by Shilling Group | Aug 6, 2026 | Shilling Summary
TAX Bank boss warns of tax impact City AM The Daily Telegraph The Times Dame Jane Fraser, the chief executive of Citigroup, has expressed concern over the UK’s high taxes, saying the rate faced by banks significantly exceeds those seen in rival financial centres...
by Shilling Group | Aug 5, 2026 | Shilling Summary
TAX Campaigners call for windfall tax on UK banks The Independent Daily Mirror The Guardian Campaigners are advocating for a windfall tax on UK banks, saying the levy could raise £19bn to the fund the Government’s cost of living initiatives. With the collective...
by Shilling Group | Aug 4, 2026 | Shilling Summary
OUTLOOK Business creation slides as closures hit 160k Daily Express UK business creation has reached its lowest level in a decade, with only 157,980 new launches reported. This decline follows the closure of 160,415 businesses in just six months, with these closures...
by Shilling Group | Aug 3, 2026 | Shilling Summary
OUTLOOK Labour’s tax speculation hits business Daily Mail The Institute of Directors (IoD) warns that Labour’s policy uncertainty and ongoing tax speculation are damaging business confidence in the UK. A poll of over 500 business leaders revealed a slight...
by Shilling Group | Jul 31, 2026 | Shilling Summary
TAX Number of wealthy non-dom taxpayers shrink Financial Times The Daily Telegraph The number of wealthy non-domiciled taxpayers in the UK fell by 1,200 last year, according to HMRC data. A total of 9,000 non-doms left or changed their tax status, while arrivals...
by Shilling Group | Jul 30, 2026 | Shilling Summary
TAX Mayors consider tax rebates under devolution plans The Times Some of England’s metro mayors are considering tax rebates for residents as part of new fiscal devolution powers expected to be announced by Prime Minister Andy Burnham. The reforms are set to give...
