Heathrow eyes earnings crunch as national insurance hike weighs June 27, 2025 London Heathrow airport expects its earnings for 2025 to take a hit as it weighs the cost of Labour’s hike to employer’s national insurance contributions. The airport expects earnings before interest, taxes, depreciation, and amortisation (EBITDA) to decrease by three per cent to near £1.98bn over the year due to higher operating costs brought on [...]
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 [...]
City regulators must work more constructively with businesses, experts say June 26, 2025 City regulators have been urged to work more constructively with businesses to ease compliance costs, experts have said amid plans for major regulatory reform by the government. Regulators such as the Financial Conduct Authority (FCA) and the Prudential Regulatory Authority (PRA) were frequently too slow to respond to messages from businesses and were often deliberately [...]
Reeves urged to unfreeze income tax or risk entrenched damage June 26, 2025 Rachel Reeves has been given another stark warning of the implications of extending the freeze on income tax thresholds. The Chancellor has vowed to not repeat the scale of tax rises in last year’s autumn Budget, but has not addressed whether she will stand by her promise to unfreeze income tax thresholds from 2028. Reeves [...]
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) [...]
Chess-playing Reeves is in a political zugzwang over welfare June 26, 2025 A looming rebellion on welfare reforms is casting doubt on Rachel Reeves’ ability to meet her fiscal rules, says Helen Thomas As we approach the first anniversary of the first Labour government in 14 years, we also approach its first significant rebellion. According to the analysis of our team at BlondeMoney, next week’s vote on [...]
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 [...]
Halfords to shut garages amid growing cost pressures June 25, 2025 Halfords is set to close some of its garages this year as it struggles with increased labour costs introduced by last year’s Autumn Budget. Shares fell nearly two per cent in early trades. The cycling and motoring specialist said the sites earmarked for disposal are not able to provide the “level of customer experience to [...]
Graduate jobs at ‘weakest level since 2018’ as Reeves’ taxes rattle firms June 25, 2025 Graduate jobs are now at their “weakest level since at least 2018”, fresh data has suggested, as Chancellor Reeves’ tax hikes on employers have made bosses avoid hiring junior workers. The UK government has made job creation a crucial part of its efforts to grow the economy and improve living standards for Brits after years [...]