St James’ Place: Labour’s dividend tax plans could backfire June 18, 2025 Any attempt to get more cash through increasing the top rate of tax on dividends may backfire and instead dry up revenue streams, Chancellor Reeves has been warned, as investors look to this year’s Autumn Budget with a sense of dread. Reeves is poised to hike taxes later this year by as much as £20bn [...]
Non-dom U-turn would keep South African billionaire in UK June 18, 2025 South Africa’s richest self-made woman would cancel her plans to leave Britain if Rachel Reeves goes ahead with a change to non-dom inheritance tax rules said to be under consideration by the Treasury. Magda Wierzycka, the billionaire entrepreneur behind UK venture capital fund Braavos, had intended to join the wave of rich foreigners departing Britain, [...]
London Mayor ready for London Olympics bid after Brit backing June 18, 2025 The Mayor of London says he stands ready to help form a bid for the 2040 Olympic Games after City AM polling revealed widespread support for the plans. Over half of Brits back London challenging the likes of Saudi Arabia to bring the Olympic and Paralympic Games to Britain for a fourth time. The exclusive [...]
The City needs a Thatcher-style revolution June 18, 2025 Fifty years after Thatcher took charge, the City of London faces a crisis of confidence and capital— and only bold, radical reform in her spirit can revive its global standing, says Tim Focas Hard to believe, but it is 50 years since Margaret Thatcher took the helm of the Conservative Party. Though her tenure as [...]
Bolt vs Lime: Uber rival to launch e-bikes in London June 18, 2025 Bolt has unveiled plans to introduce electric bikes in London this summer, challenging Lime’s near-monopoly in the capital. The Estonian ride-hailer, which is the largest e-scooter and bike provider in Europe, will launch its London service in August under close supervision from Transport for London (TfL) and local councils. The move makes Bolt the first [...]
Reeves to invest billions in a new housing bank for UK builders June 17, 2025 The government has announced plans to create a new national housing bank to encourage private investment and boost housebuilders. It says the bank, which will provide £16bn of new public investment, will unlock over £53bn of private investment over the next decade and help to build hundreds of thousands of homes. The £16bn investment includes £10.5bn [...]
Elio review: Pixar is back with spectacular space adventure June 17, 2025 Whisper it: Pixar is back. After a disastrous pandemic period, where quality films like Soul and Turning Red were buried on streaming, followed by the epic failure of 2022’s Lightyear, the iconic animation studio has got back to something like its best. After Elemental became a sleeper hit in 2023, the masterful Inside Out 2 [...]
Serialise’s chance more than O-Kay in Kensington Palace June 17, 2025 A FIELD of 24 go to post for the fiercely competitive looking Kensington Palace Stakes (5.35pm) for fillies over the straight mile. Royal runner Rainbows Edge looks the one to beat, following a gutsy course and distance win on fast ground last month. She looked a potential Group-class filly that day and she could be [...]
Sale Sharks tycoon Simon Orange buys steel giant June 17, 2025 The co-owner of rugby union side Sale Sharks, Simon Orange, has bought the UK’s second-largest steel contractor just a few months after selling his investment business in a deal worth more than £1bn. Self-made millionaire Orange, whose brother Jason was an original member of Take That, has snapped up a majority stake in Greater Manchester-based [...]
Thailand gives green light to £1bn Formula 1 Grand Prix bid June 17, 2025 Thailand has moved a step closer to realising an ambitious plan costing almost £1bn to stage a Formula 1 Grand Prix for the first time after its cabinet gave it the green light. The country wants to host a street race in Bangkok on an initial five-year contract beginning in 2028. Thailand is a fixture [...]