Former SAS: Who Dares Wins star Ant Middleton banned after failing to pay £1m tax bill March 24, 2025 Former SAS: Who Dares Wins chief instructor Ant Middleton has been banned from being a director of a company after his business failed to pay more than £1m in tax. The television personality was the director of Sway and Starting Limited along with his wife, Emilie Middleton. The business, which was described as offering media [...]
In The Style: Huge debts revealed after rescue deal saves jobs March 24, 2025 In The Style owed more than £20m when it was rescued after collapsing into administration, it has been revealed. The Manchester-based fast-fashion brand rescued by Alps Sourcing Limited last week in a deal which secured 87 jobs. The debts have been revealed in a new document filed with Companies House by administrator FTS Recovery. What’s the [...]
Ryan Giggs restaurant closed owing huge sums March 24, 2025 Almost £500,000 was owed by the company behind a restaurant owned by former Manchester United star Ryan Giggs when it collapsed, it has been confirmed. George’s Dining Room and Bar in Worsley, Salford, shut in February and the business behind it was placed into voluntary liquidation. Ryan Giggs opened the restaurant with friends Kelvin Gregory [...]
‘Fighting to overturn cruel tax’: Parties gear up for legal fight over private school fees March 21, 2025 Three claimant groups gear up for a legal challenge of the government's VAT policy on private schools next month
Inheritance tax receipts reach record high March 21, 2025 Inheritance tax receipts totalled £7.6bn in the last 11 months, a record high and surpassing last year’s full-year total of £7.5bn. Data from HMRC revealed today that the amount paid in tax was an 11.8 per cent increase from the same period last year. “It may only affect a small percentage of estates, but that [...]
Former Liverpool player loses £300,000 IR35 tax appeal March 18, 2025 Former Liverpool player and pundit Phil Thompson owes the tax agency nearly £300,000 after losing an appeal due to IR35
Farmers aren’t the only ones affected by inheritance tax changes March 14, 2025 Most of the coverage of inheritance tax has focused on farmers but they make up a tiny proportion of the businesses that will be hit by this unfair levy, it’s time for family businesses to speak up, says Lucy Williams While I have every sympathy for the farming community, many would be forgiven for thinking [...]
Frankie Dettori: Jockey ’embarrassed’ after filing for bankruptcy March 13, 2025 Jockey Frankie Dettori declared he is “saddened and embarrassed” after announcing he is filing for bankruptcy. The three-time champion jockey in Britain is now based in America after shelving earlier plans to retire. In a statement, Dettori said: “For the last six months, my advisors have been working with HMRC in an attempt to find [...]
Founder of whisky investment firm Hackstons tied to notorious ‘Wolf of Wall Street’ wine scam March 13, 2025 A high-flying salesman who made millions during his time at a business that was subsequently exposed as a notorious wine scam is now running a West End whisky investment firm having changed his name, City AM can reveal. Alphie Valentine, 41, is the co-founder and director of Hackstons, whose flagship store opened in Knightsbridge in [...]
Savers love Cash ISAs – but their safety comes at a price March 10, 2025 Savers love the safety of Cash ISAs, overwhelmingly preferring them to their riskier but more lucrative investment ISA rivals. Around 14.5m people now have a Cash ISA, compared to 4m with a Stocks and Shares ISA, according to figures from HM Revenue & Customs (HMRC). More on ISAs from City AM: However, according to savings experts [...]