EMPLOYMENT Job taxes hinder entry-level hiring, MPs warn The Daily Telegraph MPs have urged the Government to cut employer National Insurance contributions (NICs) for younger workers to tackle rising youth unemployment. The Work and Pensions Committee said employers...

EMPLOYMENT Unemployment steady as vacancies fall City AM The Guardian Daily Mail The Daily Telegraph Office for National Statistics (ONS) data shows that unemployment in the UK remains steady at 4.9%, despite a significant drop in job vacancies, which fell to 712,000...

CORPORATE London sees takeovers surge City AM Takeover activity on the London stock market has accelerated this year, with bidders offering an average 45% premium for listed companies as overseas buyers, particularly from the US, target undervalued UK firms. Since...

TAX Firms fear tax hikes under Burnham Daily Express A survey of 200 UK business leaders by advisory firm DJH reveals widespread concern over the economic outlook under new Prime Minister Andy Burnham, with 75% fearing further tax rises. The poll also saw many firms...

TAX Mahmood would back a 50p top rate The Daily Telegraph The Daily Telegraph The Guardian The Times The Telegraph reports that Shabana Mahmood previously backed increasing the top rate of income tax to 50p, raising fears Andy Burnham's likely pick for Chancellor will...

TAX Burnham will not rule out raising taxes Bloomberg Financial Times The Daily Telegraph Andy Burnham has said he could not rule out raising taxes after he's made Prime Minister. Burnham previously pledged to stick with Labour's manifesto promise not to raise VAT,...

  TAX Super-rich plan escape routes amid tax fears Daily Express Britain's wealthiest individuals are devising escape strategies in response to potential changes in Capital Gains Tax (CGT) under Ed Miliband, who may become Chancellor under Andy Burnham. Business...

TAX HMRC ramps up tax evasion crackdown Daily Express HMRC is enhancing its strategies to prosecute tax evaders, leading to thousands of potential investigations. The authority's use of artificial intelligence and data analytics has simplified the identification of...

TAX Burnham 'plans £38bn tax raid' – Reform The Daily Telegraph Reform UK claims Andy Burnham would raise taxes by £38bn through a range of new levies not mentioned in Labour’s 2024 manifesto. This would bring Labour’s total increase in taxation from around £66bn to...

TAX Tax revenue hit by US exemption Financial Times The Independent Daily Express Daily Mail The I The Times MPs have warned that exempting the United States from a global minimum tax deal could cost the UK £600m annually. The Commons Public Accounts Committee...