With yet another budget having passed by, the economic landscape remains challenging for businesses. The economy spent most of 2023 teetering on the brink of recession, consumers are still feeling the pinch, and the taxation burden stands at a 70-year high as the UK seeks to pay off the enormous public expenses that were incurred […]
We’re almost one month on from the Spring Budget and into a new tax year, and whilst many businesses are celebrating the close of a successful first quarter, others are still reeling from the lack of support for UK business shown by Chancellor Jeremy Hunt in the Spring Budget. James Robson, CEO, FundOnion explains that […]
As electric car sales plummet in the UK James Taylor, Managing Director of Vauxhall, has penned an open letter addressed to UK Prime Minister Rishi Sunak outlining crucial steps to reinvigorate the electric car market in the UK. In his letter published in The Sun, Taylor highlights a pivotal concern: the delay in transitioning to electric […]
Chancellor Jeremy Hunt’s proposed reforms, outlined in the Spring Budget, signal a potential surge in pension fund investment, particularly in UK-listed equities. The focus on compelling pension funds to disclose the geographical breakdown of their assets aims to address the industry’s reluctance to support domestic companies. With the Treasury’s plan to require defined-contribution pension funds […]
The redefinition of “levelling up” by Chancellor Jeremy Hunt in his recent budget has sparked both praise and criticism, with the geographical scope of the term expanding to include areas beyond the traditional focus on northern towns and cities. Hunt’s budget highlighted new devolution deals for regions like Surrey and Buckinghamshire, signaling a shift towards […]
The decision to cancel the abolition of the non-domiciled (non-dom) tax system has sparked concerns among financial experts, who warn of potentially disastrous consequences for the UK’s economy and investment landscape. Mohammad Uz-Zaman, a chartered wealth manager and Founder of ADL Estate Planning, highlights the significant contributions made by 68,000 non-doms to the UK’s tax […]
A large portion of my time is spent talking to chief information officers (CIO), chief digital officers (CDO), and other technology leaders, listening to their challenges, and assisting them with solutions that improve business and operational performance. A challenge I often hear is: How do we balance the need for IT cost containment with the […]
In 2001 the average life of a British business was 10.7 years. By last year that number had dropped to 8.6 years. In just over two decades the lifespan of British businesses has dropped by 20%. Part of that drop is down to business failure. Last year the UK fell into recession and with it […]
Nearly two in three self-employed people do not believe any of the main political parties represent their best interests. As the end of this government’s parliamentary term approaches, the major political parties are preparing for a general election, due no later than January 2025. But while politicians get on the war footing, the independent workforce […]
Having seen the estimates from the ONS that the UK’s GDP fell by 0.2% in the three months to November 2023, combined with the news that the IMF has downgraded the UK’s growth forecast from 2% to 1.6% for the coming year, businesses may be wondering how to finally break the run of negligible growth […]