Rachel Reeves mulls inheritance tax U-turn as non-doms flee June 17, 2025 Rachel Reeves is reportedly mulling over changes to inheritance tax (IHT) on non-doms for assets held around the world, as pressure has ramped up from the City. That’s according to a report in the Financial Times, with “tweaks” to current rules to stem the UK’s haemorrhaging of non-doms. This potential U-turn follows pressure on the [...]
UK Science Minister calls for stronger US-UK health tech alliance June 17, 2025 UK science minister Lord Patrick Vallance has urged the US and UK to deepen ties across the health tech and life sciences sectors, calling the move a “unique opportunity” to unlock economic growth and medical innovation on both sides of the Atlantic. Speaking at the BIO 2025 global biotech conference in Boston, Vallance told delegates [...]
Are Brexit Britain and Carney’s Canada a dream match? June 17, 2025 As Carney balances political principles with market realities, post-tariff Canada could learn from Brexit Britain, writes Michael Martins.
WFH: Office workers in line for quicker promotions and higher pay June 17, 2025 Staff who attend the office regularly can expect bigger pay rises and faster promotions than peers who prefer to work from home (WFH), a fresh survey of top employers has found. According to research from recruitment shop Reed, over two thirds (68 per cent) of UK companies are more likely to compensate office regulars with [...]
Affair and Andab can Raid Ascot on Day One June 16, 2025 ROYAL Ascot has come round in a flash, and there’s certainly plenty of speed on show on the opening day, with the Group One King Charles III Stakes (3.40pm) featuring some of the fastest horses on the planet. I put up AMERICAN AFFAIR in this column ahead of his run in the Temple Stakes at [...]
Happy birthday Adam Smith, your ideas are still fresh at 302 June 16, 2025 On the 302nd anniversary of Adam Smith’s baptism, his enduring insights into free trade and the folly of protectionism remain a powerful rebuttal to today’s rising economic nationalism, says Eliot Wilson Three hundred and two years ago today, in 1723, in the Old Kirk in Kirkcaldy, a baby was baptised. His precise date of birth [...]
The public don’t understand net zero – it’s time for new arguments June 16, 2025 Widespread uncertainty about the costs and implementation of net zero risks undermining support for climate action. Effective communication can shift opinions, says Sir Craig Oliver In the face of a rising tide of anti-net zero rhetoric, the battle over climate and energy policy in the UK has never been fiercer. The current arguments being made [...]
Motorway CEO: How I built my $1bn empire after a huge failure June 16, 2025 The co-founder and chief executive of used car marketplace Motorway has opened up about how he helped to build a $1bn empire from scratch following the biggest failure of his career. On an up-coming episode of City AM’s Boardroom Uncovered show, Tom Leathes also revealed how he and his fellow founders landed on the car [...]
Reeves to lay out 10-year infrastructure plan worth £725bn June 15, 2025 Chancellor Reeves is set to deliver a 10-year infrastructure strategy plan which will lay out efforts to boost growth and upgrade services across the UK. The new blueprint for UK infrastructure will come around a week after Reeves delivered the Spending Review, which marked out £190bn in extra government spending commitments for the years between [...]
UK investigators arrive in India for plane crash June 14, 2025 UK air accident investigators have arrived in India as tributes continue to pour in for victims of the Air India plane crash. The Boeing 787 Dreamliner crashed shortly after take-off on Thursday in what is one of the deadliest plane accidents in terms of the number of British nationals killed. The aircraft struck a medical [...]