A mansion tax would hit ordinary Londoners and stall the market October 24, 2025 A rumoured tax raid on sales of properties over £1.5m would be a disaster for Londoners, says James Evans With the Treasury neither confirming nor ruling out the prospect of a so-called ‘mansion tax’ – a capital gains levy thought to be based on the sale of primary residences above £1.5m – uncertainty is already [...]
Motability cuts? Rachel Reeves is taking British taxpayers for a ride October 24, 2025 Rachel Reeves pledge to reform the absurd Motability scheme essentially amounts to giving alcoholics Peugeots instead of a BMWs, says Jack Rankin As Rachel Reeves continues to take the scenic route to the next Budget, rumours are swirling that she is setting her sights on the Motability Scheme, hoping to claw back around £1bn in [...]
New watches: Our favourite colourful chronos to beat the winter blues October 23, 2025 From London Time, three colourful chronograph watches to beat the winter blues BELL & ROSS BR-X3 NIGHT VISION Looking like something Neo would wear in The Matrix, Paris’s military watchmaker has instead been inspired by head-up displays (HUD) from the cockpits of the Rafale fighter jets, whose pilots they supply. A stealthy case in ‘LUM-CAMO’ [...]
NBA rocked as FBI arrests stars Billups and Rozier in illegal betting probe October 23, 2025 The NBA has been rocked after Hall of Famer Chauncey Billups and Miami Heat point guard Tony Rozier were arrested by the FBI as part of a probe into alleged “illegal gambling schemes”. Billups, who became a five-time NBA All Star during a 17-year career most famously with the Detroit Pistons and is now coach [...]
LinkedIn: UK businesses could get £532bn AI recruitment boost October 23, 2025 UK businesses could theoretically unlock £532bn in productivity through AI-assisted recruitment, according to new research from LinkedIn. The report suggests that AI tools, such as LinkedIn’s own ‘hiring assistant’ tool, can free recruiters from administrative tasks like screening CVs, writing job descriptions and scouting talent, allowing them to focus on strategic hiring decisions. Janine Chamberlin, [...]
Is Brexit really to blame for the Chancellor’s growth headache? October 23, 2025 As the government prepares the public psyche for substantial tax hikes at next month’s Budget, the Chancellor has taken a Brexit-shaped risk. Keir Starmer’s government has largely opted for caution over talking about relations with the European Union. The Prime Minister has insisted that re-opening the Brexit debate would bring only “turmoil” but he also [...]
St James’s Place continues on its path to redemption October 23, 2025 The UK’s leading wealth manager, St James’s Place, has continued on with its work to move past its 2024 downfall, reporting a “strong quarter” as funds under management hit record highs. Gross inflows increased to £5.7bn, a 30 per cent jump from the £4.4bn recorded the previous year, while net inflows jumped 98 per cent, [...]
Eon Productions’ James Bond pay day revealed October 23, 2025 Eon Productions received $20m (£15m) from the sale of the James Bond franchise earlier this year, it has been revealed for the first time. In February, James Bond producers Barbara Broccoli and Michael G. Wilson agreed to sell creative control to Amazon MGM Studios for a reported $1bn. Exact financial terms of the deal, which [...]
RSM UK approves merger with US arm, backing partnership over private equity October 23, 2025 Accountancy firm RSM UK has greenlit a merger with its US sister, RSM US, to create a $5bn (£3.75bn) new partnership structure, in the first major transatlantic combination in the accountancy sector. It was reported last October that both firms were in talks, with a focus on the mid-market. On Thursday, after a “near-unanimous vote” [...]
Autumn Budget: Reeves told avoid ‘pick and mix’ tax grabs October 23, 2025 Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, the managing director of TheCityUK warns Reeves not to patch up the tax tire just for it to deflate once more. The Chancellor has touted financial and professional services for their role “at the [...]