by Shilling Group | May 1, 2026 | Shilling Summary
TAX HMRC consultation draws tax gap warning City AM Blick Rothenberg has raised concerns over HMRC’s consultation on tax rules for small businesses, warning that it will not effectively close the tax gap. The 12-week consultation is looking at plans to mandate...
by Shilling Group | Apr 30, 2026 | Shilling Summary
OUTLOOK More firms in ‘critical distress’ as costs climb Daily Mail The Independent Research from BTG reveals a 36.9% increase in UK businesses facing “critical financial distress,” with the total hitting 62,193 in Q1. The latest quarterly red...
by Shilling Group | Apr 29, 2026 | Shilling Summary
ECONOMY Think-tank: UK faces £35bn economic hit The Guardian The Daily Telegraph The Independent The UK economy could suffer a £35bn hit and face recession risks due to the Iran war, according to the National Institute of Economic and Social Research (NIESR). The...
by Shilling Group | Apr 28, 2026 | Shilling Summary
TAX UK wealth tax would backfire, warns IFS Financial Times The Daily Telegraph City AM After a six-year inquiry into the UK’s social and economic disparities, the Institute for Fiscal Studies has concluded that an annual wealth tax is not the answer to...
by Shilling Group | Apr 27, 2026 | Shilling Summary
TAX Trump threatens tariffs over UK tax City AM The Independent UK US President Donald Trump has warned of potential tariffs on the UK if it does not abolish its digital services tax. Speaking from the Oval Office, he stated that the US could easily retaliate by...