General elections 2024

Why lawyer Keir Starmer could struggle to restore the city’s swagger

by

Painful new taxes were introduced under the Conservatives. The bank levy brings in around £1.5 billion a year to the Treasury. The bank surcharge, introduced to prevent lenders benefiting from corporate tax cuts, has raised £2.5 billion in the 2022-2023 period, although that revenue is declining now that corporation tax has risen again. Matthew Lesh … Read more

The red tape will cost British businesses billions

by

Labor plans more than 60 regulatory increases that would saddle businesses with tens of billions in extra costs, an analysis shows. The Institute for Economic Affairs (IEA) said Labor would increase red tape in a range of areas, from accelerating the ban on petrol cars to imposing energy efficiency standards in rental properties. In a … Read more