OUTLOOK Industry leaders call for action on taxes, rates and red tape The Sun on Sunday Industry leaders have criticised the Government’s "buy British" procurement drive as a distraction from the taxes, energy bills, business rates and red tape they say are holding...

OUTLOOK PM urged to boost power of London City AM Patrick Diamond, professor of public policy at Queen Mary University of London, argues that Prime Minister Andy Burnham’s devolution agenda must include greater powers and funding for London because the capital remains...

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 such...

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...

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...

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 decline in...

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...

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...

TAX Union calls for tax raid on banks Bloomberg The Daily Telegraph The Guardian Andy Burnham is being urged to implement a tax raid on UK banks following Barclays' 30% increase in its half-year bonus pool, which reached £1.3bn. This coincides with a 31% increase in...

OUTLOOK Job losses hit UK's growth sectors City AM Job losses have impacted eight sectors identified as high-growth in the UK Government's industrial strategy. The annual report from the former Department of Business and Trade revealed a 0.6% decline in employment in...