The UK’s motor finance industry could be heading for a financial storm reminiscent of the Payment Protection Insurance (PPI) scandal. A recent Court of Appeal ruling found car dealerships and lenders liable for failing to disclose commissions to customers, a precedent that could unleash billions in compensation claims. For decades, PPI haunted UK banks, ultimately […]
The UK’s latest Budget has cast uncertainty over its reputation as a hub for entrepreneurship, with business leaders warning of a potential exodus of talent and investment. Shalini Khemka CBE, CEO of the entrepreneurial community E2E, expressed disappointment in the Budget’s new tax measures, which she believes will deter entrepreneurs and business owners. “Today’s budget […]
As budget day looms there are plenty of things to consider for the hospitality and leisure sector, from the mooted changes to capital gains tax, to the much desired business rates reform. Here, Isabelle Shepherd, Director, haysmacintyre looks at the impact announcements could have. Capital gains tax The possibility of increases in capital gains tax […]
If you’ve been paying any attention to the news in recent years you will know that Britain has a productivity ‘problem’. August publications such as the Financial Times, and The Economist will tell you Britain’s ‘poor productivity’ is ‘holding us back’ as a country on the world stage. Institutions from the London School of Economics, […]
HMRC should implement standardised tax regulations for gifts to ensure they apply equally to all taxpayers, including politicians, according to tax and advisory firm Blick Rothenberg. Robert Salter, a Director at the firm, has called for greater clarity and consistency in gift taxation, noting that while media personalities and social influencers are taxed on gifts, […]
Bramley, a picturesque Surrey village, has found itself the unfortunate poster child for a modern malady plaguing Britain: the disappearance of accountability. What began as a mysterious stench in a pub’s cellar has morphed into a full-blown ecological and bureaucratic disaster, with petrol seeping into the earth and local authorities shrugging their shoulders. A petrol […]
Blick Rothenberg, a leading audit, tax, and business advisory firm, is urging the UK government to reintroduce VAT-free shopping relief for international tourists in support of the country’s fashion industry. As London Fashion Week celebrates its 40th anniversary, Gabby Donald, Corporate Tax Partner at the firm, highlights the significant contributions of the UK fashion and […]
With so many ways to pay both in-store and online, consumers now expect this level of choice in every aspect of their lives – and we’ve seen B2C businesses adapt and cater to this. This level of adaptation at speed cannot be said for the B2B sector, which has been slower to offer the same […]
AI innovation is continuing to surge at an exponential rate – with research from McKinsey revealing that 72% of businesses have implemented AI into at least one business function. In response to the increased adoption of AI by businesses, more companies are beginning to appoint Chief AI Officers (CAIOs) to help harness the benefits that […]
Sir Rocco Forte, the luxury hotelier behind Rocco Forte Hotels, has criticised the current government’s “anti-growth” policies, warning that they are pushing Britain back to the economic challenges of the 1970s. Forte, whose business includes the Balmoral Hotel in Edinburgh and Brown’s in London, claimed that policies “based on socialism” are driving away investment and […]