UK markets being ‘gradually undermined’ by tax regime – Interactive Investor boss March 10, 2025 The current tax regime is making UK markets “just about tradable” and are leading to their “gradual undermining”, according to the chief executive of Interactive Investor*. Speaking in the latest episode of City PM‘s Boardroom Uncovered podcast, Richard Wilson said his company has seen an increase in more investors trading in foreign markets instead of [...]
Week in Business: Who will Rachel Reeves blame for higher taxes in Spring Statement? March 6, 2025 City PM Editor Christian May looks at the biggest business stories in his weekly video, today focusing on the UK economy and upcoming Spring Statement.
Chancellor facing £10bn headache in Spring Statement March 6, 2025 Rachel Reeves faces a tax and spend nightmare at the Spring Statement, according to the Institute for Fiscal Studies (IFS) think tank. In a lengthy report, the IFS says Reeves is snookered between the realities of a bleak economic environment and her own self-imposed fiscal rules, resulting in what could amount to a £10bn tax [...]
Reeves is gearing up for a blame game March 6, 2025 You can hear the spin a mile away; as the Chancellor’s team prepares for the Spring Statement the groundwork is being laid. Despite the fact that the inevitable consequences of the government’s multi-billion pound tax raid on businesses have been clear for months, with economic growth suffocated, sources close to the Chancellor are telling the [...]
What ever happened to levelling up? March 5, 2025 Levelling up has all but disappeared from the government's agenda. That's a big mistake for growth, writes Paul Ormerod.
Spring Statement 2025: Rachel Reeves should be courageous and favour economics over ideology, says Interactive Investor boss March 3, 2025 Chancellor Rachel Reeves needs to be “quite courageous” and not “allow ideology to get in the way of economics” when she delivers her Spring Statement on 26 March, the chief executive of Interactive Investor has said. Richard Wilson, speaking on an up-coming episode of City PM‘s Boardroom Uncovered podcast, added that the government’s growth agenda [...]
Reeves urged to ‘urgently’ unlock pension capital to boost pre-IPO firms February 28, 2025 Rachel Reeves should use the multibillion pound surplus in public sector pensions to give the UK’s most-promising scale ups crucial capital that will prevent them from listing abroad, a top accounting firm has said. Blick Rothenberg issued a rallying cry to the Chancellor to use her upcoming Spring Statement to lend some much-needed support the [...]
