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  • National insurance cut by 2 per cent

    January 6, 2024

    The main rate of national insurance was today cut by two percentage points, from 12 per cent to 10 per cent. The move, announced in last year’s autumn statement, was hailed by the Conservatives but Labour called it a “raw deal” and economists said many households are still facing the burden of high taxes. Chancellor [...]

  • Troubled Entain appoint Wall Street activist to board in bid to soothe investor unrest

    January 3, 2024

    Entain has appointed Eminence Capital founder Ricky Sandler to a non-executive role on its board of directors.

  • ‘Side hustle tax’ to see online platforms like Ebay, Airbnb and Amazon share seller details with HMRC

    January 2, 2024

    This will allow tax authorities to detect and tackle tax evasion, while also levelling the playing field with how traditional businesses are treated for tax purposes, according to HMRC.

  • Year in review: Rogue ministers and fiscal headaches, how did Sunak do in 2023?

    December 27, 2023

    As 2023 limps to an end, and Sunak nears the deadline for his "five pledges", Eliot Wilson takes a look at the year that was in UK politics.

  • Year in review: Rogue ministers and fiscal headaches, how did Sunak do in 2023?

    December 27, 2023

    As 2023 comes to an end, Eliot Wilson takes a look back at the year that was in UK politics, from policy to scandal

  • Why 2023 might mark the end of the ‘London exodus’ as house prices stabilise

    December 26, 2023

    Fewer Londoners ventured outside the M25 in 2023 to buy a home elsewhere, according to an index. Londoners collectively spent an estimated £28.7 billion on homes outside the capital this year, which was £11.7 billion less than in 2022, estate agent Hamptons found. It highlighted two factors at play in the market – the first [...]

  • Government profits from surging insurance costs as tax on policies soars

    December 21, 2023

    HMRC tax receipts for the first two-thirds of the 2023-24 financial year showed that £6bn was collected in IPT. This was an 11 per cent jump on the £5.5bn raised over the same period last year.

  • Sniffer dogs root out drug use at Tory donor JCB’s UK factory: report

    December 20, 2023

    Manufacturing giant JCB is investigating a string of drug use incidence among its workers based at its Staffordshire headquarters.

  • Ladbrokes owner Entain’s chief exec walks following £615m bribery fine

    December 13, 2023

    The chief executive of Entain is to depart following the resolution of a bribery scandal at its former Turkish business.

  • HMRC seeks more audit files from EY in property tycoon’s tax dispute

    December 11, 2023

    Counsel for HMRC asked the court this morning to see more of EY’s audit files in relation to the property tycoon’s tax affairs dispute. HMRC filed a claim to the High Court against the Big Four firm over allegations it misrepresented its client tax affairs to the HMRC. The client was the British property investor [...]

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