Targeting non-doms was a cheap hit the Chancellor will regret March 13, 2024 The ultra-wealthy may be an easy target, but the government is sending a signal that playing politics matters more to them than securing investment, says James Price he temptation to play politics is often an irresistible one around fiscal events, and with the twin straitjackets of the Office for Budget Responsibility and a looming election, [...]
Spring Budget 2024: Renters worry as Hunt coaxes landlords to sell with capital gains tax cut March 6, 2024 Today's Spring Budget saw landlords receive a surprise handout from Chancellor Jeremy Hunt after he cut the rate of capital gains tax applying to residential property by four per cent.
Spring Budget 2024: Business leaders livid ‘overwhelming’ case for one tax cut didn’t land March 6, 2024 Bosses, including the chief of Marks and Spencer and the head of British Airways, have reacted with fury this afternoon, following the Chancellor’s snub of the tourist tax.
Marks boss: Running a business under this government is like ‘going up a down escalator with a rucksack on your back’ March 5, 2024 Marks and Spencer boss Stuart Machin has said operating a business under the current government is like “running up a downwards escalator with a rucksack on your back”.
London’s tourist tax: 63 per cent of international tourists would spend more if levy was scrapped March 1, 2024 Some 63 per cent of international tourists would be more likely to make large purchases in the UK if tax-free shopping was re-introduced, fresh polling has revealed. The bombshell data, launched before the Spring Budget, where there have been rumours it could be scrapped, is based on a study of 8,000 people from the USA, [...]
Spring Budget 2024: What are business groups lobbying for? February 29, 2024 Firms up and down the UK are waiting in anticipation for Jeremy Hunt and the Treasury to reveal the contents of next week’s Spring Budget.
Cutting taxes on Scotch whisky would be a win-win for the Chancellor February 27, 2024 Slashing excise duty on spirits is a popular revenue raiser – so why have only three Chancellors ever done it?
Now is not the time for opportunistic personal tax cuts February 25, 2024 The government may think Slashing Income Tax or National Insurance will win votes, but boosting growth and restoring the UK's reputation as a stable place to invest should be the priority, says John Dickie
Heathrow chief: Scrapping London tourist tax is ‘critical for the UK’ February 21, 2024 Retail businesses and a host of airports have since pleaded for the government to reinstate the tax break, with wealthy international shoppers choosing to splash their cash elsewhere.
The Debate: Would citizens’ assemblies improve our democracy? February 21, 2024 City A.M.’s weekly feature takes the fiercest water-cooler debates and pits two candidates head to head before delivering The Judge’s ultimate verdict. This week: Should the UK introduce citizens’ assemblies? Yes: In Ireland, citizens’ assemblies helped identify a new consensus point for abortion rights The 24-hour-long ‘moment’ we just experienced around citizens’ assemblies has been [...]