What Trump 2.0 means for the tax bills of UK businesses November 20, 2024 Tariffs, investment and deglobalisation: KPMG tax expert Tim Sarson takes us through what Trump's second presidency means for UK businesses.
Even liberal Canada realises mass immigration has failed November 20, 2024 When even open-borders torchbearer Justin Trudeau admits that Canada has a problem, it’s time to admit that mass immigration has been a mistake, says James Price We all know that America’s southern border has been a hugely important topic in the recent US election, especially with Trump signalling that he intends to declare a national [...]
Hearn: We could ditch Ally Pally as World Darts Championship hosts November 19, 2024 Sports promotion guru Barry Hearn has said he is considering moving darts away from Ally Pally. The iconic London venue hosts the annual PDC World Darts Championship and sold 90,000 tickets for this year’s 16-day competition. But with the field increasing by 32 players to form a 128-player draw in time for a new TV [...]
Reeves must answer ‘incredibly serious’ questions over CV, Tory MP demands November 19, 2024 Rachel Reeves must answer “incredibly serious” questions over claims she “misrepresented” her CV, a Tory MP has demanded. Richard Holden wrote to the Chancellor following reports she had exaggerated her professional experience at the Bank of England (BoE) and Halifax Bank of Scotland (HBOS). Reeves told Stylist magazine in 2021 that she spent a decade [...]
Abrdn shakes up top team in turnaround push November 19, 2024 Abrdn’s new chief executive Jason Windsor has revamped his leadership team today as part of efforts to breathe life into the beleaguered asset manager after years of sluggish performance. In an statement today, the vowel-stripped FTSE 250 investment house revealed it had promoted its client head, Xavier Meyer, to chief of investments, and Richard Wilson, [...]
Meet the City AM Dragon Awards Winners 2024 November 19, 2024 You would be forgiven for thinking that the most important Mansion House event was the Chancellor’s annual speech to City leaders but, with apologies to Rachel Reeves, she’s just been upstaged. Last night 200 leaders and founders from a staggering array of businesses, charities and organisations gathered at this iconic Square Mile venue for the [...]
Tractors circle Westminster as farmers protest inheritance tax rise November 19, 2024 Thousands of farmers marched on Westminster today in protest against the government’s plans to impose inheritance tax on farms. The Chancellor Rachel Reeves has been urged to meet with representatives from the industry after she unveiled plans in the Budget to impose inheritance tax (IHT) on farms worth more than £1m from April 2026. The [...]
Russian Olympic champion sanctioned by UK over aiding “forced deportation” of Ukrainian children November 19, 2024 Russian former Olympic champion gymnast Nikita Nagornyy has been sanctioned by the UK Government for helping to forcibly deport Ukrainian children. Nagornyy, 27, was added to the Foreign, Commonwealth and Development Office UK Sanctions List on Tuesday for his part in what it called the “forced deportation and re-education of Ukrainian children”. Nagornyy, described by [...]
Exclusive: Labour approves Ardian and Saudi swoop for majority stake in Heathrow Airport November 19, 2024 The private equity group Ardian and Saudi Arabia’s £3.3bn deal for a 38 per cent stake in Heathrow Airport has cleared the final hurdle after receiving approval from the Cabinet Office, City AM understands. Whitehall sources confirmed to City AM the deal has been signed off by the government’s Investment and Security Unit (ISU), which [...]
Saudi Arabia: A Unique Travel Experience November 19, 2024 At the World Travel Market (WTM) in London, Inside Saudi’s Sir Martyn Lewis stepped onto the Saudi Tourism Authority’s (STA) stand to see just how Saudi Arabia is positioning itself as a ‘Must-Visit’ international tourist destination. Having undergone a significant cultural transformation in recent years, the government has committed vast resources to tourism and hospitality. [...]