A non-dom tax U-turn could revive prime London property June 25, 2025 Prime property in areas like Mayfair and Belgravia is currently going for as little as £1,800 per square foot, but reversing inheritance tax on global assets could re-establish London’s appeal to the world’s rich, says Edward Matthews Reports that Rachel Reeves is considering reversing the requirement for overseas high net worth individuals (HNWI) to pay [...]
Falling wage growth could usher interest rate cuts, Andrew Bailey suggests June 24, 2025 Bank of England Governor Andrew Bailey suggested interest rate cuts would be warranted as pay growth was set to decline in the coming months.
Borders watchdog casts doubt on Labour pledge to end asylum hotels June 24, 2025 The Labour government’s pledge to end the use of hotels for asylum seekers by 2030 has been dismissed as unachievable by the UK’s borders watchdog. Chancellor Rachel Reeves reiterated at the Spending Review nearly a fortnight ago that the government’s commitment to end asylum hotels would save the government £1bn a year. But David Bolt, [...]
ONS appoints Bank of England data exec as new chief June 24, 2025 The Office for National Statistics (ONS) has appointed a Bank of England executive as its new director general at a time when the independent body is losing trust over its poor handling of key data. James Benford, who served as the Bank’s chief data officer and oversaw analytics, will join the ONS in early August [...]
Inflation ‘plateau’ could keep interest rates higher, Bank hawk warns June 24, 2025 Bank of England officials may avoid cutting interest rates as worries inflation will remain above three per cent over the coming months leave policymakers in an “uncomfortable place”, a Monetary Policy Committee member has warned. Speaking at an event hosted by the National Institute of Economic and Social Research, external member Megan Greene said the [...]
UK industrial strategy labels cyber a key frontier technology June 24, 2025 Cyber security has been named one of the UK’s highest-potential “frontier” industries in the government’s new industrial strategy, which outlines plans to boost economic resilience through investment in cutting edge tech sectors like AI, semiconductors and quantum computing. The strategy, published Monday, places cyber at the heart of both national security digital infrastructure and enabling [...]
Tick Christmas off your to-do list with Tottenham Hotspur Stadium June 24, 2025 Want to host the ultimate office Christmas party? Summer may be in full swing but it’s never too early to tick Christmas off your to-do list. Tottenham Hotspur Stadium is London’s leading Christmas party venue and has an array of magical party options to ensure you have the most wonderful time. Very few venues in [...]
UK-India film: Nandy’s cultural agreement starts to show green shoots June 24, 2025 While the UK and India have a strong history of collaborating on film productions, the 2020s has seen a boom in co-operation between the two countries. Helped since 2008 by a series of film co-production deals, a new cultural deal this May promised to “open the door” more for UK creative exports to India. “The [...]
Beware BritCard. Digital ID will turn Britain into a papers, please society June 24, 2025 Britain has a long history of rejecting mandatory identification. Digital ID BritCard must be no different, writes Rebecca Vincent.
Cambridge science has global ambitions and London is our departure lounge June 24, 2025 Cambridge is seizing a unique moment to amplify the global impact of its world-leading research by opening a new office in London’s tech hub, aiming to build stronger connections, embrace entrepreneurial risk, and better integrate academia with investors, says Jim Glasheen From discovering Newton’s law of gravity, to laying the foundation for computing, to unlocking [...]