations partner up after a successful World Cup season for GB Snowsport, with the likes of snowboard cross racer Charlotte Bankes, skier Dave [...]

  • Labour given fresh warning on ‘real’ risk of fiscal crisis without cuts

    September 22, 2025

    Labour Party parliamentarians have been alerted to the “real” risk of an economic emergency if spending cuts are not made as the incoming tax hikes at the Budget could trim growth and worsen the UK’s jobs crisis.  Backbench MPs have been widely blamed for failing to back the government’s small welfare cuts earlier this year, [...]

  • KPMG: UK taxes to rise steadily to combat mounting public spending pressures

    September 22, 2025

    The UK government faces tough tax choices in the years ahead with mounting public spending pressures versus sluggish economic growth, according to new forecasts. Economists for KPMG said it had been an unexpectedly strong start to 2025 but the second half was looking more uncertain. The accountancy giant is forecasting UK gross domestic product (GDP) [...]

  • OpenAI: The Big Tech that took your job wants to get you a new one

    September 15, 2025

    London’s job market is feeling the squeeze. Permanent hires fell for the fifth month in a row, while temporary placements have tumbled for the twentieth consecutive month, according to KPMG and the Recruitment & Employment Confederation (REC). Rising costs, tax raids, and the ongoing impact of AI on entry-level roles have left employers cautious and [...]

  • Candyfloss and pink teddy bears: How the City of London became a playground

    September 11, 2025

    As fairground bar Fairgame lands in the City of London, Anna Moloney looks at the divisive rise of forced fun at work.

  • Shopper confidence falls as Brits expect food inflation to climb

    September 9, 2025

    Surging food inflation has dented Brits’ confidence at supermarkets, with many expecting food prices to climb even further, according to new data. Inflation at the grocers hit five per cent in the four weeks ended August 10, down from 5.2 per cent in the previous month but well above the wider UK rate of 3.6 [...]

  • Challenger banks face ‘profitability trap’ at growth crossroads

    September 8, 2025

    The UK banking sector faces a profitability roadblock that will give the industry’s challengers an “existential” turning point.  Fresh data from KPMG suggests the industry’s average return on equity will fall to eight per cent come 2027 down from 13 per cent four years prior. This is set to spark an £11bn reduction in pre-tax [...]

  • London hiring slumps as employers suffer from rising costs

    September 8, 2025

    London hiring has continued its steep decline as employers suffer the consequences of Reeves’ tax raid and rising costs. The latest jobs report from KPMG and the REC showed demand for workers in the capital has “continued to deteriorate” with both permanent placements and temp billings slumping further. Permanent staff places, hires with no fixed [...]

  • Investec raises growth forecast and backs November interest rate cut

    August 29, 2025

    Global banking firm Investec has lifted its growth projections for the UK economy with another interest rate cut pencilled in for 2025. The financial services company expects the UK economy to grow 1.5 per cent this year and 1.6 per cent in 2026. This trumps the Office for Budget Responsibility (OBR) forecast, which expects the [...]

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