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UK Government

  • London families to shoulder nearly a quarter of all inheritance tax bills 

    January 13, 2026

    Families in London and the South East coughed up nearly half of all UK inheritance tax receipts, amid a continued climb in property prices. Londoners paid the greatest share of the unpopular levy, at 23 per cent, narrowly ahead of the South East at 22 per cent. This was followed by the South West, but [...]

  • Immigration law firm put up for sale on insolvency market amid visa crackdown

    January 13, 2026

    A London law firm specialising in immigration services has been put up for sale on an insolvency marketplace in an early sign the government’s crackdown on visas has sparked a slump in applications. Woolwich-based A Vincent Solicitors, which employs more than two dozen staff and has a second office in Manchester, offered multi-lingual support services [...]

  • TfL to spend £100m a year on cleaning tubes amid graffiti spat

    January 13, 2026

    Commuters will foot an annual £100m bill for cleaning tubes and buses over the next five years, City PM can reveal, with transport officials hoping a new provider will help to wipe out graffiti across the network.  Transport for London (TfL), which is chaired by Mayor Sadiq Khan, revealed it signed a contract with the [...]

  • Stride vows to protect OBR in new dividing line with Farage

    January 12, 2026

    Shadow Chancellor Mel Stride has vowed to protect the Office for Budget Responsibility (OBR) in any future Conservative government, drawing a dividing line with Reform’s Nigel Farage on approaches to controlling public finances.  Stride is expected to re-establish the Conservative Party’s firm commitment to maintaining the fiscal watchdog as an independent body scoring the effects [...]

  • Hargreaves Lansdown swipes new chief executive from Vanguard

    January 12, 2026

    Britain’s biggest investment platform has poached a senior member of tracker funds giant Vanguard to be its new chief executive. Hargreaves Lansdown has appointed Matt Benchener as chief executive officer from July 2026, subject to regulatory approval. Benchener runs Vanguard’s personal investment business in the US, which has several million clients, and will join the [...]

  • Reeves’ VCT changes ‘could put start up funding at risk’

    January 12, 2026

    Chancellor Rachel Reeves’ shake-up of venture capital tax rules could leave UK start-ups facing a shortfall of millions in funding, a leading investment platform has warned. According to Wealth Club, the chancellor’s changes to venture capital trust tax relief in last year’s Autumn Budget could see British start-ups and scale-ups face a funding deficit of [...]

  • Nadhim Zahawi defects to Reform as polling lead extended

    January 12, 2026

    Former Chancellor Nadhim Zahawi has defected to Reform UK as fresh polling has shown the party extending its lead over Labour and the Tories.  Zahawi, a former ally of Boris Johnson who served as Chancellor for a matter of months, announced his high-profile defection in a press conference in Westminster on Monday.  Along with new [...]

  • Labour can’t afford to stick with Starmer much longer

    January 12, 2026

    When leaders lose control of events, they rarely recover it. The final blow is usually banal. It could be a ministerial resignation, a bacon sandwich style gaffe, or a symbolic vote defeat, but it is coming, says Helen Thomas A curious myth has taken hold at Westminster that Keir Starmer remains in post because removing [...]

  • Women and Gen X are feeling blue on their finances for 2026

    January 12, 2026

    UK adults have reported feeling upbeat about their finances for the year ahead, but women and Gen X do not share the positive sentiment. Six in ten adults said they felt positive about their financial situation going into 2026, maintaining last year’s results and up from the 52 per cent reported in 2024, according to [...]

  • Ofcom investigation launched into Grok AI deepfakes on X

    January 12, 2026

    The media and online safety watchdog has announced an investigation into Elon Musk’s X, to determine whether the platform has done enough to protect Brits from explicit deepfakes generated by its Grok AI.  Ofcom pointed to “deeply concerning reports of the Grok AI chatbot account on X being used to create and share undressed images [...]

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