Is Labour changing its mind about the OBR? June 27, 2025 Labour is becoming increasingly disillusioned with the OBR as the reality sets in that no anount of forecasting can solve Britain’s spending problems, says Paul Ormerod How fashions change! Less than a year ago, Labour politicians were falling over themselves to praise the Office for Budget Responsibility (OBR). Labour was elected on a promise of [...]
What do founders really think of Labour? June 27, 2025 The mood among Britain’s founder community has shifted, with 84 per cent now saying they don’t believe the Labour government understand their needs as entrepreneurs, says Eamonn Ives Last week, the government announced that serial entrepreneur Alex Depledge would be joining the Treasury as Britain’s first-ever entrepreneurship adviser. New polling from The Entrepreneurs Network suggests [...]
Inside the most expensive rehab clinic in the world June 26, 2025 Upon checking in at £10,000-a-night rehab centre Paracelsus Recovery, I find myself transported into a world that revolves entirely around me. Bequeathed with a 15-member entourage of therapists, clinicians, masseuses and personal chefs, I am part of a collective powered by a single goal: my betterment. If you can think of a celebrity who’s been [...]
Sandwich or Confectionery? M&S strawberry sandwich raises VAT questions June 26, 2025 M&S has jumped on the bandwagon of the viral Japanese strawberry sando by launching its own, but the treat has raised the old familiar question about VAT
Berenberg: Labour welfare row will lead to tax hikes and higher interest rates June 26, 2025 Divisive party politics at the top of the Labour government stand to prevent the Bank of England from making further interest rate cuts, given struggles to curb spending, a leading City broker has warned. The government is embroiled in another row over spending cuts, as £4.8bn in welfare budget savings look set to be watered down following a [...]
Week in Business: Is the jobs market in crisis? June 26, 2025 Entry level and graduate jobs are down while AI is coming for professional roles, all while businesses contend with tax hikes and red tape.
Starmer thanks business for shouldering tax burden June 26, 2025 Keir Starmer has thanked the British business community for bearing the brunt of his government’s tax raid in last year’s Budget, acknowledging he had asked a lot of UK plc since entering office. Addressing the British Chambers of Commerce’s (BCC) annual conference, the Prime Minister said the £23bn hike to employer national insurance contributions (NICS) [...]
The Ivy: Jobs continue to be cut as Richard Caring nears £1bn sale June 26, 2025 Jobs have continued to be lost at the group behind restaurant chain The Ivy as billionaire owner Richard Caring edges closer to a £1bn sale. Troia (UK) Restaurants cut more than 100 roles during its latest financial year as its pre-tax profit also declined despite a rise in revenue, new accounts filed with Companies House [...]
Chef Tom Sellers interviews former England player Joe Cole June 26, 2025 For our Chef’s Table series, Michelin starred chef Tom Sellers has lunch at his restaurant Story Cellar with former England player Joe Cole. They talk fatherhood, friendship and the future Tom Sellers: We’ve known each other for years now, do you remember when we first met? Joe Cole: Yeah – I came into Restaurant Story and we got [...]
Have developed countries discovered the ideal corporate tax rate? June 26, 2025 International tax was once a veritable jungle of exotic regimes, but now many jurisdictions seem to have settled on a natural equilibrium of around 25 per cent, says Tim Sarson An interesting and rather consequential piece of tax policy from the new German coalition government might have slipped under your radar recently – they are [...]