Labour has reversed its plan to reintroduce the pension lifetime allowance, sparking claims from the Tories of a significant financial “black hole” in Labour’s budget. The U-turn, valued at £800 million, sees Rachel Reeves, the shadow chancellor, abandoning the pledge ...
Labour’s proposed tax on private education is set to drive up house prices in catchment areas of high-performing state schools, according to leading estate agent Hamptons. The plan, which includes the introduction of VAT on independent school fees, is anticipated ...
The Liberal Democrats have launched a radical manifesto aimed at the self-employed, presenting significant policy changes that set a new benchmark for other political parties ahead of the general election. According to a tax and self-employment expert, these proposals draw ...
Contra Keynesians, who believe that government spending and bureaucracy are the keys to economic growth, it is the bureaucratic state that swallows resources and stifles entrepreneurs. The more powerful the bureaucracy, the lower the standard of living. ...
The Conservative Party has pledged nearly £730 million to bolster NHS mental health treatment in England, aiming to address the rising welfare costs if they win the forthcoming general election. This initiative is designed to cut the economic burden of ...
Labour is set to override local councils to construct data centres on the green belt as Sir Keir Starmer’s Opposition seeks to enhance the UK’s artificial intelligence sector. Peter Kyle, the shadow science, innovation, and technology secretary, is considering designating ...
The number of individuals seeking employment has soared at the fastest rate since 2020, signalling a growing fragility in the UK employment market. A closely monitored survey by KPMG and the Recruitment and Employment Confederation (REC) indicates that increased redundancies ...
Aston Martin has finalised a significant long-term agreement, offering increased pay and reduced working hours for its employees, aimed at enhancing work-life balance and boosting productivity. More than 2,500 eligible Aston Martin employees and contractors across the UK will benefit ...
Labour is set to announce measures to close a significant tax loophole that currently allows thousands of private equity investors to avoid paying income tax. This initiative will be a key feature in the party’s general election manifesto, which is ...
Sir David Davis, former chairman of the Conservative Party, has sharply criticised the UK’s extradition treaty with the United States following the acquittal of British technology entrepreneur Mike Lynch. Lynch was cleared of charges related to inflating the value of ...