by Shilling Group | May 6, 2026 | Shilling Summary
ECONOMY UK borrowing costs hit 28-year high Financial Times The Daily Telegraph BBC News Daily Mirror UK borrowing costs have surged to their highest levels since 1998, driven by the ongoing Iran war and political uncertainty ahead of this week’s local elections. The...
by Shilling Group | May 5, 2026 | Shilling Summary
TAX Huel founder issues wealth tax warning The Daily Telegraph Julian Hearn, the founder of meal replacement drink firm Huel, has warned that increasing UK wealth taxes – especially bringing capital gains tax closer to income tax rates – would be...
by Shilling Group | May 4, 2026 | Shilling Summary
TAX Stride: IHT raid will hit family businesses The Daily Telegraph The Conservatives have voiced concerns that the Government’s proposed inheritance tax changes will force family businesses to sell to foreign buyers. Sir Mel Stride, the Shadow Chancellor, has...
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...
