Category: Finance News

Nov 4

James Dyson condemns ‘spiteful’ inheritance tax in budget, warns of impact on family businesses

Sir James Dyson has strongly criticised Chancellor Rachel Reeves’ latest Budget, describing the new inheritance tax policy as a “spiteful” move that threatens the future of family businesses in the UK. Under the changes, family-owned businesses and farms worth over £1 million will face a 20 per cent inheritance tax starting in April 2026, a […]
Nov 4

Research suggests Trump tariffs could hinder U.S. manufacturing investment

Protectionist trade policies, such as those proposed by Donald Trump, may inadvertently harm U.S. manufacturing firms by increasing input costs, leading to reduced investment, according to a study from the Frankfurt School of Finance & Management. With tariffs central to Trump’s economic vision, manufacturers may face higher costs on imported goods if he is re-elected, […]
Nov 4

Treasury’s bank referral scheme falls flat, securing loans for only 1 in 20 small businesses

The Treasury’s bank referral scheme, intended to increase finance access for small businesses, has come under heavy scrutiny after a recent review revealed it has secured loans for only one in twenty companies referred. Under the scheme, nine major banks are required to refer small businesses they decline for loans to independent platforms that connect […]
Nov 4

UK government pledges £500m to expand broadband and mobile coverage in rural areas

In its first Autumn Budget, the Labour government has committed £500 million to improve broadband speed and mobile coverage across the UK, with a particular focus on rural areas. Chancellor Rachel Reeves highlighted that the funding will bolster ongoing projects like the £5 billion Project Gigabit, targeting 99% gigabit broadband by 2030, and the £1 […]
Nov 4

Tax Strategies for Small Businesses: Maximize Your Profits, Minimize Your Tax Burden

Have you ever wondered if the right tax strategies could truly boost your small business profits while keeping your tax burden low? It’s a theory worth exploring, especially when balancing growth and compliance is essential. By understanding deductions, leveraging credits, and selecting the ideal business structure, you can potentially transform your tax obligations into opportunities. […]