The future of tax in the UK, an expert view January 18, 2022 This article first appeared in ICAS’ CA magazine. Young businesses have the potential to drive post-pandemic recovery – but is the UK’s ageing tax system a help or a hindrance to entrepreneurs? Fraser Allen asks four experts to share their thoughts Earlier this year, the Institute for Fiscal Studies published a blunt assessment of the way [...]
Inflation to near 30-year high as Brits prepare to tighten their belts January 17, 2022 The cost of living in Britain will swell to its highest level in nearly three decades, some of the City’s leading economists warned today. Soaring energy bills, compounded by a sharp rise in the price of second-hand cars and petrol costs, will drive inflation to 5.3 per cent, according to Sanjay Raja, Deutsche Bank’s senior [...]
Funeral costs fall as half of Brits look to dial back on spend January 17, 2022 Funeral costs have fallen for the first time in 18 years as Brits take on a new pandemic-era mentality to spend more money on living, rather than dying. The average cost of a basic funeral has shrunk 3.1 per cent to £4,056 since 2020. While the average price in London sits at £5,358. Even [...]
Manufacturing deals rocket as businesses lock in wages amid inflation January 17, 2022 Pay settlements of up to 14 per cent have been agreed with manufacturers, as business and investors gear up for fresh inflation figures, with prices rising at more than double the Bank of England’s target rate.
Energy Bills: PM mulls bank loan plan with price cap set to hit £2,400 January 15, 2022 The government is reportedly mulling bank loan proposals to smooth a hike in the cost of energy bills expected this year.
A lack of direction at the top has left Boris vulnerable to scandal January 14, 2022 Since being elected in 2019 on a new brand of Conservative politics, Johnson has completely failed to add meat to the bones of precisely what this means. Without a safety net of coherent politics, a checklist of achievements to wave at his many critics, Johnson is more in danger of being waylaid by scandals than [...]
Energy price crisis: What can the government do to protect the poorest households? January 13, 2022 City A.M. looks over some of Downing Street’s potential options to reduce the cost of energy bills for the UK's poorest households.
City blows away gloomy Brexit forecasts as profits soar at fastest rate since 2015 January 13, 2022 The City is blowing gloomy forecasts that Brexit would hit its financial services industry out of the water, reveals a fresh study released today. Profits at the Square Mile’s biggest banks, brokers and insurers are accelerating at the hottest pace since before Brexit, according to the UK’s leading business group. City firms’ resurgence will help [...]
UK households face biggest decline in available cash for eight years January 12, 2022 UK households are feeling the pinch as energy bills soar, the cost of living rises and Covid-19 restrictions continue to impact business.
JD Sports expects to beat profit expectations following Black Friday and Christmas sales January 12, 2022 JD Sports expects full-year profits to beat expectations following improved trading performance over Black Friday and Christmas.