New warning over ‘stealth’ £9bn income tax raid May 27, 2025 The government is under fire over its “stealth tax bombshell” as hundreds of thousands of Brits are set to be dragged into higher tax bands by the end of the decade. As many as 1.9m workers will see their pay fall into higher tax brackets by 2030 as the bands fail to keep pace with [...]
Former PM David Cameron in job talks with law firm DLA Piper May 23, 2025 Former Prime Minister Lord David Cameron is discussing a job role with law firm DLA Piper
UK net migration almost halves in 2024 May 22, 2025 Net migration was cut in half in 2024 as 431,000 people arrived in the UK, official data has shown, suggesting Tory-era policies have had some of their desired effects. The Office for National Statistics (ONS) said fewer people arrived on work and study-related visas while an increase in Brits leaving the UK also reduced net [...]
Labour’s National Wealth Fund hounded with calls for clarity May 15, 2025 Labour’s National Wealth Fund (NWF) faced renewed pressure on Wednesday as the Treasury Committee kicked off its inquiry into the new body. The NWF’s ability to boost economic growth across the country was the subject of questions posed by MPs to investment industry leaders. Its status as a “wealth fund” came under fire against comparisons [...]
Key takeaways from Deliveroo’s Doordash deal May 6, 2025 Deliveroo’s 2021 flotation had been tipped as London’s hottest IPO. Within days it was rebranded one of the worst in history. The company had been valued at a whopping £7.6bn, making it one of the top tech firms in Britain and propelling its co-founder, Will Shu, from relative obscurity to a star CEO with a [...]
Labour can beat Reform by rebuilding public services May 6, 2025 Labour’s path to electoral victory lies in tangible public service improvements. Modern Public Private Partnerships could be the key to delivering results without breaking fiscal rules, say former Labour cabinet ministers Alan Johnson and Lord Hutton There are two answers for a government under threat from Reform. You try to outflank them on the right [...]
Mark Kleinman: Is Reeves about to rip up ring-fencing? May 1, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Is Reeves about to rip up ring-fencing? Rachel Reeves rips up ring-fencing: it’s an alliteration aficionado’s dream headline. It’s also an increasingly realistic one, following an intervention by a quartet of UK bank chiefs last week [...]
Fiscal drag pulls nearly 2 million into higher tax bracket April 28, 2025 Income tax thresholds, frozen in 2021, have pulled nearly two million Brits into higher brackets as fiscal drag bites. The number of higher rate taxpayers has increased by 1.88m, from 4.43, to 6.31m, between 2021 and 2025, according to finance specialists Rift. “Rising income taxes have been particularly punitive in recent years, as inflation reached [...]
Former Tory MP among 15 facing charges related to election gambling April 14, 2025 Former Tory MP Craig Williams is one of 15 people who have been charged after bets were placed on the timing of the 2024 general election, the Gambling Commission has revealed. Williams was among a number of people linked to the Conservative Party reported to have made bets on the election date, which was called [...]
Philip Green verdict is a big win for the under scrutiny ECHR April 10, 2025 Sir Philip Green tried to sue the UK, but Strasbourg said no - in a move that not only "reaffirms" Parliamentary privilege but shines a light on the ECHR