The chief executive of Premier Inn owner Whitbread, Dominic Paul, has issued a stark warning regarding the potential ramifications of proposed changes to business rates. He emphasised that these adjustments
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Ken Murphy, chief executive of Tesco plc, has publicly backed the hospitality sector in its ongoing dispute over Britain’s business rates framework. Speaking on 8 January 2026, Murphy articulated the
The Treasury is conducting a review into the effects of the abolition of non-domiciled tax status, a key provision which formerly allowed wealthy UK residents to avoid taxation on overseas
Rachel Reeves is preparing a potential £4 billion tax raid targeting generous pension perks, with higher earners and large firms likely to bear the brunt. The Chancellor is expected to
The British government could raise up to £45 billion through moderate tax reforms without breaching Labour’s manifesto promises, according to a new analysis by investment bank Morgan Stanley. With Chancellor
Hundreds of the United Kingdom’s largest retail stores may be at risk of closing their doors under proposed government changes to business rates, the British Retail Consortium has cautioned. The
Compared to the opulent casinos of Las Vegas or the grandeur of Macao, British gaming establishments have long cut a more understated figure. That era could soon be drawing to
The Treasury is actively reviewing reforms to inheritance tax (IHT) in an effort to close a significant gap in the nation’s public finances ahead of the upcoming autumn budget. With
The Labour government has sparked controversy by refusing to rule out the introduction of a wealth tax targeting Britain’s wealthiest individuals, despite strong warnings from tax experts about potential negative
Britain’s long-standing position as a haven for wealthy expatriates is experiencing a dramatic shift as evidence mounts of an accelerating exodus of high-net-worth individuals following Labour’s recent tax reforms. The
In a significant shift in fiscal policy Chancellor Rachel Reeves has announced plans that are set to increase the tax burden to unprecedented levels. The proposed changes come in the
The owner of B&Q, Kingfisher, has called on Rachel Reeves to reconsider planned tax increases for retailers ahead of Wednesday’s spring statement. The retail industry faces rising costs due to
Rachel Reeves’s £9.9bn fiscal buffer has been completely eroded due to sluggish economic growth and rising market interest rates, economists at the National Institute of Economic and Social Research (Niesr)
The Labour government has announced plans to modify controversial tax changes for non-domiciled residents following an unprecedented departure of wealthy individuals from British shores. Chancellor Rachel Reeves revealed the forthcoming
Recent research conducted by the University of Bristol reveals British voters have largely endorsed the £40bn tax increases presented in Rachel Reeves’s inaugural budget, despite anticipating personal financial impacts. The
In a significant policy revelation, Conservative leadership frontrunner Kemi Badenoch has expressed her support for implementing a flat tax rate system, describing it as an “attractive idea” for future Conservative
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