by Shilling Group | Oct 21, 2025 | Shilling Summary
TAX Top 1% pay a third of UK taxes The Times The top 1% of UK taxpayers contributed approximately £93.8bn in income and capital gains tax (CGT) for the 2023/24 tax year, accounting for 33% of total tax revenue, according to HMRC. The top 100,000 taxpayers alone paid...
by Shilling Group | Oct 20, 2025 | Shilling Summary
OUTLOOK Profit warnings surge amid turmoil Daily Mail The Independent UK The Times Nearly 65 UK-listed companies issued profit warnings in the third quarter, according to a report by EY. Of these, 47% attributed their lower-than-expected profits to “policy...
by Shilling Group | Oct 17, 2025 | Shilling Summary
OUTLOOK Small firms flag Budget fears Daily Express Eight in ten small businesses are worried about the upcoming Budget, according to Novuna Business Finance, with firms concerned that measures set out by the Chancellor could further hurt their business. The survey...
by Shilling Group | Oct 16, 2025 | Shilling Summary
OUTLOOK Chancellor looking at tax hikes and spending cuts Sky News BBC News City AM Daily Mail The Guardian The Independent The Times Rachel Reeves has confirmed that tax rises and spending cuts are on the table as the Budget approaches, with the Chancellor looking to...
by Shilling Group | Oct 15, 2025 | Shilling Summary
TAX Experts call for tax hikes and system overhaul The Independent Tax experts have warned MPs that the current tax system is overly complex and inhibiting growth, telling the Commons Treasury Committee that Chancellor Rachel Reeves should use her Budget to overhaul...
by Shilling Group | Oct 14, 2025 | Shilling Summary
TAX Chancellor warned that tax hikes will hurt firms Daily Mail The Independent The Daily Telegraph Chancellor Rachel Reeves has been warned that tax increases in the upcoming Budget could hurt businesses and drive some companies toward collapse. Shevaun Haviland,...
