Exclusive: Labour mulls hefty fine for employers who stop unions entering offices every week October 23, 2025 The Labour government is considering a plan to give trade unions weekly access to businesses’ offices, with fines worth up to £75,000 to be dished out to bosses who bar them from entering. The Employment Rights Bill (ERB) is set to include powers for trade unions to gain “right of access” to workplaces, a perk [...]
Treasury’s LLP tax proposal could add £46,000 burden per partner October 23, 2025 Law firms’ partners could face an additional £1.4bn in tax each year if the Treasury goes ahead with imposing a 15 per cent rate of national insurance contributions on LLPs. According to data provided by HMRC to UHY Hacker Young, partners of law firms made a total of £9.2bn in profits in the latest year. [...]
How to actually grow the economy October 23, 2025 In this special edition of The Week in Business, City PM Editor Christian May talks to Lord Matthew Elliott about his new book, co-authored with Dr Arthur Laffer, Douglas McWilliams and Lord Michael Hintze: Prosperity Through Growth – Boosting Living Standards in an Age of Autocracy and AI. The book is based on interviews with [...]
Is Brexit really to blame for the Chancellor’s growth headache? October 23, 2025 As the government prepares the public psyche for substantial tax hikes at next month’s Budget, the Chancellor has taken a Brexit-shaped risk. Keir Starmer’s government has largely opted for caution over talking about relations with the European Union. The Prime Minister has insisted that re-opening the Brexit debate would bring only “turmoil” but he also [...]
St James’s Place continues on its path to redemption October 23, 2025 The UK’s leading wealth manager, St James’s Place, has continued on with its work to move past its 2024 downfall, reporting a “strong quarter” as funds under management hit record highs. Gross inflows increased to £5.7bn, a 30 per cent jump from the £4.4bn recorded the previous year, while net inflows jumped 98 per cent, [...]
Autumn Budget: Reeves told avoid ‘pick and mix’ tax grabs October 23, 2025 Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, the managing director of TheCityUK warns Reeves not to patch up the tax tire just for it to deflate once more. The Chancellor has touted financial and professional services for their role “at the [...]
Regulation isn’t what’s holding business back – it’s tax October 23, 2025 The Chancellor has promised to “boldly regulate for growth” but that’s easy to say and costs nothing. The UK’s problem isn’t paperwork, it’s the relentless pressure of ever higher prices and government constraints, says Helen Thomas The Chancellor has given a Regional Investment Summit speech where she tapped into her inner Spock, promising to “go [...]
End managed decline and make the City great again October 23, 2025 With the Budget fast approaching, Britain faces a simple choice: double down on managed decline or go all in for growth. After nearly two decades of stagnation, it’s time for a bold, unapologetically pro-enterprise reset that puts economic growth at the heart of national policy. That’s the case made in Prosperity Through Growth, my new book [...]
These are the taxes Reeves will raise at the Budget October 23, 2025 There won’t be many rabbits out of Reeves’ hat at the upcoming Budget but here’s what to expect: gambling taxes, windfall taxes and an income tax national insurance swap, says Tim Sarson I remember the good old days of Budget predictions. We used to get our thinking caps on about a fortnight before the event, [...]
The ‘confidence gap’ is discouraging women from investing October 23, 2025 The UK financial services’ sectors fixation with the ‘confidence gap’ is actively turning women away from investing, a trading platform has warned. An analysis by Etoro of more than 80 UK reports on women investing by the financial services industry, found a repeated belief that the gender investment gap was caused by a lack of [...]
