by Shilling Group | Jul 17, 2025 | Shilling Summary
ECONOMY UK inflation hits 18-month high London Evening Standard The I Inflation in the UK has surged to an 18-month high of 3.6% in June, exceeding expectations of 3.4% to 3.5%. This rise is attributed to several factors, including the Chancellor’s increase in...
by Shilling Group | Jul 16, 2025 | Shilling Summary
TAX HMRC fails to track billionaires’ taxes Financial Times City AM The Guardian The Independent Daily Mail The Daily Telegraph HMRC has faced criticism from the Public Accounts Committee (PAC) for its inability to track tax contributions made by billionaires in...
by Shilling Group | Jul 15, 2025 | Shilling Summary
TAX Reeves repeats tax pledge The Times City AM Rachel Reeves has reiterated a pledge that the Government will not increase income tax, National Insurance or VAT, but declined to comment on whether Labour could introduce a new wealth tax. The Chancellor said ministers...
by Shilling Group | Jul 14, 2025 | Shilling Summary
REPORTING New rules set to expose pay gaps The Guardian The Government is set to introduce the Equality (Race and Disability) Bill, which will require employers with over 250 staff to disclose disability and ethnicity pay gaps. The Bill aims to establish a regulatory...
by Shilling Group | Jul 11, 2025 | Shilling Summary
OUTLOOK Business confidence hits three-year low City AM Business confidence in the UK has fallen to its lowest level in three years, primarily due to rising taxes and economic instability. The ICAEW’s confidence monitor index hit -4.2 for the second quarter....
