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  • Flight prices set to jump as regional airports set for rocketing tax bills

    December 29, 2025

    Air passengers are being warned to brace for flight prices to jump as regional airports across the UK face “unprecedented” rises in property tax next year. Analysis of official Government data for the Press Association has revealed regional airports are among those facing the steepest increases in business rates of any sector in the UK [...]

  • Budget: ‘Tax on holidays’ slammed by Butlin’s boss

    November 26, 2025

    The chief executive of Butlin’s has slammed Rachel Reeves for introducing a ‘tax on holidays’ in her Budget today. Jon Hendry Pickup has argued that “hospitality businesses like Butlin’s remain caught in the crossfire of the Chancellor’s tax and spend ideology”. The chief executive was reacting to the ‘tourism tax’ which has been welcomed by [...]

  • Autumn Budget ‘deeply concerning’ for squeezed hospitality industry

    November 26, 2025

    The UK’s hospitality industry has been disappointed by the Autumn Budget, with no cuts to VAT and no changes to National Insurance. Even a cut to business rates has been described as “too little, too little” as well as something likely to get wiped out by an inflation-linked revaluation of rates next year. “This is [...]

  • Tony Matharu, Chairman of Central London Alliance CIC Comments on the Rumoured Introduction of a London Tourist Tax

    November 25, 2025

    It is not the cheerful Christmas bells jingling and the tidings of comfort and joy London can look forward to having, but the inevitable rattle of shutters slamming shut for the last time from the closed hospitality businesses whose metaphorical backs have been broken by the burden of another unjustified, economically harmful tax on London’s [...]

  • Reeves opens door for mayors to impose ‘damaging’ tourist tax

    November 25, 2025

    Mayors in England are set to be given new powers to levy a tourist tax on visitors to fund local projects under a new policy. Reeves will give mayors the ability to impose a “modest” charge on visitors staying in hotels, bed and breakfasts, guest houses and holiday lets through the English Devolution and Community [...]

  • Hotels and shops to be hit by fresh Reeves tax raid 

    November 17, 2025

    Hotels and supermarkets are set to be hit by extra taxes at the upcoming Budget as Chancellor Rachel Reeves hopes to raise more than £20bn in taxes.  Reeves is planning to allow mayors to hit holidaymakers with an overnight levy on hotel and rental home stays at the Budget, opening up new cash streams for [...]

  • The Capitalist: City AM, sexing up the Budget since 2005

    October 30, 2025

    INSIDE OUR INAUGURAL SQUARE MILE AWARDSThe Square Mile gathered in force last week to celebrate… the Square Mile. It was our inaugural Toast the City Awards, and gongs were handed out to the City’s best restaurant, bar, green space, rooftop and much more. However, Piccolo Bar, the winners of the best sandwich accolade, weren’t to [...]

  • Autumn Budget: ‘Window is closing’ on Labour’s growth mission

    October 9, 2025

    Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, chief executive of BusinessLDN shares what he thinks could be the capital’s 21st century moment. The “window is closing” on the government’s mission to achieve economic growth, the boss of London’s business advocacy group [...]

  • End backward, outdated Sunday trading laws!

    October 3, 2025

    Restrictions on large stores trading hours on Sundays are a relic of a bygone era which strangle high streets and hold back growth, says Mark Allatt In an era where the rhythm of daily life has accelerated beyond recognition, the UK’s archaic Sunday trading laws stand as a stubborn relic, stifling economic vitality and curtailing [...]

  • Eden Project: Losses more than double amid job cuts

    September 25, 2025

    Losses at the Eden Project in Cornwall more than doubled as a “major restructuring” led to a large number of jobs being cut. New accounts filed with Companies House show that its pre-tax loss went from £1.5m to £3.5m. The latest figure comes after the Eden Project also posted a pre-tax loss of £868,000 in [...]

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