OUTLOOK Wealthy families rethink UK residency The Daily Telegraph Daily Mail Britain is losing its appeal to wealthy families, according to the 'Millionaires on the Move' report by Henley & Partners. Tax reforms, including the abolition of the non-domiciled tax...

EMPLOYMENT AO World blames Labour for offshoring The Daily Telegraph The I The Guardian The boss of AO World has said Labour policies had prompted the company to offshore 200 jobs. The online electricals retailer said it had already moved 150 sales and call-centre...

OUTLOOK Labour’s point-scoring risks investment exodus City AM Chris Barlow, the head of legal and compliance at Nomura, has warned that increased regulatory pressure could lead banks to relocate operations from the UK. Speaking to the Following the Rules podcast, he...

OUTLOOK BCC urges Labour to boost growth City AM The British Chambers of Commerce (BCC) is urging the Government to implement a Growth Delivery Test to stimulate economic growth. A report from the BCC points out that the UK has the potential for growth but struggles...

TAX Burnham would revisit Labour’s freeze on income tax The Daily Telegraph The I Daily Express Labour leadership hopeful Andy Burnham has said he would revise his party’s freeze on income tax if he becomes Prime Minister. The mayor of Greater Manchester warned that...

TAX Chancellor mulls tax break for US workers The Daily Telegraph City AM Chancellor Rachel Reeves is considering reforms aimed at preventing US-linked workers in the UK from being taxed twice on the same income. The Government has launched a consultation on the tax...

REPORTING Small firms criticise reporting rethink Financial Times Daily Mail Small businesses have criticised proposals that will require them to file accounts with Companies House. The Government has announced plans that will see small firms report profits and losses...

OUTLOOK FSB warns of squeeze on small firms Daily Mail The Federation of Small Businesses (FSB) has warned that the conflict in the Middle East is pushing up inflation and squeezing small businesses, with diesel and petrol prices rising 30% and 20% respectively since...

TAX CBI warns against tax hikes The Daily Telegraph British businesses are urging the Government - and Labour leadership contenders - to avoid imposing higher taxes on corporations as job losses escalate. The Confederation for British Industry (CBI) warns that...

TAX PM considering small business tax breaks The Times The Government is reportedly considering tax breaks for small businesses in over 280 areas under the "Pride in Place" scheme. This initiative could provide a "holiday" on business rates and is targeting regions...