Tax from UK’s 74,000 non-doms paid for 18 days of NHS spending in 2022 July 9, 2024 Non-doms contributed nearly £9bn to the exchequer through tax and national insurance contributions (NICs) in the 2023 tax year, the highest amount since 2017, when new rule changes were brought in.
‘Bag ready’ private equity execs more worried about Reeves’ carry policy than Corbyn July 9, 2024 Private equity execs are "bag ready" to leave the UK to avoid Labour's carried interest policy, with some City lawyers giving more legal advice than then when Corbyn was leader, leading industry figures and advisers have said.
Starmer: Nationalising debt-laden Thames Water ‘not consistent’ with our fiscal rules July 8, 2024 Nationalising Thames Water would “not be consistent” with Labour’s fiscal rules, the Prime Minister’s spokesman has said.
City ‘stands ready’ to work with new Labour government on growth July 8, 2024 Business lobby groups and Canada have said the sector “stands ready” to work with Keir Starmer’s new Labour government on realising growth.
Election 2024: Which taxes will go up under Starmer’s Labour government? July 5, 2024 Tax and spend was one of the major points of contention during the election campaign. What will a Labour landslide mean for your taxes?
Shein, trade and tax: Labour and Tories clash on business June 27, 2024 Morning Wire's Charlie Conchie and Jess Frank-Keyes unpick the election business debate between Kemi Badenoch and Jonathan Reynolds.
Will it work? Tax and benefit cuts June 27, 2024 It’s an election year. Politicians are giving us a barrage of policies. But we often forget to ask the most important question: will they actually work? In this column Sam Fowles take policies on their own terms and asks whether they solve the problem they’re supposed to solve. Rishi Sunak has made tax cuts the [...]
Column: Leafleting, manifesto prep and a BBC debate: the final campaign push June 26, 2024 Like it or not, the six-week election campaign is finally drawing to a close - and come the early hours of July 5 we’re likely to have a new government.
Hiking capital gains tax would harm small businesses June 24, 2024 A blanket increase in CGT rates would not only affect gains on publicly quoted stocks or investments in second homes, it could also impact investors who have taken much more significant risks with their capital to back small, growing companies to achieve their potential, says Claire Madden It’s looking inevitable that Labour will win the [...]
Top economists say Labour will have to raise more taxes if it wins election June 24, 2024 The UK's leading economists widely agree that Labour will put up more taxes if it wins the general election on 4 July, a Morning Wire poll suggests, as the party comes under pressure to explain how it will fund its plans.