TAX Thousands of offices at risk of closure from tax hikes The Daily Telegraph Nearly 90,000 serviced office spaces across England and Wales could be exposed to as much as £1.5bn in backdated tax bills, the Telegraph reports. Labour’s changes to how business rates are...

TAX HMRC spends £186m recovering £44m in loan charge tax The Daily Telegraph HMRC has spent £186m to recover only £44m from its loan charge initiative, according to recent figures. Approximately 50,000 workers engaged in disguised remuneration schemes, believing they...

TAX Rigby recognises importance of tax for UK listings City AM Lucy Rigby, economic secretary to the Treasury, has acknowledged the importance of the tax regime for attracting fintech listings in the UK. During the Innovate Finance Global Fintech Summit, she...

OUTLOOK Consumer optimism slides Reuters The Daily Telegraph S&P Global says its consumer sentiment index has fallen ⁠to 42.3 from 44.1, with confidence over their financial wellbeing at its lowest level since July 2023. The report, which involved a survey of...

TAX Tax burden climbs and could pass 40% of GDP The Sunday Telegraph Britain is heading for one of the sharpest tax rises among advanced economies, with the International Monetary Fund forecasting that Government tax revenues will exceed 42% of GDP by the start of the...

TAX Reeves 'would prefer not to' hike taxes to boost defence spending The Independent Daily Mail Rachel Reeves says she "would prefer not to" raise taxes to fund increased defence spending, having already raised the tax burden "significantly." The Chancellor's...

ENERGY Government expands energy cost relief scheme The Daily Telegraph BBC News The Times The Government has expanded its energy cost relief initiative for manufacturers, allowing up to 25% reductions in electricity bills. Around 10,000 energy-intensive manufacturers...

ECONOMY IMF downgrades UK growth forecast BBC News City AM The Times The International Monetary Fund (IMF) has downgraded the UK's growth forecast for 2026 by 0.5%, now predicting a rise of just 0.8%. This marks the largest downgrade among G7 nations, with the...

INVESTMENT Banks deepen ties to shadow banking Financial Times The Daily Telegraph Banks are increasingly engaging with private credit amid rising concerns about associated risks, the Telegraph reports. In 2025, banks executed 27 significant risk transfers (SRTs), the...

TAX Tax changes threaten AIM stability The Times Government tax changes are destabilising the Alternative Investment Market (AIM), prompting a surge in investment schemes designed to circumvent inheritance tax (IHT). AIM fund managers, led by Araminta Le Flufy of...