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18 hours ago | 
msn.com | Samuel Norman
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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20 hours ago | 
cityam.com | Samuel Norman
Saturday 28 June 2025 6:00 am | Updated: Friday 27 June 2025 3:15 pm British Business Bank set on delivering Labour’s growth ambition City Reporter British Business Bank chief executive Louis Taylor (Image PA Wire) Arguably one of the biggest winners from Chancellor Rachel Reeves’ latest spending splurge, the British Business Bank had its lending capacity beefed up and pledged to back the UK’s innovators with its expanded range. The bank had its funding capacity increased to £25.6bn in the...
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1 day ago | 
cityam.com | Samuel Norman
Friday 27 June 2025 12:29 pm Will banks be able to escape a Reeves’ tax raid this Autumn?
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1 day ago | 
cityam.com | Samuel Norman
Friday 27 June 2025 9:10 am Labour’s welfare U-turn spikes fears of tax hikes City Reporter Labour’s latest U-turn is another blow to Reeves’ fiscal stability. The bill initially targeted restrictions on personal independence payments (PIP) and limited the sickness-related element of universal credit in a bid to shed £5bn from the welfare budget by 2030. Under the new concessions, people who currently receive the personal independence payment (PIP) will continue to do so, meaning nearly...
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1 day ago | 
cityam.com | Samuel Norman
Friday 27 June 2025 7:35 am Heathrow eyes earnings crunch as national insurance hike weighs City Reporter Heathrow is eying another record number of passengers. The airport expects earnings before interest, taxes, depreciation, and amortisation (EBITDA) to decrease by three per cent to near £1.98bn over the year due to higher operating costs brought on by Rachel Reeves’ tax grab. The Chancellor introduced the 1.2 per cent increase to NICs during her maiden Autumn budget, alongside a whopping...
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1 day ago | 
cityam.com | Samuel Norman
Friday 27 June 2025 5:30 am | Updated: Thursday 26 June 2025 3:57 pm Cavendish chiefs: Markets need tax incentive to turn heads City Reporter Bosses of Cavendish have renewed calls for more attractive tax policy for markets. The bosses of investment bank Cavendish have joined calls to use more attractive tax policy to boost market listings, amid a waning backdrop for the London Stock Exchange. The London-listed company swung back into profit on Wednesday, but did so battling against woeful...
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2 days ago | 
msn.com | Samuel Norman
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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2 days ago | 
cityam.com | Samuel Norman
Thursday 26 June 2025 4:42 pm | Updated: Thursday 26 June 2025 4:43 pm Starling Bank sets sights on US expansion City Reporter Starling is eying US expansion. Starling Bank has set its sights across the Atlantic for future growth prospects as the UK fintech eyes a US banking licence or entering the market through an acquisition. The neobank took a £223m hit to profit in 2024, down from £301m in the previous year and has since scouted endeavours overseas to boost its standing. Raman Bhatia,...
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2 days ago | 
cityam.com | Samuel Norman
Thursday 26 June 2025 1:49 pm Reeves urged to unfreeze income tax or risk entrenched damage City Reporter Rachel Reeves’ spending splurge has heightened tax concerns. (Photo by Carl Court/Getty Images) The Chancellor has vowed to not repeat the scale of tax rises in last year’s autumn Budget, but has not addressed whether she will stand by her promise to unfreeze income tax thresholds from 2028. Reeves has sidestepped questions regarding a freeze extension, but analysts have urged her to...
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2 days ago | 
cityam.com | Samuel Norman
Thursday 26 June 2025 12:40 pm | Updated: Thursday 26 June 2025 12:41 pm Trump’s renewed Fed attacks help pound climb to three-year high City Reporter Trump has lashed out at the chair of the Federal Reserve. Meanwhile, the DXY index, which tracks the dollar against a basket of currencies, tumbled 0.56 per cent to around 97.13. The President said he had “three or four people” he was weighing to replace Powell after describing the chair as “terrible” and “stupid”. Trump’s outbursts follow...
